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 : -read more...
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.
ACE team can support the EPR aspirants by rendering End -to-End solutions
What is changing with EPR?
The changes to EPR, which started from the year 2022, shifts the cost of collecting household or industrial waste from the taxpayer to the producer.
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.
During the registration process, the CDSCO may request additional information or documentation to support the evaluation. This may include clinical trial data, performance evaluations, or evidence of conformity to international standards.
The CDSCO may also conduct on-site inspections of the manufacturing facilities to ensure compliance with good manufacturing practices (GMP) and quality control standards.
Once the CDSCO is satisfied with the evaluation and the device meets the necessary regulatory requirements, it grants a registration certificate to the importer.
ACE Consulting Engineers render expert services for Medical Device Registration and Import License Application under CDSCO with utmost due diligence and always focus upon the longevity of applicant’s business.
REFER THE BELOW LINK FOR MEDICAL DEVICE REGISTRATION RULESread more...
BIS Authorisation for import is a crucial step for importers looking to enter the Indian market. This ensures compliance with Indian quality standards as well as establishes credibility, builds consumer trust, and unlocks opportunities for business growth.
a. Determine the applicable Indian standard for your product category and gather the necessary documentation, including technical specifications, test reports, and manufacturing details.
b. Submit product samples to BIS approved laboratory for testing. The samples are assessed for compliance with the specified Indian standards.
c. Prepare and submit the required documents, such as the application form, test reports, manufacturing license, and quality management system certificates etc. to the BIS office.
d. BIS may conduct a factory inspection to ensure that the manufacturing processes align with the specified standards.
e. If your product successfully meets the standards, BIS will issue the BIS certification, allowing you to import and sell your products in India.
ACE Consulting Engineers as a render expert services for BIS Certification and with utmost due diligence and always focus upon the longevity of applicant’s business.
Check your Product(s) under BIS Compulsory Certification :-
Check your Product(s) under BIS Mandatory Certification:-
Check your Product(s) under BIS Footwear & Leather Goods :-
Ace Consulting Engineers is a professionally managed Legal Metrology Registration consultant for obtaining Model Approval Certificate as per the Legal Metrology Approval of Model Rules, 2011 of Ministry of Consumer Affairs for Measuring & Weighing Instruments / equipment / devices.
Our company renders efficient Legal Metrology Consultancy services. We help clients for Registration in Legal Metrology Act. Our team provides complete assistance of registration keeping in view of the requirements of The Legal Metrology (Packaged Commodities) Rules.