https://www.taxtmi.com/acts?id=12117 The Bill introduces self-assessment into the Customs Act, replacing and aligning assessment provisions, enabling provisional assessment when self-assessment is not possible, and authorising audits of assessments including at importer or exporter premises. It standardises refund limitation to one year, simplifies recovery and interest provisions, makes liabilities a first charge on property (subject to stated exceptions), permits electronic filing of import/export entries with alternatives, and empowers the Board to set monetary limits and directions for Commissioners' appeals, with specified retrospective effect. en-us Mon, 07 Mar 2011 12:45:33 +0530 Fri, 11 Mar 2011 15:15:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12117 The Bill introduces self-assessment into the Customs Act, replacing and aligning assessment provisions, enabling provisional assessment when self-assessment is not possible, and authorising audits of assessments including at importer or exporter premises. It standardises refund limitation to one year, simplifies recovery and interest provisions, makes liabilities a first charge on property (subject to stated exceptions), permits electronic filing of import/export entries with alternatives, and empowers the Board to set monetary limits and directions for Commissioners' appeals, with specified retrospective effect. Act-Rules Bills Mon, 07 Mar 2011 12:45:33 +0530 https://www.taxtmi.com/acts?id=12117