We conduct post-clearance audits to review past transactions, ensuring compliance with customs laws and identifying areas for cost optimization and process improvement.
Post Clearance Audit (PCA) in the Philippines is a process conducted by the Bureau of Customs (BOC) to review and verify the accuracy of importers’ and exporters’ declarations, payments, and compliance with customs laws after goods have been released from customs custody. This audit ensures that businesses have properly paid the correct duties and taxes, complied with trade regulations, and adhered to the Customs Modernization and Tariff Act (CMTA) and other related laws.
Under the PCA system, customs authorities examine financial records, sales invoices, contracts, and other relevant documents to detect any discrepancies, undervaluation, misclassification, or non-compliance. If violations are found, companies may be subject to additional tax assessments, penalties, or legal action. Importers are required to maintain records for a specified period for audit purposes. The PCA aims to promote voluntary compliance, trade facilitation, and revenue collection efficiency while deterring fraud and smuggling activities.
To help businesses maintain compliance and avoid unnecessary liabilities, Jill L. Tolentino Customs Brokerage conducts thorough post-clearance audits. We review import and export records, identify discrepancies, and provide corrective measures to ensure that all transactions align with customs laws.
Our proactive approach helps traders safeguard their operations from future audits, penalties, or disruptions, allowing for smooth and compliant business continuity.
Post Clearance Audit (PCA) is a review process conducted by Customs authorities within 3 years from the date of final payment of duties and taxes or clearance of goods. It ensures that the importer has complied with all applicable laws, regulations, and duties. The audit helps identify any discrepancies in the declared value, classification, or origin of goods and ensures proper payment of duties and taxes.
A Post Clearance Audit is crucial for maintaining compliance with Customs regulations. It helps businesses avoid penalties by ensuring that their shipments are in accordance with the law. It also provides an opportunity to correct any errors in declarations, preventing future legal or financial complications.
At Jill L. Tolentino Customs Brokerage, we provide expert support during the Post Clearance Audit process. We assist in reviewing your past import declarations to ensure accuracy, resolve any discrepancies, and work with Customs authorities to ensure compliance with applicable laws and regulations. Our team ensures that your business stays in good standing with Customs.
If discrepancies are found during the Post Clearance Audit, Customs may require additional payments for unpaid duties, taxes, or fines. In some cases, Customs may also impose penalties. At Jill L. Tolentino Customs Brokerage, we help you identify any issues early on, facilitate resolution, and help ensure compliance to minimize risks and costs.
To avoid errors that could trigger an audit, ensure that all your import documentation is accurate and complete. At Jill L. Tolentino Customs Brokerage, we offer services that ensure proper classification, valuation, and documentation of your goods. Our team will guide you through Customs compliance to minimize errors and risks.
Yes, Jill L. Tolentino Customs Brokerage provide full service if you are selected for a Post Clearance Audit. Our team will review your records, assist in preparing the necessary documentation, and work directly with Customs to resolve any issues quickly and efficiently.
At Jill L. Tolentino Customs Brokerage, we specialize in providing expert logistics solutions tailored to help your business thrive. Whether you're importing, exporting, or navigating complex customs regulations, our dedicated team ensures seamless operations and reliable service.
