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Procedure for renewal of SVB orders and ongoing SVB inquiries under circular no. 11/2001 - Cus dated 23rd February 2001

Customs - 04/2016 - Dated:- 9-2-2016 - CIRCULAR NO 4 /2016-Customs [F. No. 465/12/2010-Cus V] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS New Delhi, dated 9th February, 2016 Sub: - reg. The Board has comprehensively revised instructions for the examination of related party transactions and those involving royalty, licence fee etc. vide circular no. 5/2016 dated 9th February 2016. In view thereof, the Board has decided that the following proce .....

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st 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 acknowledged receipt of the declaration. 2.2 The SVBs shall promptly scrutinize the declarations and in cases where the importer files declaration in Annexure 1, the process of renewal would be treated as dispensed with. The SVB shall immediately inform the Custom stations where provisional assessments have re-sta .....

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), the SVB inquiries shall be initiated in terms of the procedure stated in circular 5/2016 dated 9th February 2016 by serving upon the importer questionnaires at Annexure A and Annexure B. If EDD is being obtained in such cases, the same shall be reviewed and the sequence provided in para 3.2 of the circular no. 5/2016 dated 9th February 2016 shall be followed. Pending SVB Investigations 4. All pending SVB investigations (other than renewal cases), where Extra Duty Deposit is being obtained are .....

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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 deputed to complete pending investigations. Pendency should be brought down by 10% in each .....

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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__________ (ii) We have made an application for renewal of SVB orders on __________ (date) to_____________ (customs House) (iii) During the period___________ (date of issue of order) to ______________ (date of declaration), (a) there are no changes in the circumstances surrounding the sale of the goods between us and our .....

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