Provisional assessment finalisation may receive a limited extension where sufficient cause exists and written reasons support it. The Commissioner of Customs may extend the two-year period for finalisation of provisional assessment by up to one additional year. Such extension, ... Summary
Provisional assessment finalisation may receive a limited extension where sufficient cause exists and written reasons support it.
The Commissioner of Customs may extend the two-year period for finalisation of provisional assessment by up to one additional year. Such extension, notwithstanding the time-limits under the specified regulations, requires sufficient cause and written reasons, in terms of the first proviso to section 18(1B).
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