Post Buy Requirement

Products / Services

Our offered Product range includes Government Funding Projects and GAIL Tender Chartered Engineer Attestation.

Import Of Second Hand Machinery And Spares

  • Chartered Engineer Certificate in line with the Indian Foreign Trade Policy.
  • Physical verification of goods as per Customs Examination orders.
  • Representation before Customs Department as and when required.
  • Evaluation of Technical Compliance for meeting Customs clearance criteria.
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QCO Service

QCO Services for the Indian Market

Quality Control Orders (QCOs) are becoming increasingly significant for businesses involved in manufacturing, importing, or selling various products. QCOs, mandated by the Bureau of Indian Standards (BIS) and the Ministry of Commerce and Industry, are designed to ensure that products meet the specified safety, quality, and performance standards before they enter the market. Failing to comply with QCOs can result in severe consequences, including product recalls, financial penalties, and loss of market access.

 

Understanding Quality Control Orders (QCOs)

QCOs are legally binding orders issued by the Indian government that require certain products to conform to Indian standards as specified by BIS. These standards cover a wide range of products, including:

 

  • Steel and Steel Products: Various steel grades, pipes, and tubes.

  • Electronics and IT Equipment: Including smartphones, laptops, and other consumer electronics.

  • Chemical Products: Industrial chemicals, fertilizers, and more.

  • Textiles and Apparel: Fabrics, yarns, and related materials.

 

Why Compliance with QCOs is Essential

  1. Legal Obligation: Adhering to QCOs is not optional—it's a legal requirement.

  2. Market Access: Products that do not comply with QCOs cannot be legally sold in India. For manufacturers and importers, QCO compliance is essential for accessing and thriving in the Indian market.

  3. Enhanced Product Credibility: QCO compliance demonstrates your commitment to quality and safety, enhancing your product’s credibility in the eyes of consumers.

 

Our QCO Compliance Services

We offer comprehensive QCO services to ensure that your products meet all the necessary standards, allowing you to focus on your core business operations.

1. Product Assessment

We start by conducting a thorough assessment of your products to determine which Indian standards apply and whether they fall under the scope of any existing QCOs.

2. Documentation and Application Support

Compliance with QCOs often requires extensive documentation, including test reports, conformity assessments, and declarations. We assist in preparing and submitting all necessary documentation, ensuring that your application process is smooth and error-free.

3. Testing and Certification

Our team coordinates with BIS-approved laboratories to conduct the required testing for your products.

4. Coordination with Authorities

We maintain strong follow ups with regulatory bodies, including BIS and the Ministry of Commerce and Industry to expedite the approval process.

 

Why Choose Us?

 

  • Industry Expertise: With over 20 years of experience in compliance management, we understand the nuances of QCO regulations across various industries.

  • Customized Solutions: We offer tailored services based on the specific needs of your business and products, ensuring efficient and cost-effective compliance.

  • End-to-End Support: From initial assessment to final certification, we manage the entire compliance process, allowing you to focus on growing your business.

 

Partner with ACE Consulting Engineers for QCO compliance services that are reliable, efficient and tailored to your business needs.

 

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Export Of Defective Goods

  • Assessment of faulty , defective , non-functional capital goods for the purpose of repairing or upgradation before export.
  • Identity Establishment at the time of re import to prevent imposition of duplicate import duty as per Customs law.
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EPR Consulting Services

About EPR Registration and Certification

Extended Producer Responsibility (EPR) is a policy approach that mandates producers to manage the disposal and recycling of their products. ACE Consulting Engineers can guide you through the essentials of EPR registration, the benefits of working with an EPR certificate consultant, the EPR online application process, and the comprehensive steps involved in the EPR certification and authorisation processes.

 

Understanding EPR Registration

 

EPR registration is a regulatory requirement for manufacturers, importers, and brand owners who place products on the market. It ensures that companies take responsibility for the collection, recycling, and environmentally friendly disposal of their products at the end of their lifecycle.

