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<h1>Comprehensive Framework for Calculating Ship and Inland Vessel Tonnage Under Indian Tax Regulations</h1> A legal analysis of tonnage determination for shipping companies under Indian tax law reveals a comprehensive framework for calculating ship and inland vessel tonnage. The provisions establish objective criteria using internationally recognized certificates from the Merchant Shipping Act and Inland Vessels Act. The approach ensures legal certainty, aligns with global standards, and provides a uniform method for computing tonnage income, facilitating tax assessment for maritime and inland water transport operators.
TaxTMI