CBP: April Audit Revenue Slumps 62% From March
Revenue generated from audits totaled $117 million in April, down 62% from March's audit revenue total of $310 million but 228% higher than the $13 million generated in April 2024, according to CBP's monthly update.
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CBP completed 33 audits in April, compared with 71 audits in March and 20 audits in April 2024.
The agency also processed more than 3 million entry summaries in April, valued at more than $284 billion, compared with 3 million entry summaries filed in March with a value of more than $352 billion. In April 2024, CBP processed more than 3.2 million entry summaries valued at more than $289 billion.
CBP added that it has collected $37.9 billion in tariff revenue since Jan. 20.