Chartered Engineer Valuations

CWM offers Chartered Engineering and valuation services for second hand machinery at most major ports across the world.

CE inspection for second hand machinery

As per India Customs Circular 05/2015 replaced by Customs Circular 07/2020 - All Old & Used Second Hand Machinery/Equipment/Plants/Capital Equipment require a CE Inspection and Valuations Prior to dispatch for the purpose of Customs Clearance in India.

How does it work

The process

The process involves Evaluating the Equipment's Current Market Value - by ascertaining particulars such as Age, Make, Condition and comparing it with similar equipment available in the market, to arrive at Fair Assessment Value.

The advantages of working with cwm for CE evaluation

  • CWM is a DGFT Approved Pre-Shipment Inspection Agency (PSIA) and is approved to carry out Inspection and Valuation in all major port locations worldwide.
  • CWM is the preferred PSIA for some of the major players operating in the Oil & Gas Exploration and Marine fields in India.
  • We pay special attention to detail and to our customer’s process and procedures and other requirements.

Why choose CWM?

  • It’s important to note that CWM is more than just a TIC service provider. While checking products or consignments, if we identify any issue or risk, we will inform our client immediately – this is essential in order to find a quick solution with minimal disruption to the supply chain.
  • Our clients recognise great value in the extra effort that we put in, to ensure the best outcome for their business.
  • CWM is a full member of the global TIC Council and we follow their guidelines and best practices. The TIC Council is the Testing, Inspection and Certification Council - a professional federation for highly qualified and experienced TIC companies.
  • CWM is also ISO17020 accredited (for professional inspection bodies) with our accreditation scope covering a very wide range of products and materials.
  • CWM is a superintendent member of the Grain and Feed Trade Association (Gafta) we can provide TIC solutions on all commodities traded under Gafta Contract Terms. We are also a Federation of Oils, Seeds and Fat Associations (FOSFA) superintendent member, for your trade in oilseeds, oils and fats.
Make an inquiry