https://www.taxtmi.com/circulars?id=68795 The Customs (Provisional Assessment) Regulations, 2025 impose a structured timetable and procedures for finalising provisional assessments under Section 18: a statutory outer limit with authority for extension on sufficient cause; a fourteen month requirement to obtain missing documents or complete enquiries and a target three month window to conclude assessment after receipt; option for importers/exporters to pre pay duty with interest; speaking orders and natural justice safeguards on finalisation; cancellation or re credit of bonds upon no dues; recovery from security for amounts that attain finality; and application to pending and project import cases. en-us Fri, 12 Sep 2025 00:00:00 +0530 Mon, 15 Sep 2025 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68795 The Customs (Provisional Assessment) Regulations, 2025 impose a structured timetable and procedures for finalising provisional assessments under Section 18: a statutory outer limit with authority for extension on sufficient cause; a fourteen month requirement to obtain missing documents or complete enquiries and a target three month window to conclude assessment after receipt; option for importers/exporters to pre pay duty with interest; speaking orders and natural justice safeguards on finalisation; cancellation or re credit of bonds upon no dues; recovery from security for amounts that attain finality; and application to pending and project import cases. Circulars Customs Fri, 12 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68795