TMI BlogProcedure for renewal of SVB orders and ongoing SVB inquiries under circular no. 11/2001 - Cus dated 23rd February 2001X X X X Extracts X X X X X X X X Extracts X X X X ..... iew thereof, the Board has decided that the following procedure shall be followed with respect to pending SVB cases initiated in terms of circular 1/98 - Cus dated 1.1.98 11/2001-Cus dated 23.2.2001 and those involving renewal of SVB orders. 2. In order to facilitate quick disposal of cases currently pending with SVBs for renewal, a system of one-time declaration is being provided. Importers, in respect of whom SVB orders are pending renewal, shall submit to the jurisdictional SVB, a declaration in the prescribed formats (Annexure 1 2) by 31st May 2016. 2.1 Each SVB shall maintain a consolidated record of such declarations and allot a reference no. to each declaration received. The SVB shall provide to the importer a duly ackn ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... equisitioned by the SVB, EDD shall be discontinued forthwith. This exercise shall be completed by 31st May 2016. 4.1 In cases, where EDD has been enhanced to 5%, due to the importer not having provided information or documents necessary for SVB inquiries, the Commissioner shall immediately take recourse to appropriate provisions under the Customs Act for obtaining the necessary documents for investigations and subsequently dispense with the EDD. 5. Chief Commissioners / Principal Commissioners /Commissioners having jurisdiction over the existing SVB at Bangalore, Chennai, Delhi, Kolkata, and Mumbai shall draw up an action plan for completing investigations in all pending cases,forthwith. Where required, additional officers may be depu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r any other payment made to the supplier of imported goods. (e) There are no post-import price adjustments with our supplier. The above statements are true and correct to the best of my knowledge. Company Seal (Signature of Authorised Representative)/ Director (Finance)/CFO Name: Designation: Tel no. / email: ANNEXURE - 2 (One time Declaration in lieu of pending renewal by SVB) (on the letterhead of the importer) To, Commisssioner of Customs Bengaluru, Chennai, Delhi, Kolkata, Mumbai (as applicable) I (Name of the person), (Designation) , of M/s (Name of Company) do hereby declare confirm that, - (i) This declaration is in relation to the SVB order (s) - in- original No.____ dated__ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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