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Customs and Excise Duty Exempted on the Use of Bunker Fuels

Dated:- 7-10-2015 - The Ministry of Shipping is actively considering various measures to promote modal shift of cargo from roads to coastal waters not only to decongest roads but more importantly to harness the higher fuel efficiency of coastal movem .....

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solved by Department of Revenue vide Notification No. 31/2014 dated November 11, 2014 by exempting Customs and Excise duty leviable on bunker fuels, namely IFO 180 CST and IFO 380 CST used in Indian flag vessels for transportation of EXIM and empty c .....

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