The Indian Customs has an elaborate process & procedure drawn for administering Customs Valuation and maintains a separate Directorate of Valuation (DOV) and Special Valuation Branch (SVB). Euphoria Freight Systems has a special service for handling the Customs Valuation of imported goods amongst others for Related Party Transactions. We also take up assignments for handling DGFT matters, filing & representing appeals & litigations with Customs, import audits & pre-import business plan assistance, including refunds, closure of bonds/ compliances, essentiality certificates, non-tariff compliances, etc. With our service there is seldom a chance for our clients to appear in the press for wrong reasons. We have a separate department for Foreign Trade Consultancy and Customs Valuation service.
The growing opportunity for business will in turn require trained professionals and proper decision making in order to comply the regulations while extracting full benefit from the Export Import business.
- Export Import is governed by International and Domestic Policy.
- International policy is issued by ICC (International Chamber of Commerce)
- Domestic policy is governed by Ministry of Commerce, DGFT and RBI.
In order to conduct the business properly, a proper understanding of the rules and regulations is necessary.