5 Questions
The Bureau can conduct an audit examination only within one year from the date of final payment of duties and taxes.
False
The assessment of goods is considered conclusive immediately after the goods have been released.
False
The Bureau can investigate records pertaining to any goods declaration for the purpose of determining the liability of the Importer for duties and taxes.
True
The Bureau has no authority to impose fines or penalties during the audit examination.
False
The period of limitation for the assessment is one year from the date of final payment of duties and taxes.
False
Understand the rules and procedures for customs clearance audits, including the timeframe for conducting audits and the purpose of verifying goods declarations. Learn about the importance of accurate records and determining importer liability for duties. Test your knowledge of customs regulations and compliance.
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