https://www.taxtmi.com/caselaws?id=43505 Section 18 of the Customs Act permits provisional assessment where further inquiry is needed, but the security required must be justified by relevant material and the assessing officer's own discretion. Rule 2 of the Provisional Duty Assessment Regulations sets the security framework and cash-deposit ceiling, but does not make a bank guarantee mandatory in every case. Mere quotations were insufficient to support an inference of under-invoicing, and prior clearance of similar consignments on bond alone weakened the insistence on additional security. The provisional clearance condition was therefore confined to execution of a bond, while inquiry could continue if supported by proper material. en-us Wed, 12 May 1993 00:00:00 +0530 Fri, 18 Jun 2010 13:48:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43505 Section 18 of the Customs Act permits provisional assessment where further inquiry is needed, but the security required must be justified by relevant material and the assessing officer's own discretion. Rule 2 of the Provisional Duty Assessment Regulations sets the security framework and cash-deposit ceiling, but does not make a bank guarantee mandatory in every case. Mere quotations were insufficient to support an inference of under-invoicing, and prior clearance of similar consignments on bond alone weakened the insistence on additional security. The provisional clearance condition was therefore confined to execution of a bond, while inquiry could continue if supported by proper material. Case-Laws Customs Wed, 12 May 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43505