Computation of Tonnage Income - Section 115 VG

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..... ualifying ship having net tonnage Amount of daily Tonnage Income Up to 1,000 Rs.70 for each 100 tons Exceeding 1,000 but not more than 10,000 Rs.700 plus ₹ 53 for each 100 tons exceeding 1,000 tons. Exceeding 10,000 but not more than 25,000. Rs.5,470 plus ₹ .....

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..... des the deemed tonnage computed in the prescribed manner. However, deemed tonnage shall be the tonnage in respect of an arrangement of purchase of slots, slot charter and an arrangement of sharing of break-bulk vessel. The tonnage shall be rounded off to the nearest multiple of hundred tons and for this purpose any tonnage consisting of kilograms shall be ignored and thereafter if such tonn .....

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