 

The Importance of EPR Certification

 

EPR certification is crucial for several reasons:

 

  1. Regulatory Compliance: Ensures that your business complies with local and international environmental regulations.

  2. Sustainability: Demonstrates your commitment to sustainable practices and environmental responsibility.

  3. Market Access: Many markets require EPR compliance for product entry.

  4. Brand Reputation: Enhances your brand’s reputation by showing commitment to environmental stewardship.

  5. Consumer Trust: Builds confidence among consumers who prefer environmentally responsible brands.

 

 

The EPR Online Application Process


The EPR online application process to comply with EPR regulations in line with the EPR Rules is as under :

  1. Create an Account: Register on the relevant EPR portal and create an account.


  2. Application Submission: Filing online application form, providing detailed information about your products and their lifecycle.


  3. Document Upload: Upload the necessary documents, including product details, recycling plans, and waste management strategies.


  4. Application Review: Regulatory authorities review the application and documents to ensure compliance.


  5. Approval and Certification: Once the application is approved, you will receive your EPR certification, authorizing you to manage the end-of-life disposal of your products.

 The EPR Certification Process

The EPR certification process involves several key steps:

  1. Assessment of Products: Identify the products that fall under EPR regulations.


  2. Development of Waste Management Plan: Preparation of a comprehensive plan for the collection, recycling, and disposal of end-of-life products.


  3. Documentation and Submission: Prepare the necessary documentation as part of the EPR online application.


  4. Regulatory Review: Authorities review your application and waste management plan.


  5. Certification Issuance: Upon approval, you will receive your EPR certification.


Why you need an EPR Certificate Consultant ?

Navigating the complexities of EPR regulations can be challenging. Partnering with us as an EPR certificate consultant offers several advantages:

  1. Expert Guidance: We provide expert advice on regulatory requirements and compliance strategies.

  2. Efficient Process Management: We help streamline the application and certification process, saving you time and resources.

  3. Accurate Documentation: Ensure that all documentation is accurate and complete, reducing the risk of application rejection.

  4. Ongoing Support: Provide continuous support and updates on regulatory changes to ensure ongoing compliance.

Why Choose Us for EPR Certification Services?


At ACE Consulting Engineers we specialize in providing comprehensive EPR certification services. Our team of experts is well-versed in the intricacies of EPR regulations and the requirements for various products. Here’s why you should choose us:

  • In-depth Knowledge: Extensive experience and knowledge of EPR regulations and standards.

  • End-to-End Support: Provide end-to-end support throughout the registration and certification process.

  • Customized Solutions: Offer tailored solutions to meet your specific needs and ensure compliance.

By ensuring adherence to EPR standards, your business can access new markets, enhance brand reputation, and contribute to environmental sustainability.

 

EPR For Plastic WasteManagement

The following plastic packaging categories are covers under Extended Producer Responsibility: 

  Categories of Plastic Packaging PP Code
1 Rigid plastic packaging. Category I
 
2 Flexible plastic packaging of single layer or multilayer (more than one layer with different types of plastic),
Plastic sheets or like and covers made of plastic sheet, carry bags, plastic sachet or pouches.
Category II
 
3 Multi-layered plastic packaging (at least one layer of plastic and at least one layer of material other than plastic). Category III
 
4 Plastic sheet or like used for packaging as well as carry bags made of compostable plastics. Category IV
 





EPR For Battery WasteManagement

All types of Batteries regardless of chemistry, shape, volume, weight, material composition and use ( viz Lead acid, Li-Ion, Nickel Cadmium, Zinc based Battery, etc. ) covers under Extended  Producer Responsibility:  

  Categories of Battery B Code
1 Portable Battery Category I
 
2 Electric Vehicle Battery Category II
 
3 Automotive Battery Category III
 
4 Industrial Battery Category IV
 




EPR For Electronic WasteManagement

Categories of electrical and electronic equipment including their components, consumables, parts and spares covered :- 

