Meaning of assessment :

In the context of the customs duty, the term assessment means quantification of the amount of duty payable. The process of assessment involves the following stages.

a. Determination of the quantity and total value of the consignment .

b. Determination of the proper tariff classification of the goods.

c. Determination of the appropriate rate of duty after considering the various exemptions, abatements, remissions.

d. Determining whether the goods are to be cleared for home consumption or to be deposited in the warehouse.