Re Assessment

[GurjeetSingh Walia]

What is the time limit of Re Assessment ? Can Customs Authority issue the Show cause notice to the exporter after nine months without challenging the Assessment order passed by the Assessing officer and the LEO has also been passed before 9 months.

AI Summary

Can customs issue a show cause notice 9 months post-assessment? Clarification on reassessment time limits provided. A query was raised regarding the time limit for reassessment by customs authorities and whether a show cause notice can be issued to an exporter nine months after an assessment order has been passed. One response clarified that the normal time limit is 18 months, extending to five years in cases of fraud, with no limit for duty drawback matters. Another participant agreed with this explanation, supporting the initial response.