Provisional assessment bond requires payment of any duty deficiency and timely production of required documents. Regulation 3 requires that the bond for provisional customs assessment include an undertaking to pay any deficiency between the duty finally assessed or re assessed and the duty provisionally assessed, whether provisional assessment is allowed on request, pending a test or enquiry, or pending production of documents or information; where production is pending the bond must also obligate the person to produce the required documents or information within one month or an extended period allowed by the proper officer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Provisional assessment bond requires payment of any duty deficiency and timely production of required documents.
Regulation 3 requires that the bond for provisional customs assessment include an undertaking to pay any deficiency between the duty finally assessed or re assessed and the duty provisionally assessed, whether provisional assessment is allowed on request, pending a test or enquiry, or pending production of documents or information; where production is pending the bond must also obligate the person to produce the required documents or information within one month or an extended period allowed by the proper officer.
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