https://www.taxtmi.com/caselaws?id=270723 Self-assessment and reassessment under the Customs Act were discussed in the context of revenue protection measures, including insistence on a bank guarantee pending assessment and the treatment of a certificate of origin for concessional duty under the Malaysia-India trade agreement. The Court did not decide the merits of the customs challenge or the correctness of the bank guarantee demand; instead, it treated the writ petition as premature for non-exhaustion of statutory remedies and exercised supervisory control by directing the petitioner to submit a fresh representation within one week and the authorities to pass a reasoned order within two weeks thereafter. en-us Tue, 18 Aug 2015 00:00:00 +0530 Thu, 14 Jan 2016 11:51:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270723 Self-assessment and reassessment under the Customs Act were discussed in the context of revenue protection measures, including insistence on a bank guarantee pending assessment and the treatment of a certificate of origin for concessional duty under the Malaysia-India trade agreement. The Court did not decide the merits of the customs challenge or the correctness of the bank guarantee demand; instead, it treated the writ petition as premature for non-exhaustion of statutory remedies and exercised supervisory control by directing the petitioner to submit a fresh representation within one week and the authorities to pass a reasoned order within two weeks thereafter. Case-Laws Customs Tue, 18 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270723