https://www.taxtmi.com/article/detailed?id=16282 Provisional assessment under Section 18 of the Customs Act, 1962 permits clearance of imported or exported goods on a provisional basis where final duty liability cannot immediately be determined because documents or information are pending, verification is incomplete, or technical examination or testing is required. The importer or exporter must execute a provisional duty bond, comply with requisitions for documents within prescribed timelines, and pay any differential duty after final assessment. Finalisation must be completed within the statutory time limits, and a speaking order is required where the final assessment differs from the provisional assessment. en-us Sat, 25 Apr 2026 16:29:35 +0530 Sat, 25 Apr 2026 16:29:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16282 Provisional assessment under Section 18 of the Customs Act, 1962 permits clearance of imported or exported goods on a provisional basis where final duty liability cannot immediately be determined because documents or information are pending, verification is incomplete, or technical examination or testing is required. The importer or exporter must execute a provisional duty bond, comply with requisitions for documents within prescribed timelines, and pay any differential duty after final assessment. Finalisation must be completed within the statutory time limits, and a speaking order is required where the final assessment differs from the provisional assessment. Articles Customs - Import - Export - SEZ Sat, 25 Apr 2026 16:29:35 +0530 https://www.taxtmi.com/article/detailed?id=16282