Sl.
No.
Categories of electrical and electronic equipment Electrical and electronic
Equipment code
(i) Information technology and telecommunication equipment:  
Centralized data processing: Mainframes, Minicomputers ITEW1
Personal Computing: Personal Computers 
(Central Processing unit with input andoutput devices)
ITEW2
Personal Computing: Laptop Computers 
(Central Processing unit with input andoutput devices)
ITEW3
Personal Computing: Notebook Computers ITEW4
Personal Computing: Notepad Computers ITEW5
Printers including cartridges ITEW6
Copying Equipment ITEW7
  Electrical and Electronic Typewriters ITEW8
  User terminal and Systems ITEW9
  Facsimile ITEW10
  Telex ITEW11
  Telephones ITEW12
  Pay telephones ITEW13
  Cordless telephones ITEW14
  Cellular telephones ITEW15
  Answering System ITEW16
  Products or equipment of transmitting sound, images or other information by telecommunications ITEW17
  BTS (all components excluding structure of tower) ITEW18
  Tablets, I-PAD ITEW19
  Phablets ITEW20
  Scanners ITEW21
  Routers ITEW22
  GPS ITEW23
  UPS ITEW24
  Inverter ITEW25
  Modems ITEW26
  Electronic data storage devices ITEW27
  Consumer Electrical and Electronics and Photovoltaic Panels:  
  Television sets (including sets based on Liquid Crystal Display and light Emitting Diode Technology) CEEW1
  Refrigerator CEEW2
  Washing Machine CEEW3
  Air- Conditioners excluding centralised air conditioning plants CEEW4
  Fluorescent and other Mercury containing lamps CEEW5
  Screen, Electronic Photo frames, Electronic Display Panel, Monitors CEEW6
  Radio sets CEEW7
  Set top Boxes CEEW8
  Video Cameras CEEW9
  Video Recorders CEEW10
  Hi-Fi Recorders CEEW11
  Audio Amplifiers CEEW12
  Other products or equipment for the purpose of recording or reproducing sound
or images including signals and other technologies for the distribution of
Sound and image by telecommunications
CEEW13
  Solar panels/cells, solar Photovoltaic panels/cells/modules. CEEW14
  Luminaires for fluorescent lamps with the exception of luminaires in households CEEW15
  High intensity discharge lamps, including pressure sodium lamps and metal halide lamps CEEW16
  Low pressure sodium lamps CEEW17
  Other lighting or equipment for the purpose of spreading or controlling light
Excluding filament bulbs
CEEW18
  Digital camera CEEW19
  Large and Small Electrical and Electronic Equipment  
  Large cooling appliances LSEEW1
  Freezers LSEEW2
  Other large appliances used for refrigeration, conservation, and storage of food LSEEW3
  Clothes dryers LSEEW4
  Dish Washing Machines LSEEW5
  Electric cookers LSEEW6
  Electric stoves LSEEW7
  Electric hot plates LSEEW8
  Microwaves, Microwave Oven LSEEW9
  Other large appliances used for cooking and other processing of food LSEEW10
  Electric heating appliances LSEEW11
  Electric radiators LSEEW12
  Other large appliances for heating rooms, beds, seating furniture LSEEW13
  Electric fans LSEEW14
  Other fanning, exhaust ventilation and conditioning equipment LSEEW15
  Vacuum cleaners LSEEW16
  Carpet sweepers LSEEW17
  Other appliances for cleaning LSEEW18
  Appliances used for sewing, knitting, weaving and other processing for textiles LSEEW19
  Iron and other appliances for ironing, mangling and other care of clothing LSEEW20
  Grinders, coffee machines and equipment for opening or sealing containers or packages LSEEW21
  Smoke detector LSEEW22
  Heating Regulators LSEEW23
  Thermostats LSEEW24
  Automatic dispensers for hot drinks LSEEW25
  Automatic dispensers for hot or cold bottles or cans LSEEW26
  Automatic dispensers for solid products LSEEW27
  Automatic dispensers for money LSEEW28
  All appliances which deliver automatically ,all kinds of products LSEEW29
  Indoor air purifier LSEEW30
  Hair dryer LSEEW31
  Electric shaver LSEEW32
  Electric kettle LSEEW33
  Electronic display panels/board/visual display unit LSEEW34
  Electrical and Electronic Tools  
  Drills EETW1
  Saws EETW2
  Sewing Machines EETW3
  Equipment for turning, milling, sanding, grinding, sawing, cutting, shearing, drilling, 
making holes, punching, folding, bending or similar processing of wood, metal and other 
Materials
EETW4
  Tools for riveting, nailing or screwing or removing rivets, nails, screws or similar uses EETW5
  Tools for welding, soldering, or similar use EETW6
  Equipment for spraying, spreading, dispersing or other treatment of liquid or gaseous 
substance byother means
EETW7
  Tools for mowing or other gardening activities EETW8
  Toys, Leisure and Sports Equipment  
  Electrical trains or car racing sets TLSEW1
  Hand-held video games consoles TLSEW2
  Video games TLSEW3
  Computers for biking, diving, running, rowing, etc. TLSEW4
  Sports equipment with electric or electronic components TLSEW5
  Coin slot machines TLSEW6
  Medical Device  
  Radiotherapy equipment and accessories MDW1
  Cardiology equipment and accessories MDW2
  Dialysis equipment and accessories MDW3
  Pulmonary ventilators and accessories MDW4
  Nuclear Medicine Equipment and accessories MDW5
  Laboratory equipment for in vitro diagnosis and accessories MDW6
  Analyzers and accessories MDW7
  Magnetic Resonance Imaging (MRI), Positron Emission Tomography (PET) Scanner,
Computed Tomography (CT) Scanner, & Ultrasound Equipment along with accessories
MDW8
  Fertilization tests equipment and accessories MDW9
  Other electric appliances/equipment/kits used for preventing, screening, detecting,
monitoring, evaluating, reviewing, examining, investigating, probing, treating illness
sickness, disease, disorder, affliction, infection, injury, trauma, abuse or disability
including the Mobiles, Tablets or any other device with the features having the potential of
Sex selection and their accessories
MDW10
  Laboratory Instruments  
  Gas analyzer LIW1
  Equipment having electrical and electronic components LIW2















