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Import Duties and Taxes: Improved Collection, Accounting, and Cash Management Needed

FGMSD-78-50 Published: Aug 21, 1978. Publicly Released: Aug 21, 1978.
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Highlights

The U.S. Customs Service collected over $6 billion in duties, taxes, and fees on imported merchandise during fiscal year (FY) 1977, and revenues are projected to increase to $7 billion by the end of 1980.

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Accounting systemsAlcohol taxesBilling proceduresCollection proceduresCustoms administrationDebt collectionImportingInterest ratesTariffsTax administration