BOC collects P497M from post clearance audit in Q3

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The P497 million collected by the Post Clearance Audit Group resulted from 112 Audit Notice Letters issued during the period. Photo from the Bureau of Customs.
  • 112 Audit Notice Letters issued during Q3 yielded revenues of P497 million for the Bureau of Customs Post Clearance Audit Group
  • To date, PCAG has collected P1,037,604,985.85 from 266 ANLs issued
  • More revenues expected with 57 demand letters amounting to P11.473 billion now final and executory

The Bureau of Customs’ Post Clearance Audit Group (PCAG) collected P497,044,083.84 for the third quarter, the bureau said in a statement.

The collection resulted from 112 Audit Notice Letters (ANL) issued during the period.

From the beginning of the year to date, PCAG has already collected P1,037,604,985.85 from a total of 266 ANLs issued.

Headed by assistant commissioner Vincent Philip Maronilla, PCAG is optimistic of taking in more revenues noting there are 57 demand letters amounting to P11.473 billion that are final and executory for failure of audited importers to contest the same. These have been referred to the BOC Legal Service for filing of collection suit.

The function of the post-clearance audit, formerly called post-entry audit, was returned to BOC in 2016 from the Department of Finance, where in 2014 the function had been transferred.

In 2018 PCAG started welcoming applications to the Prior Disclosure Program (PDP) and in early 2019, began sending out ANLs with the release of Customs Administrative Order No. 01-2019, which implements BOC’s post-clearance audit function,

READ: BOC to commence audit of firms with release of post-clearance audit order

The PDP, formerly called Voluntary Disclosure Program, is based on international best customs practice that allows importers to voluntarily pay for discrepancies in duties and taxes of previous shipments before post-clearance audit.

Under CAO 01-2019, within three years from the date of final payment of duties and taxes or from customs clearance, BOC may conduct an audit examination, inspect, verify, and investigate records pertaining to any goods declaration. The declaration includes statements, declarations, documents, and electronically generated or machine-readable data.

Such audit intends to ascertain if the goods valuation is correct and determine if the importer is liable for duties, taxes, and other charges, including any fine or penalty.