https://www.taxtmi.com/article/detailed?id=6693 Revised SVB procedures establish a four-stage valuation process-selection, referral, investigation and finalisation-requiring importers to provide prescribed questionnaire information at bill of entry and enabling customs officers to determine provisional clearance or SVB referral on a prima facie basis. The circulars set out exclusions, permit certain non-related-party referrals, change renewal and validity rules for SVB findings, adjust security mechanics so required deposits cease upon timely submission of information, and mandate a structured Investigation Report with defined timelines and limited extension authority. en-us Thu, 18 Feb 2016 09:47:35 +0530 Thu, 18 Feb 2016 09:47:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6693 Revised SVB procedures establish a four-stage valuation process-selection, referral, investigation and finalisation-requiring importers to provide prescribed questionnaire information at bill of entry and enabling customs officers to determine provisional clearance or SVB referral on a prima facie basis. The circulars set out exclusions, permit certain non-related-party referrals, change renewal and validity rules for SVB findings, adjust security mechanics so required deposits cease upon timely submission of information, and mandate a structured Investigation Report with defined timelines and limited extension authority. Articles Customs - Import - Export - SEZ Thu, 18 Feb 2016 09:47:35 +0530 https://www.taxtmi.com/article/detailed?id=6693