https://www.taxtmi.com/circulars?id=6573 RT 12 returns must be assessed finally or by the formal provisional assessment procedure under Rule 9B read with Rules 173B(2A)/173C(6); assessments cannot be made merely subject to approval of Classification Lists/Price Lists or pending test results. Assistant Collectors must pursue approval of Classification and Price Lists promptly, and where approval cannot be completed must issue specific provisional assessment orders stating grounds, provisional rate or value, differential duty for bond, and required security, and notify the assessee and Valuation Cell; responsibility for revenue loss due to delay rests with the Assistant Collector. en-us Fri, 25 May 1990 00:00:00 +0530 Sat, 04 Jul 2009 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6573 RT 12 returns must be assessed finally or by the formal provisional assessment procedure under Rule 9B read with Rules 173B(2A)/173C(6); assessments cannot be made merely subject to approval of Classification Lists/Price Lists or pending test results. Assistant Collectors must pursue approval of Classification and Price Lists promptly, and where approval cannot be completed must issue specific provisional assessment orders stating grounds, provisional rate or value, differential duty for bond, and required security, and notify the assessee and Valuation Cell; responsibility for revenue loss due to delay rests with the Assistant Collector. Circulars Central Excise Fri, 25 May 1990 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6573