As the U.S. government enters a new fiscal year as of October
1st, U.S. Customs and Border Protection ("Customs") will
begin its process of notifying importers of their selection for and
required participation in various audit and assessment programs.
While Customs audits cover routine compliance matters that may
impact revenue collection, each year the agency focuses on various
priority trade issues. Customs is expected to have a growing
interest in country of origin declaration where special tariffs or
trade remedies may apply and documenting supply chain due diligence
for forced labor compliance.
Customs engages with the trade community through various types
of reviews, including three levels of more formal audits and four
non-audit assessments.
