Time-limit for finalisation of provisional assessment: finalisation subject to recorded extensions and suspension while specified legal impediments persist. Regulation 8 sets the time-limit for finalisation of provisional assessment, requiring finalisation within the initial statutory period after receipt of documents or conclusion of an enquiry, subject to recorded short extensions and an outer completion limit measured from the provisional assessment date; transitional reckoning is provided for assessments pending on a specified date. If specified impediments (foreign information requests, pending appeals or stays, Board directions, or Settlement Commission applications) prevent finalisation, the proper officer must notify the importer or exporter and the outer time-limit is suspended until the impediment ceases.
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Provisions expressly mentioned in the judgment/order text.
Time-limit for finalisation of provisional assessment: finalisation subject to recorded extensions and suspension while specified legal impediments persist.
Regulation 8 sets the time-limit for finalisation of provisional assessment, requiring finalisation within the initial statutory period after receipt of documents or conclusion of an enquiry, subject to recorded short extensions and an outer completion limit measured from the provisional assessment date; transitional reckoning is provided for assessments pending on a specified date. If specified impediments (foreign information requests, pending appeals or stays, Board directions, or Settlement Commission applications) prevent finalisation, the proper officer must notify the importer or exporter and the outer time-limit is suspended until the impediment ceases.
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