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Chartered Engineer For Export Of PPE Medical Coveralls

We undertake survey & assessment of raw materials used for the production of PPE Medical Coveralls to fulfil the export criteria vide DGFT Trade Notice No.17/2020-21 dated 29 June 2020 as per the below link.
 
https://dgft.gov.in/sites/default/files/TradeNotice17_0.pdf
 
The eligibility criteria for issuance of Export License by DGFT includes requirement of Chartered Engineer’ Certificate that the fabrics used in the PPE medical coverall has be manufactured in India.
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EPCG Scheme And Foreign Trade Policy

  • Nexus certification of capital goods as per Appendix-5A
  • End Use confirmation for Pre-Production , Production and Post Production stage.
  • Verification of manufacturing process flow chart & justification of import.
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Bis Registration Consultant

BIS Registration for Products under CRS

 

For businesses operating in India, one of the most critical compliance certifications is the Bureau of Indian Standards (BIS) registration, especially for products covered under the Compulsory Registration Scheme (CRS).

 

What is BIS Registration under CRS?

The BIS registration under the CRS is a mandatory certification for a wide range of products before they can be sold in the Indian market. The primary aim of this registration is to ensure that products meet specific safety, quality, and performance standards, thereby protecting consumers from substandard or hazardous products.

 

The list of products under CRS is extensive, including electronics, IT equipment, household appliances, and various other consumer goods.

 

Why is BIS Registration Crucial for Your Business?

 

1. Legal Compliance : BIS registration is not just a regulatory formality rather it is a legal requirement that must be adhered to by manufacturers, importers, and sellers alike.

 

2. Consumer Trust and Confidence: This certification can significantly enhance your brand's reputation and increase consumer trust, leading to higher sales and customer loyalty.

 

3. Market Access and Growth: Without BIS Registration , your products cannot be legally sold in India, limiting your market reach.

 

 

The Process of Obtaining BIS Registration

 

The process of obtaining BIS registration for products under CRS can be complex and time-consuming, often involving multiple stages of testing, documentation, and verification. However, the benefits far outweigh the effort involved.

