importer to establish before the Special Valuation Branch (SVB), who analysed the invoice value with the international price with a view to determine whether there ... thus, no extra levy is imposed. On receipt of the order from SVB, the importer can claim refund of the extra import duty already paid
account of Custom Duty deposited with
Special Valuation Branch (SVB) loading, which has been deleted by the
learned CIT(A).
21. The assessee ... stated that it has not deposited
any amount as SVB loading during the relevant year.
22. On an appeal, the learned CIT(A) directed
page 659 of Volume - I of Paper Book, he submitted that
SVB order evidencing the arm's length nature of import of goods
charged the
assessee with under invoicing the goods but later on SVB (Special
Valuation Bench) cleared the assessee of such charges and ordered
refund
Customs Valuation (Determination of value of
imported goods) Rules vide SVB order no. F.N. SVB/CUS/103/2015 dated
17.6.2016.
2.3 That the learned
said items are
required to be certified by Special Valuation Branch (SVB). These instructions
mandate that an additional customs charge in the form of Extra ... that the Appellant has in fact received a favorable
order from the SVB wherein the declared price has been accepted and the
refunds
said items are
required to be certified by Special Valuation Branch (SVB). These instructions
mandate that an additional customs charge in the form of Extra ... that the Appellant has in fact received a favorable
order from the SVB wherein the declared price has been accepted and the
refunds
3472/Del/2010
advances, which represented the amount of 1% SVB (Special Valuation
Branch) loading of customs duty which Customs Department charged due
to import
kinds of duty and taxes in custom like (BCD, CVD,
SAD, SVB, Cess etc) and every tax has its own assessable value. We
have assessable
evidence in the form of certificates, pricing policy
documents, Special Valuation Branch (SVB) order, bench marking analysis
and sample copies of invoices and bill
