Self-assessment system of import clearance was introduced back in 2011 by Customs Authorities to simplify import procedures and expedite import clearance yet importers particularly multi-national companies still face several issues while importing goods such as correct classification of goods, delays in customs clearance and Special Valuation.
In cases, where the Indian entity import goods from its related parties located outside India, the Indian importer has to undergo an additional procedure commonly called as the Special Valuation Branch (‘SVB’) process, which is extremely complex and time consuming.
Our team of professionals adopt a comprehensive approach to advise our clients in their import process right from the inception of the transactions itself. Our experts offer full support to help clients in adopting correct approach and meeting all the compliances to reduce litigation with the Customs authorities and saving additional costs due to negative inspection report.
Stay one step ahead in a rapidly changing world and build a sustainable future with us.
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