 

1. Application Submission: The first step is to submit an application to BIS, along with the necessary documents and product samples.

 

2. Product Testing: The product samples are then tested in BIS-recognized laboratories to ensure they meet the specified standards.

 

3. Grant of License: Upon successful completion of testing and verification, BIS grants a license, allowing the product to be marked with the ISI mark, indicating compliance.

 

Partnering with Experts for Hassle-Free BIS Registration

 

Partnering with a professional consulting firm specializing in BIS compliance can streamline the process, ensuring timely and hassle-free registration.

 

ACE Consulting Engineers offers end-to-end BIS registration services, including:

 

· Product Evaluation: Assessing whether your products fall under the CRS and determining the applicable standards.

 

· Documentation Assistance: Preparing and submitting all necessary documents to BIS.

 

· Testing Coordination: Coordinating with BIS-approved laboratories for product testing.

 

· License Management: Managing the entire process until the BIS license is granted and ensuring ongoing compliance.

 

 

ACE Consulting Engineers as a render expert services with utmost due diligence and always focus upon the longevity of applicant’s business as BIS Registration Consultant.

 

Check your Product(s) under BIS Compulsory Certification :-

 

https://www.bis.gov.in/product-certification/products-under-compulsory-certification/scheme-ii-registration-scheme/

 

Check your Product(s) under BIS Mandatory Certification:-

 

https://www.bis.gov.in/product-certification/products-under-compulsory-certification/scheme-i-mark-scheme/

 

 

Check your Product(s) under BIS Footwear & Leather Goods :-

https://www.bis.gov.in/wp-content/uploads/2020/11/FootwearLeather-QualityControlOrder-2020-29October2020.pdf

More Details

Ministry of Electronics & Information Technology (MeitY) has notified "Electronics and Information Technology Goods (Requirement for Compulsory Registration) product categories are as below :

 

Product Indian Standard number( IS No.) Date of Implementation
Amplifiers With Input Power 2000w And Above IS 616:2010* 03 July 2013
Automatic Data Processing Machine IS 13252(Part 1):2010* 03 July 2013
Electronic Clocks With Mains Power IS 302-2-26:2014* 03 July 2013
Electronic Games (Video) IS 616:2010* 03 July 2013
Electronic Musical Systems With Input Power 200w And Above IS 616:2010* 03 July 2013
Laptop/notebook/tablet IS 13252(Part 1):2010* 03 July 2013
Microwave Ovens IS 302-2-25:2014* 03 July 2013
Optical Disc Players With Built In Amplifiers Of Input Power 200w And Above IS 616:2010* 03 July 2013
Plasma/lcd/led Televisions Of Screen Size 32"; And Above IS 616:2010* 03 July 2013
Printers, Plotters IS 13252(Part 1):2010* 03 July 2013
Scanners IS 13252(Part 1):2010* 03 July 2013
Set Top Box IS 13252(Part 1):2010* 03 July 2013
Telephone Answering Machines IS 13252(Part 1):2010* 03 July 2013
Visual Display Units, Videos Monitors Of Screen Size 32"And Above IS 13252(Part 1):2010* 03 July 2013
Wireless Keyboards IS 13252(Part 1):2010* 03 July 2013
Cash Registers IS 13252(Part 1):2010* 13 May 2015
Copying Machines/duplicators IS 13252(Part 1):2010* 13 May 2015
Passport Reader IS 13252(Part 1):2010* 13 May 2015
Point Of Sale Terminals IS 13252(Part 1):2010* 13 May 2015
Mail Processing Machines/postage Machines/franking Machines IS 13252(Part 1):2010* 13 May 2015
Power Banks For Use In Portable Applications IS 13252(Part 1):2010* 13 May 2015
Smart Card Reader IS 13252(Part 1):2010* 13 May 2015
Mobile Phones IS 13252(Part 1):2010* 13 September 2015
Self-ballasted Led Lamps For General Lighting Services IS 16102(Part 1):2012* 13 September 2015
Dc Or Ac Supplied Electronic Controlgear For Led Modules IS 15885(Part 2/Sec 13):2012* 01 Decmeber 2015
Power Adaptors For Audio,video &similar Electronic Apparatus IS 616:2010* 01 Decmeber 2015
Power Adaptors For It Equipments IS 13252(Part 1):2010* 01 Decmeber 2015
Fixed General Purpose Led Luminaires IS 10322(Part 5/Sec 1):2012* 01 March 2016
Ups/invertors Of Rating <= 5kva IS 16242(Part 1):2014* 01 March 2016
Sealed Secondary Cells/batteries Containing Alkaline Or Other Non-acid Electrolytes For Use In Portable Applications IS 16046:2015* 01 June 2016
Indian Language Support For Mobile Phone Handsets IS 16333 (Part 3) : 2016* 01 February 2018.
Recessed Led Luminaries IS 10322 (Part 5/Section 2) : 2012 23 February 2018
Led Luminaires For Road And Street Lighting IS 10322 (Part 5/Section 3) : 2012 23 February 2018
Led Flood Lights IS 10322 (Part 5/Section 5) : 2013 23 February 2018
Led Hand Lamps IS 10322 (Part 5/Section 6) : 2013 23 February 2018
Led Lighting Chains IS 10322 (Part 5/Section 7) : 2013 23 February 2018
Led Luminaires For Emergency Lighting IS 10322 (Part 5/Section 8) : 2013 23 February 2018
Ups/inverters Of Rating <= 10kva IS 16242 (Part 1) : 2014 23 February 2018
Plasma/ Lcd/led Television Of Screen Size Up-to 32 IS 616 : 2010 23 February 2018
Visual Display Units, Video Monitors Of Screen Size Upto 32 IS 13252 (Part 1) : 2010 23 February 2018
Cctv Cameras/cctv Recorders IS 13252 (Part 1) : 2010 23 February 2018
Adapters For Household And Similar Electrical Appliances IS 302 (Part 1) : 2008 23 February 2018
Usb Driven Barcode Readers, Barcode Scanners, Iris Scanners, Optical Fingerprint Scanners IS 13252 (Part 1) : 2010 23 February 2018
Smart Watches IS 13252 (Part 1) : 2010 23 February 2018
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Patent Registration Services

