<h1>India Boosts Coastal Shipping by Exempting Customs Duties on Bunker Fuels for Indian Vessels.</h1> The Ministry of Shipping is implementing measures to promote coastal shipping to reduce road congestion and carbon emissions. A significant barrier has been the customs and excise duties on bunker fuels, increasing transportation costs. This was addressed by the Department of Revenue through Notification No. 31/2014, exempting such duties on bunker fuels used in Indian vessels for transporting EXIM and empty containers between Indian ports. The exemption was expanded by Notification No. 46/2015 to include vessels carrying a mix of EXIM, empty, and domestic containers. This tax incentive aims to boost Indian tonnage and develop transportation hubs.