https://www.taxtmi.com/caselaws?id=431872 Circular No. 5/2016-Customs is described as governing SVB investigations only until the report is submitted, with its security-free or limited-security framework confined to the inquiry stage. After the SVB findings are received and show-cause notice is issued, the matter is said to move into the general provisional assessment regime under Section 18(1) of the Customs Act, 1962. At that stage, the proper officer may require security for the differential duty, including bank guarantee, under the provisional assessment guidelines. Circular No. 38/2016-Customs is noted as preserving this distinction and supporting insistence on security post-investigation. en-us Tue, 20 Dec 2022 00:00:00 +0530 Fri, 23 Dec 2022 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431872 Circular No. 5/2016-Customs is described as governing SVB investigations only until the report is submitted, with its security-free or limited-security framework confined to the inquiry stage. After the SVB findings are received and show-cause notice is issued, the matter is said to move into the general provisional assessment regime under Section 18(1) of the Customs Act, 1962. At that stage, the proper officer may require security for the differential duty, including bank guarantee, under the provisional assessment guidelines. Circular No. 38/2016-Customs is noted as preserving this distinction and supporting insistence on security post-investigation. Case-Laws Customs Tue, 20 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431872