Endorsement on bill of entry amount to raising demand under customs law and not mere a provisional assessment

Brief of the case:

The Hon’ble Supreme Court in the case of M/s Swastika Enterprise held that the endorsement on the bill of entry to pay additional customs duty is a demand and not mere a provisional assessment. Thus, the duty payable due to such endorsement can be settled as settlement of demand under indirect taxes demand settlement scheme.

Facts of the case:

• The assessee imported old ships and filed a bill

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