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

International trade involves complex customs procedures, especially when goods are imported between related parties. In such transactions, determining the correct assessable value of imported goods is important to ensure proper customs duty assessment. The Special Valuation Branch (SVB) is a dedicated customs mechanism in India that examines transactions involving related parties or special relationships between importers and foreign suppliers. Businesses involved in related-