GAO outlines tools to combat duty evasion
Nov 08, 2011 | 12:38 PM
| Catherine Ngai
Tags
GAO,
duties,
anti-dumping,
evasion,
transshipment,
undervaluation,
customs,
border protection
christine ngai
NEW YORK — U.S. Customs and Border Protection (CBP) has three viable tools to reduce the amount of revenue lost when products brought into the United States evade anti-dumping and countervailing duties, according to a U.S. Government Accountability Office (GAO) report.
Companies use a variety of techniques to evade duties, the report said, including illegal transshipment, undervaluation of product and misclassification of merchandise. ....
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