Although payment for FEBRUARY, AUGUST, NOVEMBER, DECEMBER 2014 monthly K84 statement will be due as usual on the last business day of the month (February 28, August 29, November 28 and December 31, 2014), the Canada Border Services Agency (CBSA) realizes that some months have fewer days to arrange for payment, creating a challenge for clients. Therefore, the CBSA will not issue a late payment penalty or charge interest if the payment is received after the dates mentioned above, but on March 3, 2014, September 2, 2014, December 1, 2014, January 2, 2015 before 16:30 local time. Should payments be received after March 3, 2014, September 2, 2014, December 1, 2014, January 2, 2015, 16:30 local time, they will be subject to interest and penalties effective March 3, 2014, September 2, 2014, December 1, 2014, January 2, 2015.

As January 2, 2015 is a bank holiday in Québec, clients who normally pay their K84’s at a bank in Québec will have until January 5, 2015, 11:30 AM local time to provide their proof of payment to their payment office without incurring late payment penalties and interest. Therefore should payments be received after January 5, 2015, 11:30 AM local time, they will be subject to interest and penalties dating back to January 5, 2015.

Note - This also applies to Customs Self Assessment (CSA) importers. The customary month end Revenue Summary Form payment processes should be followed.

The payment due date and billing period procedures will remain in place until the implementation of the Accounts Receivable Ledger.

Should you have any questions, please contact the Assessment Unit by email CBSA-ASFC_Assessment_and_Licensing_Unit-Unite_des_cotisations_et_des_agr...