Definition of fishing vessel clarifies vessel classification for tax and registration purposes under maritime law. The Act defines fishing vessel as a mechanically propelled ship exclusively engaged in sea fishing for profit, and defines Indian ship by registration ... Summary
Definition of fishing vessel clarifies vessel classification for tax and registration purposes under maritime law.
The Act defines fishing vessel as a mechanically propelled ship exclusively engaged in sea fishing for profit, and defines Indian ship by registration under the Act, including ships previously registered at Indian ports that are recognised as Indian ships under the applicable proviso, providing operative criteria for vessel classification referenced in tax law.
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