TaxTMI 
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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....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 8C, Notification No. 15/2009 dated 30.1.2009 F. No. 194/144/2008-TPL 6. The service f....
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....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 experience for interview. Only such persons who are employees/partners/directors who have appeared and qualified in the interview will be all....
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.... 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 InstitutionYear PassingofPercentage of Marks obtainedRemarks 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 may be furnished i. Name of the Firm/Company: ii. Type of the Firm/Company: iii. Registered address and address of the head office: iv. Registered Office address: v. Details of the Partners/Directors with their names, address ....
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....rectors) 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: Preferably Bachelor's degree in any subject from a University or Institution recognized by Government of India. Lower Education than that stated above will be accepted subject to possessing of quality experience and skill as deemed fit by the selection panel. . B. Work Experience: THREE years of work exper....
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....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 directors of the company shall each possess PAN Card. Signature with name / stamp iv. The applicant shall submit Goods and Services Tax Registration Number (if available). v. The applicant shall comply with the guidelines, standards and procedures, and abide by the code of conduct prescribed and as amended by the Department from time to time. vi. The....
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....ntegrity 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 exercise independent professional judgment. ii. The assayer / valuer shall carry out professional services in accordance with the relevant technical and professional standards that may be specified from time to time iii. The assayer / valuer continuously maintain professional knowledge and skill to provide competent professional service based on up-todate developments in practice, prevailing regulation....
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....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 for a peer review. In the event of a pending case before any authority of Customs, the record shall be maintained till the disposal of the case. v. Gifts and hospitality: i. The assayer / valuer or his/its relative shall not accept gifts or hospitality which undermines or affects his independence as assayer / valuer. ii. The assayer / valuer shall not offer gifts or hospitality (or a financial or any other advantage) to a public servant or any othe....