Customs - Functional control of Special Valuation Branches
AT present Special Valuation Branches (SVB)are located in the Customs Commissionerates of Mumbai, New Delhi, Chennai, Kolkata and Bangalore and are functioning under the administrative control of the respective Commissioners of Customs.
Now CBEC has decided to vest the Directorate General of Valuation (DGOV) with functional control over the SVBs. Consequently, the present existing SVB sections with their existing staff will henceforth function under the supervisory control of the DGOV. The Board has also decided that the officers posted in SVBs shall not be given any additional responsibilities and they shall exclusively handle work relating to SVB investigations and related issues. The office of the DGOV shall closely monitor the pendency of the SVBs, approve the initiation of SVB inquiries, and supervise the investigations. Furthermore, the Board has desired that the DGOV continuously edeavour for qualitative improvement of SVB investigations/orders.
It is envisaged that on completion of investigation in a case, the proper officer in SVB will issue an order for determination of value under Section 14 of the Customs Act, 1962. The order will be sent to the importer concerned and the Custom House that had referred the case and to DGOV.
This Scheme is to take effect from 01.01.2013
Circular No. , Dated: December 7, 2012