LIMITATION ON ACTIONS.

SEC. 668. LIMITATION ON ACTIONS. Section 621 (19 U.S.C. 1621) is amended— (1) by inserting “any duty under section 592(d), 593A(d), or” before “any pecuniary penalty”; and (2) by striking out “discovered:” and all that follows thereafter and inserting the following: “discovered; except that— “(1) in the case of an alleged violation of section 592 or 593A, no suit or action (including a suit or action for restoration of lawful duties under subsection (d) of such sections) may be instituted unless commenced within 5 years after the date of the alleged violation or, if such violation arises out of fraud, within 5 years after the date of discovery of fraud, and “(2) the time of the absence from the United States of the person subject to the penalty or forfeiture, or of any concealment or absence of the property, shall not be reckoned within the 5-year period of limitation.”.