One of our client would like to send a piece of used machiney from UK
to India. The machinery is bought from a used dealer in the UK and
reurbished. Every transaction is transperent and above board.
Question: What is a "valuation certificate" pertaining to this
transaction.
Who issues it? Can a director of a UK registerd Project Management
company and a charterd Engineer issue it?
Has it got a standard format+ points to be  covered ( such as
remaining life etc)? addressed to whom?

Dear mahakali-ga 

Valuation certificates for plant and machinery are issued by members
of the Royal Institute of Chartered Surveyors ‘RICS’. The valuations
are under the RICS Appraisal and Valuation Manual otherwise known as
the ‘Red Book’. It contains guidance on the various definitions under
which valuations are made e.g. open market value. A surveyor will be
able to answer all the questions you have at the time of valuation.
(The Red Book is not available on the internet and is currently under
revision).

The RICS web site is http://www.rics.org/
“The work of our members involves all matters relating to the
valuation and sale of business assets including plant and machinery.
This work is likely to include insurance valuations, corporate
recovery, financial and business valuations, rating and taxation and
compensation claims.”

To contact a surveyor use this link on their website:
http://www.rics.org/public/find_a_surveyor.html or look in your local
yellow pages for a nearby RICS surveyor.

Please ask for clarification of this research, or if the links do not
work, before rating the answer.

answerfinder-ga

Search strategy
Variations of valuation +certificate +uk which led me to to RICS