https://www.taxtmi.com/circulars?id=54278 Importers with pending SVB order renewals must submit prescribed one time declarations; Annexure 1 declarations (no change in sale circumstances, contracts, related suppliers, royalty/license payments or post import adjustments) dispense with renewal and require SVBs to direct Customs formations to stop obtaining Extra Duty Deposit and finalize provisional assessments. Annexure 2 declarations, or any asserted changes, trigger SVB inquiries under the procedures and questionnaires of Circular 5/2016, with EDD arrangements reviewed per that circular. Commissioners must review pending EDD cases, use statutory powers to obtain documents where necessary, and implement action plans to reduce pendency within prescribed timelines. en-us Tue, 09 Feb 2016 00:00:00 +0530 Fri, 12 Feb 2016 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54278 Importers with pending SVB order renewals must submit prescribed one time declarations; Annexure 1 declarations (no change in sale circumstances, contracts, related suppliers, royalty/license payments or post import adjustments) dispense with renewal and require SVBs to direct Customs formations to stop obtaining Extra Duty Deposit and finalize provisional assessments. Annexure 2 declarations, or any asserted changes, trigger SVB inquiries under the procedures and questionnaires of Circular 5/2016, with EDD arrangements reviewed per that circular. Commissioners must review pending EDD cases, use statutory powers to obtain documents where necessary, and implement action plans to reduce pendency within prescribed timelines. Circulars Customs Tue, 09 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54278