Penalty Reinvestment Agreement


26. While the payment of the sanction may be deferred until the decision, a penalty that is not paid within 30 days of the issuance and is found to be duly issued and is not fully exempted by a successful PRA, interest at the interest rate required from the day after the AFN was served until the date on which it was notified. amount payable in accordance with S.A. 133 is paid in full. 39. The CBSA notifies the applicant in writing of the decision to grant or deny a PRA and, if applicable, the amount of the reinvestment of the sanction. The CBSA`s decision to grant or deny a punitive reinvestment is a section 133 decision of the Customs Act. 38. If it is determined, after verification, that corrective measures are effective in ensuring full compliance with these measures, the PRA is granted and the CBSA will authorize the applicant to reinvest the amount of sanctions for the same amount as the total amount of eligible costs incurred by the applicant to comply with the rules. However, if it is determined that corrective actions are not effective in achieving compliance, the PRA will not be granted and the CBSA will require that all unpaid penalties be paid with applicable interest. 27.

In the event that an amount less than the sanction imposed is awarded to a PRA and the sanction at issue has not been paid within 30 days of the issuance, interest at the prescribed rate applies to the amount to which the penalty has been reduced and is due from the day after the ANPA is granted until the date of the full payment of the amount owed. If a new assessment of the sentence is repealed, an importer may enter into a Punitive Reinvestment Agreement (“PRA”) in which some or all of the penalty may be issued, provided that the importer takes compliance measures to ensure that the offences do not occur in the future. A PRA is granted as part of the departmental review process and can be initiated by a request for a decision from the Minister pursuant to Section 129 of the Customs Act. If the CBSA does not agree to an appropriate correction, a review under section 129 of the Customs Act may be submitted within 90 days of the date of your notification. The reasons for a request for reconsideration may be, among other things, errors in the calculation, name, address, standard ticket, amount of penalty or amount assessed. b) there has been an offence, but finds that there has been an error in the amount assessed and that the penalty must be reduced. A review of fines is the document in which the Canada Border Services Agency (CBSA) issues an assessment of an administrative fine (MPA) against an importer. An MPA is a civil (not criminal) fine imposed by the CBSA for violating a law, regulation or regulation.

The Master Penalty Document contains all ampS violations that can be applied to commercial customers, including importers, exporters, brokers, duty-free storage and sales store operators, carriers, carriers or their representatives.

Posted Sunday, April 11th, 2021 at 7:25 am
Filed Under Category: Uncategorized
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