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Operating ships

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....e purposes of this Chapter, a company shall be regarded as operating a ship if it operates any ship 2[or inland vessel, as the case may be,] whether owned or chartered by it and includes a case where ....

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....ing three years.]     ************** NOTES:- 1.  Inserted vide Section 30 of the Finance (No. 2) Act, 2004 w.e.f. 01-04-2005 2.  Inserted vide Sect....