Manner of finalisation of provisional assessment

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..... at the time of provisional assessment or after adjustment under clause (a) to sub-section (2) of section 18 of the Act , falls short of the duty finally assessed or re-assessed, as the case may be, and the importer or the exporter has not paid the deficiency, the shortfall shall be adjusted from the security, if any, obtained at the time of provisional assessment, under intimation to the import .....

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..... such finalisation from the importer or the exporter on record and inform the importer or exporter in writing of the date of such finalisation. (5) Where a Bill of Entry or Shipping Bill is presented electronically on the Customs Automated system and is ordered to be provisionally assessed, the proper officer shall finalise the provisional assessment on the system also consequent to the procedu .....

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