Auditing
Post-Clearance Audit and Risk Analysis
In accordance with the Regulation on Post-Clearance Audit and Control of Risky Transactions, the Ministry of Trade (formerly the Ministry of Customs and Trade) conducts a regular annual POST-CLEARANCE AUDIT (PCA) program. Within the framework of this program, audit units (Inspectors) periodically audit the customs and foreign trade operations of companies. Following these audits, Additional Tax Assessments and Penalty Notices may be issued in accordance with the provisions of the Customs Law No. 4458 and other relevant legislation.
M'OCEAN
These audits examine and verify transactions spanning the past three years, in accordance with the 3-year statute of limitations stipulated in the Customs Law.
With our expert team of Former Customs Inspectors, we conduct retrospective examinations of your customs declarations, performing comprehensive post-clearance audits and risk assessments. This ensures that your business is fully prepared for potential audits by the Ministry of Trade.
Furthermore, if deficiencies or errors are voluntarily declared before they are detected by the Customs Administration, penalties are reduced to 10% of the original amount.
WHAT IS POST-CLEARANCE AUDIT (PCA) AND RISK ANALYSIS?
Post-Clearance Audit (PCA) is the on-site verification of commercial documents, data, and systems belonging to relevant parties. It is conducted to ensure the accuracy of declared information and to verify that customs transactions—and subsequent commercial operations—have been carried out in compliance with the law. These audits focus specifically on risky individuals or transactions.
Post-Clearance Audits are conducted by Customs Inspectors within the framework of Article 73 of the Customs Law and the Regulation on Post-Clearance Audit and Control of Risky Transactions.
In accordance with these regulations, the Ministry of Trade executes a regular annual audit program. Under this program, audit units (Inspectors) periodically examine companies’ customs and foreign trade operations, as well as their commercial documents and internal accounting records. If violations are detected, Additional Tax Assessments and Penalty Notices are issued pursuant to Customs Law No. 4458 and other relevant legislation. In severe cases, legal proceedings may even be initiated under the Anti-Smuggling Law.
These audits typically cover a 3-year period, in line with the statute of limitations specified in the Customs Law.
To avoid such adverse situations and take proactive measures, our expert team—composed of Former Customs Inspectors—conducts retrospective examinations of your customs declarations and performs comprehensive risk audits. We support you in taking the necessary steps to eliminate identified risks and assist in establishing internal audit systems to ensure full regulatory compliance. This ensures you are always prepared for potential audits by the Ministry of Trade.
For detailed information regarding our Post-Clearance Audit & Risk Analysis services contact us.
