The Department of Finance has announced an amendment to the remission order on Canadian imports of steel and aluminum.
There are four schedules of goods subject to remission:
- For goods in Schedule 1, relief is granted for an indefinite period for steel and aluminum products imported from the U.S. on or after July 1, 2018.
- For goods in Schedule 2, relief is granted for a limited period from July 1, 2018 to April 30, 2019 for steel and aluminum products imported from the U.S.
- For goods in Schedule 3, relief is granted for steel and aluminum products imported from the U.S. This relief is limited to specifically listed importers, for specified periods and subject to applicable conditions as prescribed in Schedule 3.
- For goods in Schedule 4, relief is granted for an indefinite period for other goods imported from the U.S. on or after July 1, 2018, subject to applicable conditions, as provided in the amending Remission Order.
To address tariff classification issues, the amending Remission Order also removes the use of tariff item codes in Schedule 1 and Schedule 2 for the purpose of determining eligibility for remission of surtaxes.
A backgrounder is available and additional information will be provided to members as soon as it is available.