Chartered Engineers certificate benefits and Losses
Year wise fee increased of chartered Engineers certificate
Profits of chartered Engineers certificate
The Chartered Engineer certificate is often useful for the following purpose:- ( As per https://www.ieindia.org/webui/iei-Memb.aspx#chartered-engineering
To be empaneled as Valuer, Loss Assessor in various financial institutions like Bank,Insurance companies etc.
To be empanelled as Chartered Engineer in the Original Side of High Courts, Central Excise and Customs and other similar govt Concerns.
To win contract of civil works from Municipal Corporation and similar govt bodies.
To be employed and/or promoted in foreign companies.
To practice as self employed consultant in India and abroad.
In general, the Chartered Engineer certificate being issued by the IEl (which is one of world's oldest and largest professional bodiesof Engineers), plays the role of recognition and acceptance of one's techno-academic qualification and professional attainment on a global platform.
2. Following activities essentially need C.E Certification as per various acts &
government regulations as of now per video published of IE(I)- The Institution Of Engineers (India) - NEYVELI LOCAL CENTRE
For registration as valuer under wealth tax of section 34 AB (for Plant &Machinary & Land&Building.
Building stability certification under Industrial Safety& Health act.
Structural Audit & plan preparing & getting approval for Muncipal Corporation under rules.
Arbitration work.
For calibration of tanks & weighing scales Registration needed under weights and measures act.
Energy Audit, Electrical & Mechanical safety audits under DISH.(Director industrial Safety&Health)
PAT Audit (Perform Achieve & Trade) in Large industries of all states.
Under factory's act equipments safety certification competency is awarded to Chartered Engineer by DISH (The Directorate of Industrial Safety and Health )
DGFT( Director General of Foreign Trade) formality on all parts such on lInd hand imported m/c valuation.
Import -export activities , DGFT needs Chartered Engineer certification for advance import licence imported material usage & wastage certification for exporters.
Improrted machines installation certification & plant production capacity certificates.delivery completion for export commitment certification for import licence.
For visa formalities assets valuation is needed from C.E.
For industries in SEZ all input & material utilization certification needed from C.E,
Under GST act tax liability on stock & WIP and in house production to be certified by C.E.
For various central & state subsidies to industries, cold storage ete. C.E certification required for verification of procured assets.
For storage and transport of hazardous materials competency needed for certification under explosives act for such competent authorities C.E is eligibility criteria
Cases of techno legal disputes in court of laws for technical and valuations matters,Chartered Engineers opinions is sought.
Customs Valuation (Determination of Value of Imported Goods) Rules 2007
CVR, 2007
Customs Act, 1962 and Customs Valuation Rules, 2007
3. Example of Chartered Engineers certificate as below ЁЯСЗ
Inviting application for empanelment of Chartered Engineers for examination/valuation of Second hand/Old & Used machinery/goods etc.
Application are invited in the prescribed proforma from individual/Proprietor/Partnership/Company, who are duly authorized to use the style and title of Chartered Engineer by the Institution of Engineers (India) for empanelment as Chartered Engineer for examination/valuation of second hand/old and used imported machinery equipment, other capital goods, computers, photocopies/MFDs (Multi functional devices), office equipments, tools etc. and their parts/accessories.
the Chartered Engineers are required to prepare their report in accordance with CBIC Circular No. 07/2020- Customs dated 05.02.2020.
http://www.eepcindia.org/download/200206122639.pdf
https://apcustoms.gov.in/Publicnotices2021/PN2.pdf
https://tuticorincustoms.gov.in/pdf%202021/Public%20Notice%202021/Public%20Notice%2015.pdf
4.Empanelment/ authorized_chartered_engineers
https://www.menziesbobba.com/media/pdf/authorized_chartered_engineers.pdf
http://delhicustoms.gov.in/files/air-cargo-imports/public-notices/Public%20Notice%20No.%2074.pdf
Chartered Engineers for certifying Bill of Material of Solar Power Developers for availing concessional customs Duty Benefits
https://scms.gov.in/MNRE-Empanelled-Chartered-Engineers.pdf
C.Limitations of Chartered Engineers certificate and Self satisfaction conditions
( My personal opinions)
No Regular Government Jobs on the Basis of Chartered Engineers.
No use of chartered Engineers in Teaching field like lecturers, Professors
No use of chartered Engineers in Research and Development/ Scientific fields
No use of chartered Engineers, if not ask by government authorities during providing tenders
No use of chartered Engineers on technician level Jobs.
No use of chartered Engineers if your Current Employer didn't recommend it.
https://youtube.com/playlist?list=PLjbgVJTeKEkdY_FSzqBQwf7pWT9KdvCLz
Government recommends some specific professionals code/regulations in specific sectors).
No use of chartered Engineers in any specific professional if government released Alternative Rules/Regulations as below
For any Queries about Online & Offline registration Process
https://www.ieindia.org/webui/iei-Memb.aspx#chartered-engineering
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