Naveen Arora-  a registered Patent Agent for Patents & Designs with Office of Controller General of Patents, Designs & Trade Marks.

 

Patent and Design Registration

Patent agent, being a person of expertise in a particular technical field has a strong understanding of the scientific and technical aspects of an invention.

 

Ace Consulting Engineers helps the applicant to secure his patent by critically contributing our technical skills and legal knowledge to respond to the rejection and queries from examiner. Our dedicated team of professionals render following services : -

.

1 Drafting and filing Patent application with Provisional specification along with all necessary forms such as: Form1, Form 2 , Form 3, Form 5 , Form 8 and Form 26
2 Drafting and filing complete specification after filing provisional specification with  all necessary forms such as Form1 , Form 2, Form 3, Form 5, Form 8, Form 18 and Form2
3 Drafting and filing of patent of addition
4 Drafting and filing of divisional application
5 Making request for filing patent outside India (Form 25)
6 Seeking  permission from National Biodiversity Authority (NBA) for filing IP
application under section 6 of The Biological Diversity Act including filing Form-III etc. with NBA
7 Preparing and filing a form for extension ·of time (Form 4)
8 Amending specification and re-filing in response to FER  (Form-13)
9 Filing request for Post dating of application
10 Filing a request for early publication (Form 9)
11 Filing of Working of patents under section 146 (Form 27)
12 Application for revision of terms and condition of license (Form 20)
13 Filing an application for compulsory license (Form 17)
14 Application for revocation of a patent for non working (Form 19)
15 Filing pre-grant opposition
16 Filing notice of opposition (Post grant opposition) in Form 7
17 Request for the grant of patent under section 26 and 52 (Form 12)
18 Prior art search report for novelty ,inventiveness and utility
19 Preparing and filing a new PCT application
20 Filing national phase applications including changes in the claims, if necessary

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Useful Life Under Company’s Act - 2013

