Charted Engineer Certification

• 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.

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

• 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.

• 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.

• 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.

• Commissioning report for installed capital goods.

• Verification of commercial production records.

• Verification of working condition of machines as per FTP.

• 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.

• 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.

• Assessment of  leased assets and ascertaining the nature of a financial lease within the meaning of Accounting Standard 19 – Leases or Indian Accounting Standard (Ind-AS) – 116 Leases.

• 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.

Naveen Arora – Chartered Engineer -  empanelled  with Ministry of New and Renewable Energy at sr. no. 7 of the approved list as per below link -

http://scms.gov.in/MNRE-Empanelled-Chartered-Engineers.pdf

Chartered Engineer Certification services for finalisation and certification of  Bill of Material of Solar Power Developers for availing concessional customs duty benefits. 

• Chartered Engineer Certification of Bill of Material (BOM)

• Solar Project Reconciliation by MNRE approved Chartered Engineer