Verification scope expanded: customs checks now cover all bill of entry declarations and employ risk-based selection for assessments. Clause 58 amends section 17 to expand verification to entries under section 46 or 50 and to declarations in bills of entry and shipping bills, requires selection for verification to be primarily risk-based, substitutes subsection (3) phrasing to 'the purposes of verification,' omits limiting words in subsection (5) related to valuation, classification and exemptions, and omits subsection (6).
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.
Verification scope expanded: customs checks now cover all bill of entry declarations and employ risk-based selection for assessments.
Clause 58 amends section 17 to expand verification to entries under section 46 or 50 and to declarations in bills of entry and shipping bills, requires selection for verification to be primarily risk-based, substitutes subsection (3) phrasing to "the purposes of verification," omits limiting words in subsection (5) related to valuation, classification and exemptions, and omits subsection (6).
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
