TaxTMI 
TaxTMI 
Agreement between the Government of India and the Union of Soviet Socialist Republics on Merchant Shipping
X X X X Extracts X X X X
X X X X Extracts X X X X
....ome-tax Act, 1961 (43 of 1961) and section 24A of the Companies (Profits) Surtax Act, 1964 (7 of 1964), the Central Government hereby directs that the provisions of the said Article of the said Agreement shall be given effect to in the Union of India. ANNEXURE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA AND THE GOVERNMENT OF THE UNION OF SOVIET SOCIALIST REPUBLICS ON MERCHANT SHIPPING The Government of the Republic of India and the Government of the Union of Soviet Socialist Republics, Being guided by the provisions of the Treaty of Peace, Friendship and Cooperation between the Republic of India and the Union of Soviet Socialist Republics dated August 9, 1971, Proceeding from the common aspiration for a....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s or enterprises. ARTICLE 4 1. The Contracting Parties agree to promote the participation of their vessels in the carriage of all commercial cargoes between the ports of the two countries on the principles of parity in cargo liftings and freight earnings and equality in all other respects. In the calculations of parity, the shipments to and from all ports situated in the territory of the Contracting Parties shall be taken into account. 2. In case the shipping companies of one of the Contracting Parties are not able to undertake the carriage in accordance with the provisions of paragraph 1. such carriage will be offered to the vessels of the other Contracting Pary. If the required tonnage is not available with the other Contracting ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ding, in particular, national cabotage and ocean fishing; (c) shall not oblige a Contracting Party to extend to vessels of the other Contracting Party exemptions from compulsory pilotage requirements granted to its own vessels; (d) shall not apply to the regulations concerning entry and stay of foreigners. ARTICLE 8 The Contracting Parties shall adopt, within the limits of their law and port regulations, all appropriate measures to facilitate and expedite maritime traffic, to prevent delays to vessels, and to expedite and simplify as much as possible the carrying out of customs and other formalities applicable in ports. ARTICLE 9 1. The documents relating to registration of vessels, certificates of tonnage and ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....tity documents specified in Article 10 of this Agreement shall be permitted to enter by any means of transport the territory of the other Contracting Party or to pass through its territory in transit on the way to their vessel or while going to another vessel, or on the way to their home country, or for travelling for any other reason which will be approved by the authorities of the other Contracting Party. 2. In all the cases specified in paragraph 1 of this Article the seaman must have appropriate visa of the other Contracting Party which shall be granted by the competent authorities within the shortest possible time. 3. If the holder of the seaman's identity document specified in Article 10 of this Agreement is not a citizen of....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e former. 2. Each Contracting Party may levy tax on income derived by the shipping companies established in the territory of the other Contracting Party from the carriage of cargo from its ports to the ports of third countries provided that the tax leviable on such income shall be reduced by an amount equivalent to two-thirds thereof. ARTICLE 16 1. If a vessel of one of the Contracting Party suffers shipwreck, runs aground, is cast ashore or suffers any other accident within the national limits of the other Contracting Party, the vessel, the crew, the passengers and the cargo shall receive, in the territory of the latter Party, the same assistance which is accorded by that Party to Its national vessel, crew, passengers and cargo. ....