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of <h1>Section 110AA of Customs Act: Handling Duty Shortfalls, Errors, and Refunds After Inquiry or Audit.</h1> Section 110AA of the Customs Act, 1962, introduced by the Finance Act, 2022, outlines actions following inquiries, investigations, or audits. If a customs officer believes there has been a shortfall or error in duty levied, refunded, or interest paid, they must transfer relevant documents and a report to the appropriate jurisdictional officer. This may involve officers responsible for duty assessment, refund, or drawback. In cases of multiple jurisdictions, the assignment is determined by the Board. The designated officer then exercises powers under sections 28, 28AAA, or Chapter X, as applicable.
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