  • Evaluation of  Nature of assets , maintenance schedule, working hours of the unit for ascertaining useful life of the plant.
  • Componentization Analysis for claiming accelerated depreciation.
  • Opinion report  in support of Tax Audit for  IndAS-16 accounting standards to ensure the depreciation is in line with the actual usage of assets.
  • Compliance in order to fairly reflect in the balance sheet and income statement.
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Asset Valuation Services

 

To know Fair Market Value of Plant Machine & Equipment

 

 

As per the International Valuation Standards,    Market Value is the estimated amount for which an asset should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction, after proper marketing and where each party had acted knowledgeably, prudently and without compulsion.

 

Valuation for Impairment Loss

An impairment loss is the amount by which the carrying amount of an asset exceeds its recoverable amount. An impaired asset is a company's asset that has a market price less than the value listed on the company's balance sheet.

 

For Revaluation of Assets

In Revaluation model, the fair value of plant , machinery and equipment is measured and reliably carried , being its fair value at the date of the revaluation deducting any subsequent accumulated depreciation and impairment losses. Revaluations are usually  made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting period. 

 

Valuation for Transfer Pricing Audit Purpose

Transfer pricing refers to the methods for pricing transactions within the  enterprises under common ownership or control. Because of the potential for cross-border controlled transactions to distort taxable income, tax authorities in many countries can adjust intragroup transfer prices that differ from what would have been charged by unrelated enterprises dealing at arm’s length.

 

Valuation of Capital Goods viz machines and equipments are sought by the Tax Auditors to know the anticipated value of assets for the Transfer Pricing audit purpose.

 

Valuation for Insurance

Valuation of assets is required for fixing of sum insured under fire and engineering class of business insurance policy . The valuation is generally provided on either of the  two methods: Indemnity basis or Reinstatement value basis as per the conditions of insurance policy.

 

 

Valuation for Disposal of Plant and Machines

Asset disposal is the act of selling an asset usually a long term asset that has been depreciated over its useful life like production equipment. When companies dispose their equipments, it gains a salvage value or residual value which can be a gain or a loss per the books.

 

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Export Of Old & Used Capital Goods

 

  • Evaluation of second hand capital goods before Export for Customs assessment.
  • Ascertaining the Working Condition and Residual Life for qualifying country specific requirements.
  • Conforming the guidelines of MOEF&CC on Hazardous or E-Waste.

 

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MNRE Chartered Engineer Services

For Import of Second Hand Plants, Machinery and Spares

  • Chartered Engineer Certificate in line with the Indian Foreign Trade Policy. 
  • Physical verification of goods as per Customs Examination orders.
  • Representation before Customs Department as and when required.
  • Evaluation of Technical Compliance for meeting Customs clearance criteria.

 

For End Use Certification of Imported Machines

 

  • Technical Opinion Reports for confirming the end use of capital goods.
  • Evaluation Reports for selection of HSN /  CTH code as per Customs law.

 

For Re Import of Export Goods

                                                                                      

  • Assessment of faulty , defective , non-functional capital goods for the purpose of repairing or upgradation before export.
  • Identity Establishment at the time of re import to prevent imposition of duplicate import duty as per Customs law.

 

For Export of Old & Used Capital Goods

 

  • Evaluation of second hand capital goods before Export for Customs assessment.
  • Ascertaining the Working Condition and Residual Life for qualifying country specific requirements.
  • Conforming the guidelines of MOEF&CC on Hazardous or E-Waste.

 

For EPCG Scheme and Foreign Trade Policy

 

  • Nexus certification of capital goods as per Appendix-5A
  • End Use confirmation for Pre-Production , Production and Post Production stage.
  • Verification of manufacturing process flow chart & justification of import.

 

For Installation and Commercial Production

 

  • Commissioning report for installed capital goods.
  • Verification of commercial production records.
  • Verification of working condition of machines as per FTP.

