https://www.taxtmi.com/article/detailed?id=16304 Provisional assessment under the Customs Act, 1962 is an interim mechanism used when the proper officer cannot complete assessment because information, documents, test results, valuation material, or classification details are incomplete. It may be initiated by the importer or exporter or directed by the proper officer, and is supported by a bond and security. Final assessment later supersedes the provisional figure, fixes the actual duty liability, and allows adjustment for excess payment or shortfall. en-us Wed, 29 Apr 2026 08:25:25 +0530 Wed, 29 Apr 2026 08:25:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16304 Provisional assessment under the Customs Act, 1962 is an interim mechanism used when the proper officer cannot complete assessment because information, documents, test results, valuation material, or classification details are incomplete. It may be initiated by the importer or exporter or directed by the proper officer, and is supported by a bond and security. Final assessment later supersedes the provisional figure, fixes the actual duty liability, and allows adjustment for excess payment or shortfall. Articles Customs - Import - Export - SEZ Wed, 29 Apr 2026 08:25:25 +0530 https://www.taxtmi.com/article/detailed?id=16304