Articles under SVB

A complete guideline about Special Valuation Branch (SVB)

      Update on 06th February, 2016: Click here:  svb procedures.pdf     A complete guideline about Special Valuation Branch (SVB)   Update on 06th February, 2016   svb procedures.pdf How to register with SVB?    LIST OF DOCUMENTS REQUIRED TO BE SUBMITTED IN CASE OF SUBSIDIARIES,COLLABORATION AGREEMENT etc    LIST OF DOCUMENTS REQUIRED TO BE SUBMITTED IN C

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Who should register with SVB (Special Valuation Branch)

      Update on 06th February, 2016: Click here:  svb procedures.pdf     Who should register with SVB (Special Valuation Branch)     Parties fall under Special Valuation Branch (SVB)   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 languag

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Not registered with SVB, What are the procedures?

    Update on 06th February, 2016: Click here:  svb procedures.pdf       Not registered with SVB, What are the procedures?     We have started export import transaction with another firm which related and falls under Special Valuation Branch registration. But we have imported goods without registration. What are the procedures?   //   In case a related party is not registered wit

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Documents required to be submitted to SVB

      Update on 06th February, 2016: Click here:  svb procedures.pdf     Documents required to be submitted to SVB     How to reply to questionnaire 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 in these articles in sim

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Customs procedures on Special Valuation Branch (SVB)

      Update on 06th February, 2016: Click here:  svb procedures.pdf       Customs procedures on Special Valuation Branch (SVB)         Procedures and formalities to register with SVB (special valuation branch)     This post is one of the series of posts explaining in detail about   Special Valuation Branch . I have tried to include maximum information about   Spec

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Finalization of Special Valuation Branch (SVB) cases

     Update on 06th February, 2016: Click here:  svb procedures.pdf   Finalization of Special Valuation Branch (SVB) cases   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

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Procedure for Renewal of SVB (Special Valuation Branch) order

      Update on 06th February, 2016: Click here:  svb procedures.pdf     Procedure for Renewal of SVB (Special Valuation Branch) order     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 info

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Transaction value under Special Valuation Branch (SVB)

    Update on 06th February, 2016: Click here:  svb procedures.pdf     Transaction value under 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  

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Method of customs valuation under Special Valuation Branch SVB

      Update on 06th February, 2016: Click here:  svb procedures.pdf     Method of customs valuation under 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 &

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Special Valuation Branch – Frequently Asked Questions

  Special Valuation Branch – Frequently Asked Questions     What is SVB (Special Valuation Branch)?     The   Special Valuation Branch  is a unit of Customs department formation, who specialized in investigating the transactions between the importer and supplier including special features like Technical collaboration between parties, joint ventures etc. Click here to read    Special Valuation Branch, A simple t

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Guidelines to Special Valuation Branch (SVB) as per Circular No. 11/2001-Cus., dated 23-2-2001 Indian Customs

    Update on 06th February, 2016: Click here:  svb procedures.pdf     Guidelines to Special Valuation Branch (SVB) as per Circular No. 11/2001-Cus., dated 23-2-2001 Indian Customs   Circular No. 11/2001-Cus., dated 23-2-2001 F.NO.467/32/2000-Custom.V Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs   //     Sub : Valuation (Customs) &nda

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Questionnaire under Special Valuation Branch

    QUESTIONNAIRE under Special Valuation Branch   ANNEXURE A under Special Valuation Branch (SVB)   The following information is about the details of questionnaire by Special Valuation Branch . The importer or exporter who is related each other has to fill the following questionnaire and submit with   Special Valuation Branch  along with other documents specified under Annexure B or Annexure C whichever is applicable.   Quest

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LIST OF DOCUMENTS REQUIRED TO BE SUBMITTED IN CASE OF SOLE AGENTS,SOLE DISTRIBUTORS etc under SVB

    Update on 06th February, 2016: Click here:  svb procedures.pdf     ANNEXURE – B   LIST OF DOCUMENTS REQUIRED TO BE SUBMITTED IN CASE OF SOLE AGENTS/SOLE DISTRIBUTION/SOLE CONCESSIONAIRE   Sl.No.    Document to be submitted 1    Agency agreements of the importer with any person 2    Specimen copies of the import invoices and Bills of Entry 3    Specim

