Exclusion from tonnage tax scheme

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Full Text of the Document

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....om the tonnage tax scheme: Provided that an opportunity shall be given by the Assessing Officer by serving a notice calling upon such company to show cause, on a date and time to be specified in the notice, why it should not be excluded from the tonnage tax scheme: Provided further that no order under this sub-section shall be passed without the previous approval of the 2[Principal Chief Commiss....