TaxTMI 
TaxTMI 
Appointment of Approved Valuers for Valuation of Gold, Silver, Jewellery, Precious Stones, and Other Valuable Articles – Calling for Nominations
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.... 1 The required services may include making the arrangement of smelter/furnace for extraction of gold/other precious metals from their compound form and the presence of appointed assayer/valuer shall be mandatory during the whole process of extraction. 2 The assayer / valuer so appointed is required to make herself/himself available at any time during the day or night or as and when her/his services are required in the above cited jurisdiction. 3 The assayer / valuer will be required to furnish the requisite certificates as Government approved Valuer and Assayer on requisition by a) foreign bound passengers for the purpose of Export Certificate of their Jewellery/valuables and, b) department for purpose of valuing seized goods. 4 The assayer / valuer is required to present himself/herself before any adjudicating authority / Appellate Authority / Courts to give the evidence / produce the relevant records, as and when required. Service Fees payable: 5 The cost of the Government approved valuer would have to be borne by the passenger intending to avail this facility which would be as per Wealth tax (First Amendment) Rules 2009 - substitution of rule....
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....cessary. The applicant shall submit the required documents within the prescribed time limit. On receipt of applications, they would be short listed and will be subjected to verification to check as to whether they have come to adverse notice of the Customs, GST, DRI etc., as desired by the selection panel, before they are approved for appointment. 12. After scrutiny and evaluation, the applications will be referred to the reputed Jewellery Association, who will verify their eligibility to assaying/valuation of the items stated above. On receipt of such recommendations, appointment for valuation as per required terms and conditions will be finalised. 13. The appointment will be done through process of formal interview by a panel of officers of the rank of Additional/ Joint Commissioner of Customs, Custom House, Visakahpatnam and Deputy/Assistant Director, Directorate of Revenue Intelligence, Visakhapatnam Zonal Unit. The dates of interview and name of applicants/persons shortlisted for interview will be intimated to the individuals by e-mail. 14 The applicant, in case of a firm/Company shall sponsor such employees/partners/directors who have the requisite qualification and ....
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..../1805887/2024 ANNEXURE A-1 Form-1 Proforma for application (Please see Eligibility and Other Conditions as per Annexure 2) (* self attested copies of supporting documents to be submitted) 1. Name of the Applicant *: 2. Father's Name: 3. Date of Birth *: 4. Present Address *: 5. PAN Number *: 6. GSTIN (if applicable) *: 7. E-mail ID: 8. Telephone / Mobile No. (s): 9. Qualifications: Name of the Educational Institution Year Passing of Percentage of Marks obtained Remarks Name of the Educational Institution Year Passing Percentage of Marks obtained 10. Name and details of Membership of Professional Body of Valuers/Appraisers (if any) (enclose copy of membership): 11. Experience in Valuation: (including assaying/valuation done for any other Govt. Depts/Banks/Public or Private Companies) (Mention Period with documentary Proof) Name of organization Period of experience ARPT/BTCH/MISC/48/2024-AP-VSKP-CUS-COMMRTE-Vizag I/1805887/2024 12. Is applicant applying in the capacity of individual or on behalf of the company: Individual/Firm/Company: 12.1 If on behalf of the firm/company the following details ....
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....13. I further declare that I/ We have neither been convicted by any competent court for an offence nor any criminal proceeding is pending against me in any court of law Strike out whichever is not applicable Date: Place: (Signature(s) with Name(s) (Individual/All Partners/Directors) ANNEXURE-2 ELIGIBILITY CONDITIONS FOR APPOINTMENT OF ASSAYER /VALUER AND OTHER CONDITIONS: 1. All Assayers / Valuers appointed by Customs shall be governed by the provisions of the Public Notices and Instructions issued by the department from time to time. 2. While conducting a valuation, Assayers / Valuers have to comply with best of well known trade / business practices. ARPT/BTCH/MISC/48/2024-AP-VSKP-CUS-COMMRTE-Vizag I/1805887/2024 3. Qualifications and Previous Work Experience: i. It is necessary that a Assayers / Valuers possesses proper educational qualifications which make him competent to carry out the task of valuation of Valuables. In addition, relevant work experience is also important. Persons possessing the following educational qualifications and work experience shall be eligible for appointment as Assayers / Valuers: A Educational Qualification: Prefer....
