Why is SVB Registration required?

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 or overvaluation of goods. To ensure the integrity of customs valuation and prevent revenue loss to the government, the Special Valuation Branch (SVB) is tasked with examining such transactions in detail.

The purpose of SVB registration is to assess whether the price declared by the importer reflects the true arm’s length value. Importers must submit detailed documentation such as commercial agreements, invoices, past import records, and pricing terms to establish transparency in the valuation process. This helps customs authorities verify if any special pricing, discounts, or compensations are being offered due to the relationship.

Once approved, the SVB order remains valid for three years, facilitating faster clearance of subsequent shipments from the same supplier without repeated valuation scrutiny. For businesses involved in cross-border trade, SVB registration ensures smoother customs processing, minimizes compliance risks, and reinforces credibility with regulatory authorities, making it a critical step in import-export compliance.


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Very prompt and reliable service by Rahul Kolge and his team. Exceptional and happy experience.
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Had a really good experience with JParks India. Rahul sir helped me a lot with my import work and were always active and responsive. Whatever documents or guidance was needed, they handled everything smoothly and explained things clearly. Felt stress-free throughout the process. Very helpful team, definitely recommend them if you’re doing import or export.
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Very nice people, get the work done in a very short time.
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Excellent & Prompt services in all Import Export matters. Great to work with you
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It was a great experience having work with you.
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"Outstanding professiona services, efficient, and gets things done incredibly fast. Highly recommended for anyone needing reliable and prompt assistance
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excellent service
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JParks Team is Super helpful! Thanks to Rahul and team!
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Good and personal service for import export code
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Maheshwar
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Had a really good experience with JParks India. Rahul sir helped me a lot with my import work and were always active and responsive. Whatever documents or guidance was needed, they handled everything smoothly and explained things clearly. Felt stress-free throughout the process. Very helpful team, definitely recommend them if you’re doing import or export.
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