What is Post Audit?
Post Audit A formal review and examination of customs entries, shipping documentation, or trade records conducted after goods have been cleared, typically by customs authorities, to verify compliance and proper payment of duties/taxes.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Post Audit” Used in Practice?
The customs post audit revealed discrepancies in the declared value of several imported shipments over the past fiscal year.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Post Audit?
A formal review and examination of customs entries, shipping documentation, or trade records conducted after goods have been cleared, typically by customs authorities, to verify compliance and proper payment of duties/taxes.
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