Definition of port as infrastructural facility now includes storage and handling structures if certified by port authority and transfer agreement. Structures at ports for storage, loading and unloading qualify as part of the port for tax purposes if the port authority certifies they form part of the port; for assessment years up to 2001-02 an additional condition requires construction under BOT/BOLT with an agreement to transfer to the authority, while from 2002-03 onward only the port authority certificate is required.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Definition of port as infrastructural facility now includes storage and handling structures if certified by port authority and transfer agreement.
Structures at ports for storage, loading and unloading qualify as part of the port for tax purposes if the port authority certifies they form part of the port; for assessment years up to 2001-02 an additional condition requires construction under BOT/BOLT with an agreement to transfer to the authority, while from 2002-03 onward only the port authority certificate is required.
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