GAO Report Finds $2.3 Billion in AD/CV Duties Uncollected by Customs
September 8, 2016
An estimated $2.3 billion in antidumping and countervailing duties have gone uncollected by Customs and Border Protection. The GAO (Government Accountability Office) recommends that Customs issue guidance to collect and analyze data on a regular basis to address the cause of Antidumping and Countervailing liquidation errors. They also recommended conducting regular risk assessments that consider the likelihood and risk factors related to nonpayment.
An estimated $2.3 billion in antidumping and countervailing duties have gone uncollected by Customs and Border Protection. The GAO (Government Accountability Office) recommends that Customs issue guidance to collect and analyze data on a regular basis to address the cause of Antidumping and Countervailing liquidation errors. They also recommended conducting regular risk assessments that consider the likelihood and risk factors related to nonpayment. 