Why is SVB Registration required?
SVB registration is essential for importers who deal with related foreign suppliers, as mandated under Rule 2(2) of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007. When the buyer and seller are related, there is a possibility that the declared transaction value may be influenced by that relationship, potentially leading to undervaluation […]
How to get a SVB Certificate?
Obtaining a Special Valuation Branch (SVB) certificate is a crucial compliance requirement for importers who transact with related foreign entities. Under Indian Customs Valuation Rules, specifically Rule 2(2) of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007, such transactions are subject to special scrutiny to ensure that the declared transaction value is […]
What is an SVB Order in Customs?
An SVB order in customs refers to an order issued by the Special Valuation Branch (SVB) of Indian Customs. The SVB is a specialized unit that investigates and examines transactions involving imports between related parties—such as parent companies and subsidiaries, joint ventures, or affiliates. These transactions often require closer scrutiny to ensure that the declared […]
Everything YOU Need to Know About Special Valuation Branch: [Complete Guide]
Welcome to our complete guide on the Special Valuation Branch (SVB)! Whether you’re a business owner, importer, or aspiring customs professional, this article has got you covered. In the ever-changing world of international trade, understanding the role and significance of the SVB is essential. At JPARKS INDIA, we pride ourselves on demystifying complex customs procedures. […]
