Global Tax Guru: Transportation of bulk or break-bulk cargo - eligible for an incentive @ Re. 1 per tonne per nautical mile

what we do

We have specialization to provide advisory services on complex statutory Compliance and policy-related matters under areas of Logistics (Import & Export), Taxation (GST & Customs), Foreign Trade & Investment (DGFT), Food Safety (FSSAI), Weights & Measures (Legal Metrology), Wireless & Telecommunication Products (WPC) and Chartered Engineering services. Optimize your Supply chain as 4PL Company through our 3PL partners. Refund of duty/ credit/interest at Customs, GST and DGFT Appellate Service related to Customs, GST and Legal Metrology. Licenses and IEC from DGFT.

Monday, March 30, 2015

Transportation of bulk or break-bulk cargo - eligible for an incentive @ Re. 1 per tonne per nautical mile

Transportation of bulk or break-bulk cargo pertaining to seven commodities viz.

1)Fertilizers
2)food grains,
3)marbles,
4) tiles,
5)sugar,
6)edible salt and
7)over-dimensional cargo,

shall be eligible for an incentives available under SIMSC, @ Re. 1 per tonne per nautical mile upto a maximum of 1,500 nautical miles in each trip starting from origin and ending at the destination.( Source:Ministry of Shipping (MoS))