- About Us
- Valuation Law
- WTO/WCO Matters
- Citizen's Charter
Indian customs established Directorate of Valuation in Mumbai in 1997 which was upgraded to the level of Directorate General in 2002. They worked for the various departments like Central Board of Excise and Custom.
To create Valuation Databases and supporting tools.
To setup valuation databases & valuation tools for effective and uniform application of valuation laws across the country.
To assist the Central Board of Excise and Customs in policy matters concerning Customs Valuation.
To monitor valuation trends of sensitive commodities and take corrective steps.
To provide guidance to field formations in valuation matters.
To carry out valuation inspections of Customs formations to ensure uniform application of valuation laws across the country.
To coordinate valuation matters with World Customs Organization (WCO).
To provide data for valuation corridor under Risk Management System (R.M.S)
To monitor and examine the quality of orders passed by Special Valuation Branches (SVBs) which investigate cases of related party imports.
To coordinate with Income tax on "Transfer Pricing" and "Customs Valuation" by way of sharing of information and training of Officers.
NIDB An electronic database of imported goods into India
ECDB Captures data relating to exports from India , useful for detection of cases of overvaluation, misuse of export incentives schemes & other commercial frauds.
CRD Contains information about the cases of related party imports. Such cases are investigated by Special Valuation Branches (SVBs) of the 5 major Custom Houses.
The SVBs investigate cases of relationship after reference from assessing groups.
From 01.01.2013, all these SVBs are under control of Directorate General Of Valuation. DGOV maintains, on its website, details of Special Valuation (SVB) cases relating to related party imports, payment of Royalties, license fees, supply of materials and services by the importer, etc. registered in the five SVBs, i.e.- Delhi,Chennai, Mumbai, Kolkatta & Bangalore.
At present, with the ever increasing volume of trade, it is neither possible nor desirable for any tax administration to scrutinize all the transactions. Database backed RMS, PCA & enforcement provides a solution for this. A National Valuation Database helps in : Identifying transactions to be facilitated under RMS.
Scrutinizing the cases of transfer pricing and Related Party Transactions
Selection for Post Clearance Audit (PCA)
Intelligence support system
Helps in determining Customs Value under Rule 4 & 5 of Custom Valuation Rules, when it cannot be done by Transaction Value Method
Issue of Valuation alert/Guidelines for the benefit of the field formations.
DGOV is the nodal point for international cooperation on valuation matters. It coordinates with international organizations i.e. World Trade organization, World Customs Organization as well as other Customs administrations.
DGOV represents India in various conferences, meetings, on valuation matters, held under the aegis of WCO/WTO.
DGOV is actively involved in extending technical assistance in capacity building of other Customs Administrations for developing and maintaining valuation Database on the lines of NIDB namely Sri Lanka, Tanzania, Uganda, Maldives etc.
In Kenya the Valuation database developed by DGOV with the assistance of C-DAC is already operational since 2010.
DGOV was involved in a project for providing consultancy services the Ethiopian Revenue & Customs Authority (ERCA) for implementation of WTO Customs Valuation Agreement.Consultancy Report in this regard has already been submitted by the Chairman CBEC to Hon'ble Minister and DG of ERCA.C-DAC in consultation with DGOV is developing Valuation databases for ERCA. ERCA has further desired to have a long term Mutual Co-operation and Assistance Programme between ERCA & DGOV, in order to assure the sustainability in the implementation of new valuation system in Ethiopia.