When an Indian importer purchases goods from a foreign entity with which it has a relationship, Customs authorities may need to examine whether that relationship has influenced the declared import price. This is where the Special Valuation Branch (SVB) plays an important role. SVB is a specialised Customs mechanism for examining related-party import transactions and other situations that may affect the assessable value of imported goods. The framework operates under the Custo

Importers dealing with international trade often come across valuation scrutiny by customs authorities. One such important process is handled by the Special Valuation Branch, commonly known as SVB Customs. If there is any relationship between the importer and exporter or related party transactions, customs may require proper valuation verification through SVB Registration. This blog explains how to get an SVB Registration Certificate for customs clearance, its process, docume

International trade businesses must adhere to Customs regulations. This is especially true when they deal with transactions involving...