Special Valuation Branch (SVB) Consulting
Special Valuation Branch is a Branch of the Custom House, specializing in investigating the transactions involving relationship between the supplier and the importer and certain other special features like Technical Collaboration between the parties, etc. Special Valuation Branch examines the influence of relationship on the invoice value of the imported goods in respect of transactions between related parties. In respect of Technical Collaboration Agreements and Joint Venture Agreements, the terms and conditions of these agreements are examined to arrive at the conclusion, whether the existence of such agreement has influenced the invoice value of the imports.
Vincyte can assist you in the following for getting SVB Order/Renewal of SVB Order
Appearance in personal hearing before customs authorities
Determining appropriate Rule of the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007
Assistance in registration of case with customs authorities and provisional assessment of the imports
Drafting Support in preparation of documents required
Identifying the appropriate method to be used for determination of assessable value of the subject goods
Annual Submission to SVB Branch
Closure of PD Bonds with custom department
EDD refund consultancy
Assistance in preparation of reply to Questionnaire and necessary documentations and written submission
Scrutiny and analysis of documents for registration of case and giving opinion whether registration is required or not
Drafting and submission of reply to SVB questionnaire and other documents
Study of method of invoicing, possible effect of relationship on the invoice values
Obtaining SBV final order from custom department
Guidance related to Record maintenance
Assessment of Provisional Bill of Entry and Finalize it
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