 

 

For Useful Life under Company’s Act - 2013

 

  • Evaluation of  Nature of assets , maintenance schedule, working hours of the unit for ascertaining useful life of the plant.
  • Componentization Analysis for claiming accelerated depreciation.
  • Opinion report  in support of Tax Audit for  IndAS-16 accounting standards to ensure the depreciation is in line with the actual usage of assets.
  • Compliance in order to fairly reflect in the balance sheet and income statement.

 

 

For Govt. Subsidy & Incentive Schemes

 

  • MSIPS , SPECS , PLI Schemes of Electronic Manufacturing
  • PMKSY scheme of MOFPI

 

Date of start of commercial production.

Evaluation Report for the plant & machinery installed, the price is as per the market value and the same are being used for the manufacturing of products as applied and approved under SPECS.

Fair Valuation of  used / second hand / refurbished plant, machinery and equipment including for associated utilities and R&D, whether imported or domestically procured.

Residual Life Certification of  used / second hand / refurbished plant, machinery and equipment including for associated utilities and R&D.

Fair Valuation of tools, dies, moulds, jigs, fixtures including parts, accessories, components and spares thereof.

Fair Valuation for reasonableness cost of plant, machinery, equipment and associated utilities self-fabricated including certification of the material cost.

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Installation Commercial Production Service

 

  • Commissioning report for installed capital goods.

 

  • Verification of commercial production records.

 

  • Verification of working condition of machines as per FTP.

 

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Government Funding Projects

25,000 /Set Get Latest Price
Our company is engaged in rendering specialised services for government funding projects. We offer services for the manufacturing r&d units, importers-exporters & service providers for realization of various grants, subsidies, incentives, schemes & refunds offered by state and central government. The realization of the schemes, incentives and refund is as per the prevailing acts, rule, and notifications & circulars as and when applicable. more about make in india : make in india is an initiative program of the government of india to encourage multinational companies and domestic companies to manufacture their products in india. We render complete consulting services under the concept of make in india for aspiring entrepreneurs
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Asset Audits

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We are offering asset audits.It is imperative for all the companies to use assets as per schedule ii. If asset audits & compliance is not considered, then they are required to justify the variation along with technical advice. One can consult for asset audits & compliance and related aspects. We have experts to provide the best solutions. useful life of plant & machinery as per companies act the new amendment in companies act, 1956 emphasises on the concept of useful life of assets by providing indicative life and residual value for assets in schedule ii.The corporate affairs ministry has now said that useful lives of assets and the residual value specified in schedule ii should be ordinarily used by companies.In case, companies are using values that are different from the schedule ii, then they would be required to adequate disclosures in their financial statements to justify the variation along with technical advice.A chartered engineer & valuer prepares his impartial report to assess the residual useful life on the basis of the physical condition of the assets. Following documentary evidence needs to be furnished at the time of inspection : copy of audited balance sheet of last three consecutive yearscopy of fixed asset register ( far ) indicting list of p & mcopy of purchase invoice of the machineriesproduction schedule of the plantbreakdown and preventive maintenance records of the machines
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GAIL Tender Chartered Engineer Attestation

The bidder has to furnish documentary evidence in support of the Technical Evaluation Bid (i) Certificate from Chartered Engineer (ii) Details of Similar Works / Services in past 07 (seven) years and certification from a Chartered Engineer (iii) Details of Financial Capability of the bidder duly certified by Chartered Accountant (iv) Work Order, SOR, Completion Certificate all Notarized and duly certified by Chartered Engineer in proof of their meeting the criteria along with the bid to establish his experience and track-record for meeting Bid Evaluation Criteria.

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CDSCO Registration For Medical Devices

The Central Drugs Standard Control Organization (CDSCO) is the national regulatory authority for pharmaceuticals and medical devices in India. The CDSCO registration process for importing medical devices is designed to ensure that only safe and effective devices enter the Indian market.

The CDSCO authorisation process begins with the submission of an application by the importer to the CDSCO. The application includes detailed information about the medical device, such as its intended use, technical specifications, manufacturing processes, labelling, and instructions for use.

The CDSCO thoroughly reviews the application, assessing the safety, efficacy, and quality of the device. This includes evaluating the compliance of the device with applicable Indian regulatory standards and guidelines.

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