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<h1>Finance Ministry Circular: New Procedures for SVB Handling Valuation Cases at Custom Houses; Focus on Timely Investigations.</h1> The circular issued by the Ministry of Finance, Department of Revenue, addresses the procedures and instructions for handling valuation cases by the Special Valuation Branch (SVB) of Custom Houses. The SVB, located in Chennai, Calcutta, Delhi, and Mumbai, specializes in investigating transactions involving special relationships affecting the value of imported goods. The circular outlines the process for referring cases to the SVB, criteria for investigation, and the role of the Commissioner of Customs in approving such referrals. It also emphasizes the need for coordination among SVBs, timely submission of information by importers, and the importance of completing investigations within four months. Additionally, it details the questionnaire and documents required from importers related to foreign suppliers.