𝗕𝗢𝗖 𝗰𝗼𝗹𝗹𝗲𝗰𝘁𝘀 𝗣𝟱𝟰𝟮𝗠 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗿𝗲𝘃𝗲𝗻𝘂𝗲𝘀 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗣𝗼𝘀𝘁 𝗖𝗹𝗲𝗮𝗿𝗮𝗻𝗰𝗲 𝗔𝘂𝗱𝗶𝘁
Press Release: In its bid to collect lawful revenues, the Bureau of Customs through the Post Clearance Audit Group (PCAG) reports its midyear accomplishment and revenue collections during an Executive Committee Meeting of the BOC in June 2021.
In its report, the PCAG highlighted its successful collection of additional revenues from January to June 2021 amounting to PHP 542,298,069.73 million as part of the 152 Audit Notice Letters (ANL) issued.
Additionally, PCAG stated that it is optimistic to legally collect more revenues from post clearance audits from 2019 and 2020. Presently, there are 15 demand letters amounting to Php 7,625,567,484.70 billion which have become final and executory for failure of the audited importers to contest the same. These will be referred to the BOC Legal Service for filing of the necessary collection suit.
The group emphasized the importance of post clearance audit and the additional revenues that it generates especially as the nation recovers from the impact of COVID-19.
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Topic: Bureau of Customs through the Post Clearance Audit Group (PCAG) (Read 620 times)