Rajesh, an importer, cleared a shipment of electronic goods. After clearance, he realized that the duty paid was less than the actual due amount…
CA Final · Indirect Tax Laws · RTP · January 2026
Rajesh, an importer, cleared a shipment of electronic goods. After clearance, he realized that the duty paid was less than the actual due amount because of a clerical error in the entry filed. He wishes to revise the entry to correct this. However, recently, the customs department initiated an audit and informed Rajesh about it. Rajesh wishes to voluntarily revise the entry details at this stage. Which of the following statement(s) is most appropriate in this regard?
Suggested Answer and Working Notes:
Correct Answer: Option (C)
No, as revision of entry is not allowed once an audit or search action has been initiated and the importer has been intimated.
Topics: Customs: Importation and Exportation of Goods
Related Questions in this Topic
- Bharti Company imported goods valued at ₹ 10,00,000 vide a Bill of Entry presented before the proper officer on 15th Jul...
- What is the procedure of disposal of goods imported from place outside India mentioned under section 48 of the Customs A...
- With reference to customs law, state the mandatory documents required for (any two for each): (i) Export of goods (ii) I...
- Mr. Sujoy, an Indian entrepreneur, went to London to explore new business opportunities on 01.04.2025. His wife also joi...
- Mrs. Subhadra, an Indian resident (36 years old) who was on a visit to China, returned after 6 months. She was carrying ...