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....s, workshops, training programmes, capacity building programmes, etc. 5. Other Conditions and Declaration-cum-Undertaking: A. In addition to the above eligibility criteria, the following are the other conditions to be fulfilled by applicant i. The applicant is an individual / sole-proprietor / all partners/all directors is a citizen in India / the entity is a body corporate registered in India. ii. The applicant has a clean track record in as much as a. they have not been removed / dismissed from valuation related service / previous employment earlier applicant b. the applicant has not been found guilty of misconduct in professional capacity c. the applicant has not been convicted of any offence and sentenced to a term of imprisonment d. The applicant has not been convicted of an offence connected with any proceeding under the Customs Act, 1962, Central Excise Act, 1944. Service Tax and GST provisions e. The applicant has no complaints registered against him/it with CBI and / or police and/or court of law f. The Assayer/Valueris not an undischarged insolvent. iii. The applicant/ firm and all the Partners of the firm and, the Company and all the dire....
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....its appointment. Signature with name / stamp 7. CODE OF CONDUCT FOR ASSAYER/VALUER: All Assayers / Valuers appointed with department shall strictly adhere to the following code of conduct. I. Integrity and Fairness ARPT/BTCH/MISC/48/2024-AP-VSKP-CUS-COMMRTE-Vizag I/1805887/2024 i. The assayer / valuer shall, in the conduct of his/ its business, follow high standards of integrity and fairness in all his/its dealings with his/its clients and other assayer / valuer. ii. The assayer / valuer shall maintain integrity by being honest, straightforward, and forthright in all professional relationships. iii. The assayer / valuer shall endeavor to ensure that he/it provides true and adequate information and shall not misrepresent any facts or situations. iv. The assayer / valuer shall refrain from being involved in any action that would bring disrepute to the profession. v. The assayer / valuer shall keep public interest foremost while delivering his services. Signature with name / stamp II. Professional Competence and Due Care: i. The assayer / valuer shall render at all times high standards of service, exercise due diligence, ensure proper care and....
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...., which has come to his/its knowledge without proper and specific authority or unless there is a legal or professional right or duty to disclose. Signature with name/stamp IV. Information Management: 1. The assayer / valuer shall ensure that he/ it maintains written contemporaneous records for any decision taken, the reasons for taking the decision, and the information and evidence in support of such decision. This shall be maintained so as to sufficiently enable a reasonable person to take a view on the appropriateness of his/its decisions and actions. ii. The assayer /valuer appear, co-operate and be available for inspections and investigations carried out by the authority, any person authorised by the authority. iii. The assayer / valuer provide all information and records as may be required by the authority, the Commissioner (Appeals), Appellate Tribunal etc. iv. The assayer /valuer while respecting the confidentiality of information acquired during the course of performing professional services, shall maintain proper working papers for a period of five years or such longer period as required by the Department, for production before a regulatory authority or f....
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....in view the gravity of the lapses and/or misconduct, the department may take following action(s): 9. Removal of assayer's / valuer's name from its panel after giving him/it an opportunity of being heard followed by a written communication to that effect. 10. Initiation of legal proceedings, including filing of FIR, criminal complaint before Court. 11. Inform related professional bodies and institutions regarding misconduct of assayer / valuer. ARPT/BTCH/MISC/48/2024-AP-VSKP-CUS-COMMRTE-Vizag I/1805887/2024 Signature with name/stamp DECLARATIONS 1. 1/ We hereby declare that the details furnished above are true and correct to the best of my/our knowledge and belief and 1/ we undertake to inform you of any changes therein, immediately. 2.1/We hereby declare that we satisfy the eligibility conditions as specified in Annexure 2 of public notice no 08/2024 dated 05.04.2022. 3. We accept the various terms and conditions as set out in Annexure 2 of the Public Notice. (signed copy of the annexure 2 to be submitted along with application). 4.1/We am/are citizen(s) of India. 5. 1/We have not been removed / dismissed from service/ employment earlier. 6. 1....