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). However, criticizers argue that Indian Customs system is not satisfactory in turn anonymity.
Delay in receiving questionnaire
Once after declaring as related party with Special Valuation Branch by CHA of importer, the concerned customs department of SVB Branch has to issue questionnaire to importer and the reply is mandatory within 30 days. Here, the delay in receiving questionnaire is menace, according to importers, as till such time, all imports from related party would be subject to 1 % Extra Duty Deposit (EDD) of the declared import value and 5% thereafter on default of obtaining Special Valuation Branch order.
Inefficiency of Indian Customs Department
The officials in charge of imports and exports represented on behalf of multinational companies complain about the inefficiency of Indian customs department on exorbitant delay in processing Special Valuation Branch files in turn loss of revenue in all means.
Feeling harassment and nuisance value of Indian Customs with red tap files
The representatives of Importers or exporters who are related parties required to be registered with Special Valuation Branch are not fully happy with Indian Customs Department SVB cell on approach adopted to importers/exporters , as some of the feel harassments and nuisance.
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 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
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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