https://www.taxtmi.com/article/detailed?id=1185 Importers and exporters must self-assess customs duties on electronic entries; proper officers may verify, examine or test goods and require production of documents. If verification shows incorrect self-assessment, the officer may re-assess and must pass a speaking order within fifteen days where re-assessment conflicts with the trader's valuation, classification, exemption or concession claims unless accepted in writing. Where re-assessment or speaking orders are absent, officers may audit assessments. Provisional assessment may be directed in specified circumstances, subject to security for any deficiency between provisional and final assessment. en-us Fri, 04 Mar 2011 18:04:51 +0530 Fri, 04 Mar 2011 18:04:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1185 Importers and exporters must self-assess customs duties on electronic entries; proper officers may verify, examine or test goods and require production of documents. If verification shows incorrect self-assessment, the officer may re-assess and must pass a speaking order within fifteen days where re-assessment conflicts with the trader's valuation, classification, exemption or concession claims unless accepted in writing. Where re-assessment or speaking orders are absent, officers may audit assessments. Provisional assessment may be directed in specified circumstances, subject to security for any deficiency between provisional and final assessment. Articles Customs - Import - Export - SEZ Fri, 04 Mar 2011 18:04:51 +0530 https://www.taxtmi.com/article/detailed?id=1185