The U.S. Government Accountability Office (GAO) has issued a 101-page report on Antidumping and Countervailing Duty. According to the report the GAO estimates that about $2.3 billion in antidumping (AD) and countervailing (CV) duties owed to the U.S. government were uncollected as of mid-May 2015, based on its analysis of AD/CV duty bills for goods entering the United States in fiscal years 2001–2014. U.S. Customs and Border Protection (CBP) reported that it does not expect to collect most of that debt. GAO found that most AD/CV duty bills were paid and that unpaid bills were concentrated among a small number of importers, with 20 accounting for about 50 percent of the $2.3 billion uncollected. CBP data show that most of those importers stopped importing before receiving their first AD/CV duty bill.
In addition to widespread suspicion of importers intentionally evading AD/CV, this report is yet one more reason that CBP is very focused on shipments having or suspected of having AD/CV. Also see our article on the EAPA Act.
To download the 1-page Executive summary of this report please follow this link: GAO AD/CV Executive Summary
To download an Adobe copy of the full 101-page report please follow this link: GAO Report on AD/CV
In addition to widespread suspicion of importers intentionally evading AD/CV, this report is yet one more reason that CBP is very focused on shipments having or suspected of having AD/CV. Also see our article on the EAPA Act.
To download the 1-page Executive summary of this report please follow this link: GAO AD/CV Executive Summary
To download an Adobe copy of the full 101-page report please follow this link: GAO Report on AD/CV
