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Benefits of Trade Auditing
- Gives the government additional control over its Customs processes. - Ensures maximum collection of duties. - Increases the transparency of Customs processes, ensuring consistent and fair treatment of importers and exporters. - Provides an additional filter deterring fraudulent import practices. - Provide an independent set of key performance indicators that Customs officials and government officials can use to measure and to improve performance. - Enables Governments to lower Customs duties in compliance with WTO mandates, while minimizing expected revenue losses.
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