WASHINGTON (CN) – The U.S Customs and Border Protection will start using sampling in its audits of import paperwork and will use the results to offset overpayments and over-declarations when an audit involves a calculation of lost duties, taxes or fees.
Under the agency’s new plans, companies subject to an audit would waive the right to challenge the sampling methods the agency uses if the importer agrees to an audit that uses sampling. Importers will have an opportunity during the initial phases of the audit to challenge the proposed sampling methods.
An audited entity could still challenge the underlying finding of violations, which are then sampled across all of the importer’s transactions.
Click the document icon for this regulation and others.