CWM now offers Valuation Services at All Major Ports in India
New Services Offered
- Second Hand Machinery Valuation
- Valuation of Used Capital Goods
- Quality Inspections
As per circular No. 25/2015 issued on 15 October 2015 by the Department of Revenue, Ministry of Finance, Government of India, it is mandatory to have a DGFT approved agency carry out valuations at either loading port or port of discharge. CWM Survey & Inspection having a well-established global footprint now has a well-established network in India. CWM also has certified Chartered Engineers to carry out valuations at all major ports and ICDs in India. It also offers the option of carrying out the valuation in the source country before shipping to India.
A Chartered Engineer’s Certification is mandatory to export old or used Plants and Machinery to India. At the time of customs clearance for such goods in India, it is mandatory to produce this Chartered Engineer’s Certification.
The Chartered Engineer’s Certification guarantees the make, condition, current market value for assessment of duty and balance life of machinery and other capital goods.