Home India Tariff Authority for Major Ports In exercise of the powers conferred by Section 49 of the Maj...
Date: 2018-02-03 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by Section 49 of the Major Port Trusts Act

Issued by Tariff Authority for Major Ports · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary:** This document extends the validity of the Rent Schedule for the land of Kolkata Port Trust (KOPT) at Shalukkhali, Haldia Dock II, originally approved on February 14, 2012. The extension is granted until March 31, 2018, or until the implementation of a revised schedule, whichever is earlier. KOPT must file its proposal for revision of the Rent Schedule by January 31, 2018, following the amended Land Policy Guidelines, 2014. **Key Points / Main Content:** * **Extension of Rent Schedule Validity:** * The existing Rent Schedule for KOPT land at Shalukkhali, Haldia Dock II, is extended. * The extension is valid until March 31, 2018, or the effective date of a revised schedule, whichever comes first. * This extension aims to prevent a gap in tariff applicability. * **Background and Previous Extensions:** * The original Rent Schedule was approved on February 14, 2012 and was valid for 5 years, until April 13, 2017. * Previous extensions were granted to avoid a tariff vacuum. * The last extension was valid until December 31, 2017. * **Required Actions and Conditions:** * KOPT is required to submit a proposal for revision of the Rent Schedule by January 31, 2018. * The proposal must adhere to the amended Land Policy Guidelines, 2014. * An annual escalation of 2% will continue to apply during the extended validity period. * Lease rentals fixed based on KOPT's proposal may have retrospective effect from April 14, 2017. **Impact Analysis** **Kolkata Port Trust (KOPT):** * *Impact:* KOPT can continue to apply the existing Rent Schedule for its land at Shalukkhali, Haldia Dock II, avoiding a period without a valid schedule. KOPT must adhere to certain conditions during the extension period, and potentially face retrospective changes to lease rentals. * *Action Required:* KOPT must submit a proposal for revision of the Rent Schedule by January 31, 2018, in accordance with the 2014 Land Policy Guidelines. **Tariff Authority for Major Ports:** * *Impact:* The Authority is responsible for reviewing KOPT's proposal and potentially setting revised lease rentals with retrospective effect. * *Action Required:* Review the proposal submitted by KOPT. **Leaseholders/Tenants of KOPT Land:** * *Impact:* Leaseholders will continue to pay rent based on the existing schedule with a 2% annual escalation, but may face retrospective adjustments to their lease rentals depending on the outcome of KOPT's proposal. * *Action Required:* No immediate action, but should be aware that their lease rentals are subject to revision based on KOPT's proposal and may have to adjust payments retroactively.

