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SVB DETAILS

The valuation is as per the customs guidelines for which the governing provisions are:

  • Section 14 of the Custom Act 1962
  • Customs Valuation (Determination of Value of Imported Goods) Rules 2007
  • Customs Valuation (Determination of Value of Export Goods) Rules 2007

Primarily the declared transacted value is accepted as value of the goods (except in specific cases). However the customs may not accept the declared value based on various reasons such as:

  • Related party transactions
  • Significantly higher value of comparable identical/similar goods imported at or about the same time
  • Abnormal / specific and special discounts.
  • The mis-declaration/ non-declaration of specified parameters.

The export valuation rules have been introduced recently only and the implications on the supply chain and financial aspects of the business are not fully understood but it is advisable to carry out an analysis on the business transactions to avoid any compliance issues.

The solutions combined is one of the leading Special Valuation Branch Consultancy firms of Mumbai. With several years of experience in offering consulting, documentation, and representation with authorities for exporters, importers, and foreign exchange, we can help you regarding SVB Registeration. Our expertise and knowledge in the relevant business give us a business-oriented approach. SVB consultants in Mumbai. have made our name as a renowned SVB consultant in Mumbai by assisting our clients in successfully addressing ways. We work closely with our clients to achieve 100% satisfaction.

As SVB consultants we have a range of experience in the valuation techniques and ensure finalization SVB orders for our clients from respective customs and avoid penalties and delays. We deal with all types of cases involving related party transactions and a correct procedure to ensure our clients that everything is working in the right way.

As one of the renowned SVB consultants in Mumbai, we give advice and planning on custom procedures, documentation planning, documentation, and representation of SVB investigation related matters for MNC planning, documentation planning, SVB investigation, and other related issues.

Why should you register with Special Valuation Branch?

The special valuation branch is a branch of custom specializing in SVB investigation of transactions involving special relationships and certain categories of transactions having a bearing of the value of imported goods. A prima facie case exists for investigation by the SVB where the importer has to demonstrate that the price of imported goods has not influenced despite relationship. We have a competent team of SVB consultants who will assist you and give you comprehensive regarding Special valuation branch and related matters.

Importer can file an application for a further renewal of the Special valuation branch order if he continues imports over a period extending beyond three years. He has to file an application along with the necessary documents for at least 3 months before the completion of 3 years. After satisfying to all the required condition, special valuation branch order refund issued in the past will be renewed for a further 3 years. In the event, if you require any help regarding SVB registration, or renewal, you can contact us. Our SVB consultant in Mumbai is always available to help regarding import and export issues. Our SVB consultant in the Mumbai team provides complete consulting services for finalization of Special valuation branch orders from respective Custom authorities for eligible applicants.

Are you looking for an SVB consultant in Mumbai?

At solutions combined, we believe in continuous improvement. Our fast focused, and flexible team is readily available to respond to the clients' changing requirements. So, if you are looking for the reputed and renowned SVB consultants in Mumbai, your search ends here as an individual or team SVB consultant in Mumbai behave with great responsibility and value the time of the clients and their trust.

Solutions Combined the renowned SVB consultants in Mumbai:

We are a service provider offering an SVB consultantancy in Mumbai, India. We provide our SVB consultancy to traders, importers, and exporters who will follow the procedures and norms laid by the CBEC. As SVB consultants have numerous years of experience in the valuation techniques and maintain extensive documentation SVB investigation and guide our clients in the right way.

The assessment procedure to be followed by SVBs through issuance of Circular No.4/2016 ("Circular 4") and Circular No. 5/2016 ("Circular 5") effective February 9, 2016. Consequently, the 11/2001 dated 23 Feb. 2001 Circular stands repealed.

Section 14(1) proviso (i) of the Customs act 1962 mentions that authorities have to check (i) the circumstances in which the buyer and the seller shall be deemed to be related.

EXEMPTIONS FROM SVB:

SVB IS NOT APPLICABLE IN THE FOLLOWING CASES:
a) Import of samples and prototypes,
b) Exempted goods (where no duty is charged or charged at nil rates)
c) Second Hand Machinery
d) And goods whose value does not exceed INR 100,000 where the cumulative value of these transactions do not exceed INR 2500000/ in a FY.

However, SVB investigation is mandatory for transactions involving payments towards royalty and license fee or where proceeds of a subsequent resale, disposal or use of the imported goods accrue to the seller or if the condition of sale involves future payments to the buyer.

Important Links: Customs Valuation Rules
CIR 04/2016 DT. 09.02.2016
CIR 05/2016 DT.09.02.2016

Client Stories

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Thomas Anders

Founder & CEO

“ Thanks to this legal company, I got all my property back and got mytation restored. The team of professional Consultants will surely to this legal company, I got all my prsucceed in your Consultants will surely case too.”

Thomas Anders

Founder & CEO

“ Thanks to this legal company, I got all my property back and got mytation restored. The team of professional Consultants will surely to this legal company, I got all my prsucceed in your Consultants will surely case too.”

Thomas Anders

Founder & CEO