https://www.taxtmi.com/article/detailed?id=15116 CBIC's 2025 regulations convert provisional assessments into a structured, time-bound process with a two-year cap (plus a possible recorded one-year extension), detailed timelines for notifications, submissions, and enquiries, a three-month core finalisation window, and reset rules for legacy cases from March 29, 2025. The regime governs voluntary payments, interest treatment, refunds, bond and security closures, and recovery mechanisms, requires speaking orders where final assessments vary from provisional ones, and mandates written explanations when exceptions suspend timelines. en-us Mon, 22 Sep 2025 08:34:28 +0530 Mon, 22 Sep 2025 08:34:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15116 CBIC's 2025 regulations convert provisional assessments into a structured, time-bound process with a two-year cap (plus a possible recorded one-year extension), detailed timelines for notifications, submissions, and enquiries, a three-month core finalisation window, and reset rules for legacy cases from March 29, 2025. The regime governs voluntary payments, interest treatment, refunds, bond and security closures, and recovery mechanisms, requires speaking orders where final assessments vary from provisional ones, and mandates written explanations when exceptions suspend timelines. Articles Customs - Import - Export - SEZ Mon, 22 Sep 2025 08:34:28 +0530 https://www.taxtmi.com/article/detailed?id=15116