Amendment of section 18.

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....sionally", the following shall be substituted, namely:― "the proper officer may assess the duty leviable on such goods, provisionally,"; (b) in sub-section (1A), for the words "within such time and in such manner", the words "in such manner" shall be substituted; (c) after sub-section (1A), the following sub-sections shall be inserted, namely:-- "(1B) The proper offic....

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....e reason that-- (a) an information is being sought from an authority outside India through a legal process; or (b) an appeal in a similar matter of the same person or any other person is pending before the Appellate Tribunal or the High Court or the Supreme Court; or (c) an interim order of stay has been issued by the Appellate Tribunal or the High Court or the Supreme C....

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....rovide that the proper officer may provisionally assess the duty on goods. It is proposed to amend sub-section (1A) so as to remove reference to the time within which the proper officer shall finalise the provisional assessment. Sub-section (1B) seeks to provide time limit of two years for finalisation of the provisional assessment which shall be extendable by the Principal Commissioner of Customs....