https://www.taxtmi.com/news?id=15929 Relaxation of cabotage is authorized for container ports that transship at least 50% of EXIM and empty containers, allowing foreign-flag vessels to carry such containers between Indian ports and transshipment ports alongside Indian vessels. New transshipment ports have a one-year gestation and must meet the 50% threshold in the second year. Failure to maintain the threshold leads to revocation and a three-year bar on reconsideration. Designated ports must supply monthly container traffic data to the Directorate General of Shipping and the Ministry of Shipping by the fifth of the following month for monitoring. en-us Thu, 17 Mar 2016 15:35:14 +0530 Thu, 17 Mar 2016 15:35:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15929 Relaxation of cabotage is authorized for container ports that transship at least 50% of EXIM and empty containers, allowing foreign-flag vessels to carry such containers between Indian ports and transshipment ports alongside Indian vessels. New transshipment ports have a one-year gestation and must meet the 50% threshold in the second year. Failure to maintain the threshold leads to revocation and a three-year bar on reconsideration. Designated ports must supply monthly container traffic data to the Directorate General of Shipping and the Ministry of Shipping by the fifth of the following month for monitoring. News - Thu, 17 Mar 2016 15:35:14 +0530 https://www.taxtmi.com/news?id=15929