https://www.taxtmi.com/acts?id=975 Provisionally assessed customs duty may be made where self-assessment is not possible, testing or further enquiry is needed, or documents or information remain pending, subject to security for any shortfall. The proper officer must finalise the assessment within the prescribed time, with limited extension and special exclusion periods where finalisation is delayed by foreign legal process, pending judicial proceedings, stays, Board directions, or settlement-related applications. On final assessment or re-assessment, amounts are adjusted, deficiencies are payable, excess is refundable, interest applies on unpaid duty and delayed refunds, and refunds are paid only where the incidence has not been passed on in specified cases. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 16 Jun 2026 12:45:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=975 Provisionally assessed customs duty may be made where self-assessment is not possible, testing or further enquiry is needed, or documents or information remain pending, subject to security for any shortfall. The proper officer must finalise the assessment within the prescribed time, with limited extension and special exclusion periods where finalisation is delayed by foreign legal process, pending judicial proceedings, stays, Board directions, or settlement-related applications. On final assessment or re-assessment, amounts are adjusted, deficiencies are payable, excess is refundable, interest applies on unpaid duty and delayed refunds, and refunds are paid only where the incidence has not been passed on in specified cases. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=975