How to register with SVB?

 

 Update on 06th February, 2016 

 

How to register with SVB?

 

 

Processing Method of Special Valuation Branch (SVB

 

 

 

This post is one of the series of posts explaining in detail about  Special Valuation Branch. I have tried to include maximum information about Special Valuation Branch (SVB) in these articles in simple language. Hope, these articles suffice you to get complete information about  Special Valuation Branch of Indian Customs department.

 

This post explains about the procedures and formalities of processing Special Valuation Branch (SVB) cases.

 

All those importers who are having relationship with the suppliers or those who are having Technical Collaboration, etc., shall furnish a declaration about the relationship in the WTO declaration form at the time of filing of Bill of Entry in the Appraising Group.  On examination of the circumstances of sale and the invoice value of identical or similar goods, the group will make a reference to Special Valuation Branch for further investigation of influence of relationship on assessable value.  If the importer is able to furnish evidence of the transaction value of identical or similar goods in respect of sales to unrelated buyers in India at the same price, then there is no need for any reference to Special Valuation Branch and the Bill of Entry will be assessed finally based on those contemporaneous import values. If there are no contemporaneous imports, and there is no way to compare the values at the time of assessment of the Bill of Entry, then a reference is made to Special Valuation Branch. This reference is to be done with the prior approval of the Commissioner of Customs.  If the importer can substantiate with documentary evidence that his invoice price is not influenced because of the relationship, there is no need for any reference to Special Valuation Branch.

calculation

No application or representation to the  Special Valuation Branch directly by the importers will be considered.  All references shall be made through the Appraising Groups at the time of filing of the Bill of Entry.

 

This post is one of the series of posts explaining in detail about Special Valuation Branch (SVB). I have tried to include maximum information about Special Valuation Branch (SVB) in these articles in simple language. Hope, these articles suffice your needs to get complete information about Special Valuation Branch of Indian Customs department.

 

The above post explains about the procedures and formalities of processing  Special Valuation Branch cases.

You may share your views aboutSpecial Valuation Branch below.

 

Special Valuation Branch, A simple tutorial


List of Documents required to be submitted in case of subsidiaries,collaboration agreement etc.
List of documents required to be submitted in case of sole agents, sole distributer etc under SVB.   
Questionnaire under Special Valuation Branch   
Method of customs valuation under Special Valuation Branch SVB   
Transaction value under Special Valuation Branch (SVB)   
Procedure for Renewal of SVB (Special Valuation Branch) order   
Criticism against Special Valuation Branch of Indian Customs   
Special Valuation Branch – Frequently Asked Questions   
Finalization of Special Valuation Branch (SVB) cases   
Customs procedures on Special Valuation Branch (SVB)   
Documents required to be submitted to SVB  

Not registered with SVB, What are the procedures?   
Who should register with SVB (Special Valuation Branch)   
Appeal on the orders of SVB    What is Section 14(1) of Indian Customs Act, 1962?   
Organizational Structure of Special Valuation Branch   
No EDD charges under SVB for EOUs/SEZs  
What is Rule 10 of Customs Valuation (Imports) explained?   
What is Rule 3(2) of the Customs Valuation (Determination of Value of Export Goods) Rules, 2007?   
What are the measuring rods included in Transaction value of imported goods?   
Rule 2(2) of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007   
Rule 2(1) of the Customs Valuation (Determination of Value of Export Goods) Rules, 2007   
Guidelines to Special Valuation Branch (SVB) as per Circular No. 11/2001-Cus., dated 23-2-2001 Indian Customs   
The format of PD Bond for Special Valuation Branch    
Circular No 50 dt 29th January 2009

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Comments


J.Keswani: I am Jitendra Keswani working in private organisation.I wanted to start a Exp/Imp Business but I don't have much knowledge about the business. I want more information regarding buyers/seller, how to contact them or how to get the clients ,what commodity i should opt for import/ export.I request you to please help me out for the following issues so i can start my business and run it smoothly.

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