Finalization of provisional assessment: - CBEC's Customs Manual 2023 - Customs

3. Finalization of provisional assessment: 3.1 The assessments should be finalized expeditiously. Customs (Finalisation of Provisional Assessment) Regulations, 2018 , have been notified on 14.8.2018 to prescribe the timelines and manner for finalization of provisional assessments. However, in cases involving project imports, assessments should be finalized as per Project Import Regulations, 1986 as amended. [Refer Clarification issued vide F. No. 353/91/74-Cus dated 28.01.1977; Instructions F.No.511/7/77-Cus.VI, dated 9-I-1978; Project Import Regulations, 1986 ; Circular No.38/2016 dated 22.08.2016 as amended by Circular 42/2020 dated 29-09-2020 and Circular 19/2021 dated 16-08-2021 ; Customs (Finalisation of Provisional Assessment) Regulations, 2018 ; [ Customs (Provisional Duty Assessment) Regulations, 2011 , rescinded by Notification No. 113/2016-Cus (N.T.) dated 22.08.2016 ]