Entrepreneurship & Small Business

Customs tax for business purchases at Niagara Falls

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  • Nov 3rd, 2015 4:15 pm
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[OP]
Deal Addict
May 7, 2006
2362 posts
145 upvotes
Toronto

Customs tax for business purchases at Niagara Falls

A customs officer told me it's cheaper to import goods intended for business purposes, into Canada at Niagara Falls at one of the ports but I can't remember which one.

Anyone know the answer?

Thanks
4 replies
Banned
Apr 5, 2013
5810 posts
3018 upvotes
keenland
aokec wrote: A customs officer told me it's cheaper to import goods intended for business purposes, into Canada at Niagara Falls at one of the ports but I can't remember which one.

Anyone know the answer?

Thanks
you need an import number to do this..and a lot of other headaches...if you are bring stuff in for "business or "commercial" purposes..its a PIA for the occasional things. I operate at a border city and auto parts are 50% cheaper across the bridge. then customs informed me of the procedure..after investigating the procedure...i no longer import the parts.....for business
Deal Fanatic
Apr 23, 2009
5161 posts
704 upvotes
South of Ottawa
aokec wrote: A customs officer told me it's cheaper to import goods intended for business purposes, into Canada at Niagara Falls at one of the ports but I can't remember which one.

Anyone know the answer?

Thanks
The cost will be the same no matter what port you use.
cardguy wrote: you need an import number to do this..and a lot of other headaches...if you are bring stuff in for "business or "commercial" purposes..its a PIA for the occasional things. I operate at a border city and auto parts are 50% cheaper across the bridge. then customs informed me of the procedure..after investigating the procedure...i no longer import the parts.....for business
The procedure/process is fairly simple.
Deal Addict
Feb 26, 2003
4248 posts
297 upvotes
GVA
You only pay the GST rather than PST/HST. That's the savings. It does require more effort on your part since you have to prepare and present an entry.
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User avatar
Jan 9, 2002
2709 posts
674 upvotes
Burlington
You can't do a business entry at the Rainbow Bridge...have to go through Lewiston or Fort Erie.
You go through the trucking lanes with your receipts, go in and file a b3 on one of their computers.

Some things you'll need:
Importer number
2 copies of each receipt
Name, state and zip code of the seller
Country of origin of the goods
Amount paid (not including shipping)
Description and HS code...you can look that up on the computer

You print out the completed B3, sign it, hand it in and pay when they call you.
Depending when you go, you could be waiting 10 minutes or 3 hours. Don't go on a Thursday aft.
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