TMI BlogIS SVB APPLICABLE ON HIGH SEAS SALES SHIPMENTX X X X Extracts X X X X X X X X Extracts X X X X ..... DEAR SIR/MADAM IS SVB ORDER APPLICABLE ON HIGH SEAS SALE SHIPMENT ? FOREIGN SUPPLIER ABC IMPORT IN INDIA TO HIS RELATED IMPORTER ABC . AND ABC HIGH SEAS SALE THIS SHIPMENT TO XYZ BEFORE THE TIME OF ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ARRIVAL AT SEA PORT. MY QUESTION IS THAT IN ABOVE CASE SHIPMENT SVB ORDER IS APPLICABLE OR NOT. REGARDS/SUNIL - Reply By Mahir S - The Reply = Importers who are related to the supplier in terms o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f Rule 2(2) of the Customs Valuation Rules are required to register with SVB. Hence, please verify the applicability in terms of the above said rule. - Reply By YAGAY AND SUN - The Reply = In case ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of related parties where the prices are influenced by the relationship would come under SVB Valuation. If there is any relation between you and the ultimate supplier then it will be applicable otherw ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ise not. - IS SVB APPLICABLE ON HIGH SEAS SALES SHIPMENT - Query Started By: - sunil bhardwaj Dated:- 29-4-2015 Customs - Import - Export - Customs - SEZ - Got 2 Replies - Customs - Discussion Foru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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