The following is a message from CBSA.
Although payment for December 2012's monthly K84 statement will be due as usual on December 31, 2012, the CBSA realizes that the number of statutory holidays and where they fall during the work week create a challenge for clients. Therefore, the CBSA will not issue a late payment penalty or charge interest if the payment is received after December 31, 2012, but before January 2, 2013, 4:30 PM local time. Should payments be received after January 2, 2013, 4:30 PM local time, they will be subject to interest and penalties dating back to January 2, 2013.
As January 2, 2013 is a bank holiday in Quebec, clients who normally pay their K84’s at a bank in Quebec will have until January 3, 2013, 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 3, 2013, 11:30 AM local time, they will be subject to interest and penalties dating back to January 3, 2013.
Note - This applies to Customs Self Assessment (CSA) importers. The customary month end Revenue Summary Form payment processes should be followed.