Under its drive to collect revenue due to the government from agricultural products, the bureau said Thursday it will conduct a post clearance audit on the 60 rice importers.
For this year, the audit shall cover the importations of rice of the 60 importers during the period of January 1 to June 30. Auditees were found liable for the payment of P1.417 billion in deficiency customs duties, penalties, surcharges, and interest due to undervaluation, misclassification, and/or understatement of freight and insurance charges.
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