Tag: importers

Customs bureau reports P487 million in additional revenues from post-clearance audits on importers

(Eagle News)–The Bureau of Customs has collected P487 million in additional revenues as a result of its post-clearance audits on importers. The BOC said in a statement on Saturday, June 20, that of this amount,  P19,755,564.47 were the result of an audit  on five companies/importers, while  P160,027,224.51 were collected from 24 companies that applied for the Prior Disclosure Program and were covered by existing Audit Notification Letters issued against Customs bonded warehouse operators and their […]