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CBSA Proposes Last Sale Rule for Customs Valuation

The Canada Border Services Agency CBSA is proposing to fundamentally change Canadian customs valuation rules in draft amendments to the Valuation for Duty Regulations, SOR/86-792 VFD Regulations published on May 27, 2023. While the stated purpose of the draft amendments targets the valuation of goods by non-resident importers by valuing goods based on the last sale in a series of transactions resulting in the importation of goods into Canada, as drafted, the amendments will also affect Canadian resident importers.

Bennett Jones Appointed to UK Government s Post-Brexit Trade Law Panel

Share this article Share this article TORONTO, Jan. 27, 2021 /PRNewswire/ - Bennett Jones has been appointed to the UK Government s new Trade Law Panel together with Linklaters LLP. The appointment follows an open and competitive international procurement process. The Trade Law Panel was established to assist the UK government in international trade disputes at the WTO and in connection with disputes brought under the UK s trade and investment treaties. Prior to the UK s exit from the European Union, the UK was represented in such matters by the EU. Our appointment reflects our extensive experience in WTO dispute settlement as well as our deep expertise in international investment litigation, said Darrel Pearson, head of Bennett Jones International Trade and Investment Team.

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