https://www.taxtmi.com/caselaws?id=390264 The Court allowed all petitions seeking to quash Show Cause Notices for finalizing provisionally assessed Bills of Entry beyond five years. The Court held that final assessment under Section 18 of the Customs Act cannot exceed five years from the Bill of Entry date, rejecting the Respondent's arguments for delay. Relying on a previous judgment, the Court concluded that the present cases aligned with precedent, thus annulling the impugned notices for final assessment in all instances. en-us Mon, 16 Dec 2019 00:00:00 +0530 Thu, 05 Nov 2020 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390264 The Court allowed all petitions seeking to quash Show Cause Notices for finalizing provisionally assessed Bills of Entry beyond five years. The Court held that final assessment under Section 18 of the Customs Act cannot exceed five years from the Bill of Entry date, rejecting the Respondent's arguments for delay. Relying on a previous judgment, the Court concluded that the present cases aligned with precedent, thus annulling the impugned notices for final assessment in all instances. Case-Laws Customs Mon, 16 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390264