Customs & Excise Bonds

Required Information to complete form:

Commercial Surety Short Form Application.
(If bond amount does not exceed $25,000 and the required bond is stipulated on the application.)

Long Form Commercial Surety Bond Application (Form E).
For use with all bonds not qualifying under the Short Form Application.

In addition to the following:

• Corporate financial statement (if applicant is a business)
• Personal financial statement (if applicant is an individual)

Canada Customs bonds You may need a Canada Customs bond if you or your business needs to provide financial security to the Canada Border Service Agency (CBSA) or Canada Revenue Agency (CRA) before you import, export or move commercial goods through Canada. This bond ensures that you meet the requirements of the act or regulation governing the customs activity you are carrying out. Excise bonds You’ll need an excise bond if you or your business requires a spirits or tobacco license. Alternatively, you may have a need to replace your existing security with a bond."

Customs and excise bonds are for the benefit of federal and provincial governments and guarantee that either taxes or duties or both will be paid by the principal when invoiced by the government. These bonds also ensure that companies comply with all legal and tax acts and requirements related to their business.

Businesses involved in import, export, manufacturing, sales or distribution of goods in Canada may require a customs and excise bond.

Customs bonds are required by the federal government and guarantee payment of various duties, tariffs and taxes. Common customs bonds are:

• Bonded Carrier Operations
• Customs Bonded Warehouse Bond
• Customs Brokers License Bond
• Customs Sufferance Warehouse
• Duty Free Shops
• Non-Resident GST Bond
• Release of Goods Bond
• Temporary Importation

Customs Bonds allow for the immediate release of imported goods prior to final determination and/or payment of required tariffs, duties and taxes.

Excise bonds are required by federal and provincial governments and guarantee payment of excise taxes and compliance with federal and provincial tax acts and regulations. Common excise tax bonds are:

• Fuel Tax Bond
• General Excise Bond
• Non-Resident GST
• Sales Tax
• Tobacco Bond

Excise Bonds allow businesses to use or ship goods prior to the payment of applicable excise taxes.