When businesses in India import goods from related foreign entities, customs authorities closely examine whether the declared value truly reflects the transaction. This is where the Special Valuation Branch (SVB)  plays a crucial role. The SVB mechanism ensures that imports between related parties are priced fairly and in line with customs valuation rules. What is the Special Valuation Branch? The Special Valuation Branch  is a specialized department of Indian Customs that

Accurate valuation is crucial for a fair assessment of customs duties in international trade. It is possible that goods imported by related parties may not have the same value as the transaction declared. To ensure transparency and compliance, the Special Valuation Branch is crucial in dealing with related-party transactions. What does the Special Valuation Branch do? Special Valuation Branch , a unit within the Indian Customs Department, examines how relationships affect th