Special Valuation Branch is a special unit of the Customs department which is specializing in investigating the transactions which are entered into by importer based out in India and a supplier based in foreign country who have relationship like joint ventures, partnerships, holding-subsidiary etc. which could possibly influence the price of the transaction entered.
source https://www.caclubindia.com/articles/special-valuation-branch-svb-under-customs-valuation-for-goods-imported-from-related-parties-48049.asp
source https://www.caclubindia.com/articles/special-valuation-branch-svb-under-customs-valuation-for-goods-imported-from-related-parties-48049.asp
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