Administrative Monetary Penalty System
C070
Contravention
Importer or owner failed to account for goods in prescribed time and manner.
Penalty
| Occurrence | Penalty |
|---|---|
| 1st | $1,200 |
| 2nd | $2,400 |
| 3rd and subsequent | $4,800 |
- Penalty basis
- Per instance
- Retention period
- 36 months
Guidelines
Non-compliance occurs when neither interim nor final accounting has been done by the importer or owner to account for the imported goods, and thus late accounting penalties would not be appropriate.
Each penalty imposed during a first verification will be at the first level ($1,200 per invoice/document) and each penalty imposed during a second verification will be at second level ($2,400 each).
The same applies for the third and subsequent verifications where each penalty will be assessed at $4,800.
Apply a penalty per commercial invoice or similar document.
References
Legislation
D-Memo
D17-1-5, Registration, Accounting and Payment for Commercial Goods
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