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Government decides to provide further Indirect Tax Incentives to Domestic Shipbuilding Industry

Dated:- 26-11-2015 - The Government has decided to provide further indirect tax incentives for domestic shipbuilding industry. Accordingly, the Central Government has issued Notification Nos. 44/2015-Central Excise, 45/2015-Central Excise, 54/2015-Cu .....

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sels/tugs and pusher crafts etc 2) Presently, certain specified ships/vessels are exempt from basic customs duty and Central Excise duty (CVD). Consequently, for such ships/vessels manufactured in Export Oriented Units (EOUs) and cleared to domestic .....

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s/parts consumed in manufacture of such ships/vessels etc which are cleared to DTA, even if such ships/vessels are exempt from basic customs duty and Central Excise/CV duty. 3) Simultaneously, the requirement of manufacturing of ships/vessels/ tugs a .....

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