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SVB, LIST OF DOCUMENTS REQUIRED TO BE SUBMITTED IN CASE OF SUBSIDIARIES,COLLABORATION AGREEMENT etc

      Update on 06th February, 2016: Click here:  svb procedures.pdf     ANNEXURE – C       LIST OF DOCUMENTS REQUIRED TO BE SUBMITTED IN CASE OF SUBSIDIARIES/HOLDING COMPANIES ANDTHOSE WHO HAVE COLLABORATION AGREEMENT OR SIMILAR AGREEMENTS     Sl.No.    Document to be submitted 1    Collaboration agreement, Joint Venture Agreement and other agreements

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Appeal on the orders of SVB

      Update on 06th February, 2016: Click here:  svb procedures.pdf   Appeal on the orders of 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 Valuatio

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Circular No 50 dt 29th January 2009

    Circular No 50 dt 29th January 2009     EXPORT PROMOTION COUNCIL FOR EOUs & SEZs (Ministry of Commerce & Industry, Govt. of India) 705, Bhikaji Cama Bhawan, Bhikaji Cama Place, New Delhi 110066 Tel : 26167042, 26165805 Fax : 26165538, Email : epces@vsnl.net L.B. Singhal Director General EPCES CIRCULAR NO. 50 DATED 19-1-2009 Sub : Chief Commissioner of Customs, Mumbai, issues directions to discontinue practice of asking for 1% RD

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Criticism against Special Valuation Branch of Indian Customs

    Criticism against Special Valuation Branch of Indian Customs       Lack of outstanding (anonymity) of Indian Customs officials. India is presently following the provisions of the WTO Agreement on Customs Valuation (ACV) for determination of value on imported goods where Customs duty is levied with reference to value (ad-valorem rates). However, this does not apply to cases where tariff values have been fixed (see legal provisions below)

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How to register with SVB?

    Update on 06th February, 2016   svb procedures.pdf     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. H

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No EDD charges under SVB for EOUs/SEZs

    No EDD charges under SVB for EOUs/SEZs       1%EDD shall not be insisted upon in respect of imports/exports made by EOUs/SEZs in terms of EPCES Circular No.50 dated 19-01-2009 issued by the Export Promotion Council for EOUs and SEZs, New Delhi. The details of circular is given here:     This post is one of the series of posts explaining in detail about   Special Valuation Branch . I have tried to includ

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Organizational Structure of Special Valuation Branch

  Organizational Structure of Special Valuation Branch     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  in these articles in simple language. Hope, these articles suffice you to get complete information about Special Valuation Branch of Indian Customs department.       In this article, the organ

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The format of PD Bond for Special Valuation Branch

  The format of PD Bond for Special Valuation BranchThe format of PD Bond for Special Valuation Branch is given under:     To Be Printed on   STAMP PAPER FOR Rs.100   P.D.BOND ( Special Valuation Branch )   THE ASSISTANT COMMISSIONER OF CUSTOMS Know all men by these presents that we M/s _______________________hereinafter called the ‘IMPORTER’ (which expression shall include its successors, heirs, executors, admini

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Rule 2(1) of the Customs Valuation (Determination of Value of Export Goods) Rules, 2007

  Rule 2(1) of the Customs Valuation (Determination of Value of Export Goods) Rules, 2007     What is Rule 2(1) and Rule 2(2) of Indian Customs Valuation?   Customs Valuation (Determination of Value of Export goods) Rule 2(1) of the Customs Valuation (Determination of Value of Export Goods) Rules, 2007     Rule 2(2) of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007  2. Definitions. - (1) In these

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Rule 2(2) of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007

      Rule 2(2) of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007     Rule 2(2) of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007 explains as below:   //   Rule 2 (2)    For the purpose of these rules, persons shall be deemed to be "related" only if -   (i)     they are officers or directors of one ano

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