Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
(Eagle News) — The Bureau of Customs has raised over P191 million in additional revenues for January. The bureau said the P191,383,743.21 in additional duties and taxes collected by the Post Clearance Audit Group were due to the intensified post-clearance audit verification and investigation of importers suspected to have violated provisions of RA 10863 or the Customs Modernization and Tariff Act. It said it sent three demand letters while 21 filed applications for the Prior […]
(Eagle News) — The Bureau of Customs has raised P1.2 billion in additional revenues for 2020 through its post-clearance efforts. In a statement, the bureau said the P1.2 billion in funds were generated with the Post Clearance Audit Group’s issuance of 168 Audit Notice Letters. The bureau said the PCAG was optimistic that additional revenues may still be collected from post clearance audits from 2019. So far, it said there are still 26 demand letters being […]
