SVB in Customs: What Indian Importers and MSMEs Must Know About Related Party Transactions
SVB in Customs – The Special Valuation Branch (SVB) plays a significant role in verifying the value of imports in related party transactions. Related party transactions occur when the importer and foreign supplier have common ownership, control, or influence. MSMEs and importers must understand the SVB process to avoid disputes, penalties, and delays. At Madras […]