Customs Valuation and Internal Audit Commissionerate was established in January 2001 under National Board of Revenue (NBR), the apex authority of Government revenue administration. Before that it was working in the name of “Customs Valuation Office” under the supervision of Controller (at the rank of an Additional commissioner) in Chittagong. The then Headquarter was in Chittagong, but when it was started functioning as a separate Commissionerate, the core function was designed for the development of valuation database and other audit related works. Thus, the development wing was established in Dhaka and later on, the development wing changed his character and started functioning as the Head Office of Customs Valuation & Internal Audit Commissionerate and the Chittagong Office designed as Regional Office. The main objectives toward establishing the Customs Valuation & Internal Audit Commissionerate is to work effectively with various issues related to customs valuation as well as internal audit endeavors in this connection