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 : -

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


About the EPR
Extended Producer Responsibility is an environmental protection strategy to reach an environmental objective of a decreased total environmental impact from a product, by making the manufacturer of the product responsible for the entire life cycle of the product and especially for the take-back, recycling, and final disposal of the product.

What is changing with EPR?
Extended Producer Responsibility is an environmental policy which has been recently introduced in India. EPR requires a producer to take responsibility for the entire lifecycle for the products that they put into the market, including their disposal.

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 RULES 

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 :-

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

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.

The Legal Metrology (Packaged Commodities) Rules, 2011

• The Legal Metrology (Packaged Commodities) Rules, 2011 has been framed under section 52(2)(j) and (q) of the Act and has, since, been amended several times, the latest being made under Notification bearing no. GSR 359(E) dated 06.06.2013.(1st amendment of 2013).
• Every manufacturer or packer or importer  of packaged commodities require Registration under the Rule 27 within 90 days of starting business.
• A registration may be made with the Controller of the state where the factory is located Registration with any authority is valid throughout the country for items and for factories / premises mentioned in the Registration Certificate. Once registration is made, additions and alterations can be made by filing an application before the same authority.