CIFTA Remission Order

CIFTA Remission Order Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 115 of the Customs Tariffa, hereby makes the annexed CIFTA Remission Order. S.C. 1997, c. 36 In this Order goods means goods that would have been eligible for the Canada-Israel Agreement Tariff rate of duty as of December 31, 1997 had they been imported on that date, but are not eligible for that rate of duty if imported on or after January 1, 2002. Subject to section 3, remission is hereby granted of the customs duties paid or payable under the Customs Tariff on goods imported during the period commencing on January 1, 2002, and ending on December 31, 2002, in an amount equal to the difference between the customs duties paid or payable at the Most-Favoured-Nation Tariff rate or the General Preferential Tariff rate of duty for that good, as the case may be, under the Customs Tariff and the regulations made under it, as they read on January 1, 2002, and the customs duties that would be payable at the Canada-Israel Agreement Tariff rate of duty for the good, as if that good qualified for that rate of duty, in accordance with the Customs Tariff, and the regulations made under it, as they read on January 1, 2002. Remission is granted on condition that a claim for remission is made to the Minister of National Revenue within four years after the day on which the goods are imported. This Order comes into force on the day on which it is registered.