BOC earns add’l P1.5-B via post clearance audit in 2021

The Bureau of Customs (BOC), through its Post Clearance Audit Group (PCAG), has collected more than PHP1 billion in additional revenues last year.

In a statement Monday, PCAG chief Assistant Commissioner Vincent Philip Maronilla reported that the bureau earned a total of PHP1,522,216,793.42 as part of the 349 Audit Notice Letters (ANL) issued from January to December 2021.

He added that the collection is 25 percent higher than its revenue collection from the previous year.

At the same time, the office is looking to legally collect more revenues from post-clearance audits with pending status from 2019 to 2021.

Presently, there are 55 demand letters amounting to PHP12,468,110,546.82 which have become final and executory for the failure of the audited importers to contest the same.

These are now being referred to the BOC Legal Service for filing of the necessary collection suit.

Meanwhile, Commissioner Rey Leonardo Guerrero emphasized the importance of post clearance audit and the additional revenues that it generates especially as the nation continues to recover from the impact of coronavirus disease 2019 (Covid-19).

Source: Philippines News Agency

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