Customs Act, 1962 — Chapter V: Levy of, and Exemption from, Customs Duties
17. Assessment of duty
- An importer entering goods under section 46, or an exporter entering goods under section 50, shall, save as otherwise provided in section 85, self-assess the duty leviable on such goods.
- The proper officer may verify the entries and self-assessment, and for this purpose examine or test the goods. Proviso: selection of cases for verification shall primarily be on the basis of risk evaluation through appropriate selection criteria.
- For the purposes of verification, the proper officer may require the importer, exporter or any other person to produce documents or information by which duty leviable can be ascertained, and such person shall comply.
- Where verification, examination or testing shows self-assessment was incorrect, the proper officer may re-assess the duty leviable.
- Where a re-assessment under sub-section (4) is contrary to the self-assessment and the importer/exporter has not accepted it in writing, the proper officer shall pass a speaking order within fifteen days of re-assessment of the bill of entry or shipping bill.
Explanation: Imports/exports entered before the Finance Bill, 2011 received Presidential assent continue to be governed by section 17 as it stood before that assent.
