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Empanelment of chartered engineers for valuation of second hand machinery; professional charges set and periodic reporting required. Empanelment of chartered engineers for valuation of second hand machinery and other goods is effective immediately for a one year validity; the notice lists named firms and individuals, requires valuation reports in the prescribed format (including Form B where applicable), mandates half yearly self appraisal reports for empanelled engineers, permits use of DGFT notified agencies for inspection/appraisement, and prescribes the professional charges payable by the importer including a charging formula and an upper fee ceiling.
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Provisions expressly mentioned in the judgment/order text.
Empanelment of chartered engineers for valuation of second hand machinery; professional charges set and periodic reporting required.
Empanelment of chartered engineers for valuation of second hand machinery and other goods is effective immediately for a one year validity; the notice lists named firms and individuals, requires valuation reports in the prescribed format (including Form B where applicable), mandates half yearly self appraisal reports for empanelled engineers, permits use of DGFT notified agencies for inspection/appraisement, and prescribes the professional charges payable by the importer including a charging formula and an upper fee ceiling.
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