What is the validity of an SVB order?

The validity of an SVB order typically extends to 3 years from the date of its issuance. During this period, the customs authorities will apply the determined transaction value to all subsequent imports of the same goods from the same supplier under similar conditions.

This means that until the order expires, there is a presumption that the pricing arrangement between the related parties has remained constant, and the customs authorities need not reassess the transactions repeatedly. Importers can therefore clear their goods smoothly, without having to undergo a fresh inquiry each time, provided there is no change in material facts or pricing policy.

However, if circumstances change — for example, a revision in pricing policy, a change in supplier, or a modification in the terms of the transaction — the importer is under an obligation to promptly notify customs. The Special Valuation Branch may then reassess or revise its order to reflect these changed conditions. Furthermore, upon the expiration of the 3-year validity, the importer may be required to apply for renewal or submit documents for a fresh SVB inquiry if related-party transactions continue under the same conditions.