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Customs Finalisation Regulations, 2025- Efficiency At The Cost Of Accuracy?
['Anubhuti Raje', 'Devendra Verma']
Supreme Court - High Court - Legal Breaking News | Live Law India
On 12 September 2025, CBIC implemented the Customs (Finalisation of Provisional Assessments) Regulations, 2025 (hereinafter “the 2025 Regulations”) by Notification No.
Keywords- Customs Finalisation 2025, Provisional Assessment, SVB Enquiries, CBIC Notification 55/2025, Valuation Disputes.
The 2025 Regulations gives effect to the amendment.
The 2025 Regulations will not insulate mechanical finalisations from judicial review.
The Customs (Finalisation of Provisional Assessments) Regulations, 2025 are a doctrinally significant attempt to correct delay and uncertainty in provisional assessments.