Key Entities Referenced

Tariff Authority for Major Ports: Regulatory authority responsible for tariff regulation at major ports in India. Major Port Trusts Act, 1963: The Act under which the Tariff Authority for Major Ports derives its powers. Kolkata Port Trust: Applicant in the case, seeking extension of the rent schedule for its land. Shalukkhali: Location of the land belonging to Kolkata Port Trust, for which the rent schedule is being discussed. Haldia Dock II: Another specific location related to the land of Kolkata Port Trust, relevant to the rent schedule. Land Policy Guidelines, 2014: Guidelines issued by the government that Kolkata Port Trust is required to follow for revising its rent schedule. T.S. Balasubramanian: Member Finance of the Tariff Authority for Major Ports. Rajat Sachar: Member Economic of the Tariff Authority for Major Ports.
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अनुमो&दत क(cid:11) गयी थी । यह आदशे 14 माच,B 2012 के भारत के राजपI म, राजपI स4ं या 64 म , अिधसूिचत &कया गया था । &कराया अनुसूची राजपI मे आदेश &क अिधसूचना क(cid:11) तारीख 30 &दन पLात (cid:15)भावी हो गयी थी और 13 अ(cid:15)ैल 2017 तक 5 वषB क(cid:11) अविध के िलय े वैध थी । 2.2 त#पLात, शालु(cid:31)खली, हि(cid:28)दया डाक- पर, केओपीटी क(cid:11) भूिम क(cid:11) &कराया अनुसूची क(cid:11) वधै ता म , इस (cid:15)ािधकरण II (cid:14)ारा (cid:15)शु(cid:28)क म , शू(cid:8)यता से बचने और उ(cid:19) आदशे मे &दये गये कारणो से दो अवसरो पर िव2तार &कया गया । िपRली बार, इस (cid:15)ािधकरण ने अपने 15 िसत@बर, 2017 के आदशे सं4या टीएएमपी/40/2011-केओपीटी (cid:14)ारा वैधता म, 31 &दस@बर, 2017 तक िव2तार &कया गया था। यह आदेश भारत के राजपI म, 9 अ(cid:19)ुबर,2017 के राजपI सं4या 389 मे अिधसूिचत &कया गया था। ऐसा करते समय, इस (cid:15)ािधकरण (cid:14)ारा केओपीटी को सरकार (cid:14)ारा जारी सशं ोिधत भूिम नीित, 2014 का अनुसरण करत े (cid:25)ए 31 अ(cid:19)ुबर, 2017 तक &कराया अनुसूची म े संशोधन का (cid:15)2ताव दायर करन े क(cid:11) सलाह दी गयी थी। 3. इस पVृ भूिम म,, केओपीटी न े 28 &दस@बर,2017 के अपन े पI सं4या एडी/ई/1032/एसडी/ शालु(cid:31)खली/वी/6097 म, बताया ह ै &क &कराया दरमानो म, सशं ोधन के (cid:15)योजन स े लगाये गये म(cid:28)ू यांकक ने (cid:15)ाXप म(cid:28)ू यांकन ?रपोटB (cid:15)2तुत कर दी ह ै और &क ?रपोटB को अंितम Xप &दया जा रहा ह।ै इस ि2थित को देखत े (cid:25)ए, केओपीटी ने यह बताया ह ै &क म(cid:28)ू यांकन ?रपोटB को अंितम Xप देन े के पLात और (cid:8)यासी मडं ल का अनुमोदन (cid:15)ाY करन े के पLात. वह अपना (cid:15)2ताव 31 जनवरी,2018 तक दायर कर दगे ा। इसिलय,े केओपीटी न े शालु(cid:31)खली, हि(cid:28)दया डाक- पर, केओपीटी क(cid:11) भूिम क(cid:11) &कराया अनुसूची क(cid:11) वैधता II म, 3 महीने अथाBत 31 माच,B 2018 तक या संशोिधत अनुसूची क(cid:11) अिधसूचना क(cid:11) तारीख तक, जो भी पहले हो, का िव2तार करने का अनरु ोध &कया ह।ै 4. शालु(cid:31)खली, हि(cid:28)दया डाक- पर, केओपीटी क(cid:11) भूिम क(cid:11) &कराया अनुसूची क(cid:11) वैधता 31 &दस@बर, 2017 को पहले ही II समाY हो गयी ह।ै केओपीटी (cid:14)ारा दायर &कये जाने वाले (cid:15)2ताव के संसाधन मे लगने वाले अपेिZत समय को [यान म, रखत े (cid:25)ए और केओपीटी के &कराया दरमानो मे श(cid:8)ू यता से बचने के उ\े]य स,े वतBमान दरमानो &क वैधता को 31 &दस@बर,2017 से आगे िव2तार करना उपयु(cid:19) समझा जाता ह।ै 5.1. इसके अित?र(cid:19), जैसा &क इस (cid:15)ािधकरण न े अपने 24 मई 2017 के आदेश सं4या टीएएमपी/40/2011-केओपीटी के (cid:14)ारा शालु(cid:31)खली, हि(cid:28)दया डाक- पर, केओपीटी क(cid:11) भूिम क(cid:11) &कराया अनुसूची क(cid:11) िव2ता?रत अविध के दौरान 2% II वा=षक वृिa जारी रहग़े ी। 5.2. यह भी &क, जैसा उ(cid:19) संद=भत आदेश म, पहले ही उ(cid:28)लेख &कया गया ह,ै 2% क(cid:11) वा=षक वृिa पcा &करायो म, शु(cid:8)यता स े बचन े के िलये केवल एक अंत?रम dव2था ह ै और &क और &क इस स@बंध म , केओपीटी (cid:14)ारा दायर &कये जान े वाल े (cid:15)2ताव के आधार पर शालु(cid:31)खली, हि(cid:28)दया डाक- पर, केओपीटी क(cid:11) भूिम के िलय े पcा &करयो के िनधाBरण को इस (cid:15)ािधकरण II (cid:14)ारा 14 अ(cid:15)लै , 2017 के पूवBdापी (cid:15)भाव &दया जायेगा, जसै ा &क भूिम नीित &दशािनदeश इस (cid:15)ािधकरण से (cid:15)#येक 5 वष B पर पcा &करायो म, संशोधन क(cid:11) अपेZा करत े ह।f 6. उ(cid:19) को देखत े (cid:25)ए तथा ऊपर &दय े गय े कारणो स े और सामूिहक िवचार िवमशB के आधार पर, यह (cid:15)ािधकरण शालु(cid:31)खली, हि(cid:28)दया डाक- पर, केओपीटी क(cid:11) भूिम क(cid:11) &कराया अनुसूची क(cid:11) वैधता म , 31 माच,B 2018 तक या संशोिधत II अनुसूची के कायाB(cid:8)वयन क(cid:11) (cid:15)भावी तारीख तक, जो भी पहले हो, का िव2तार करता ह।ै टी. एस. बालसु9मिनयन सद2य (िव(cid:5)) [िवhापन- /4/असा./416/17] III¹Hkkx IIIµ[k.M 4º Hkkjr dk jkti=k % vlk/kj.k 3 TARIFF AUTHORITY FOR MAJOR PORTS NOTIFICATION Mumbai, the 22th January, 2018 No. TAMP/40/2011-KOPT.—In exercise of the powers conferred by Section 49 of the Major Port Trusts Act, 1963 (38 of 1963), the Tariff Authority for Major Ports hereby extends the validity of Rent Schedule for the land of Kolkata Port Trust at Shalukkhali, Haldia Dock – II as in the Order appended hereto. Tariff Authority for Major Ports Case No. TAMP/40/2011-KOPT Kolkata Port Trust --- Applicant QUORUM (i) Shri. T.S. Balasubramanian, Member (Finance) (ii) Shri. Rajat Sachar, Member (Economic) ORDER (Passed on this 19th day of January 2018) This case deals with the extension of the validity of Rent Schedule for the land of Kolkata Port Trust (KOPT) at Shalukkhali, Haldia Dock - II. 2.1. The existing Rent Schedule of the land of KOPT at Shalukkhali, Haldia Dock - II was approved by this Authority vide Order No. TAMP/44/2011-KOPT dated 14 February 2012. This Order was notified in Gazette of India on 14 March 2012 vide Gazette No.64. The rent schedule came into effect after expiry of 30 days period from the date of notification of the Order in the gazette and is valid for a period of 5 years i.e. upto 13 April 2017. 2.2. Thereafter, the validity of the Rent Schedule for the land of KOPT at Shalukkhali, Haldia Dock - II was extended by this Authority on two occasions to avoid a vacuum in tariff and for the reasons cited in the said Order. On the last occasion, this Authority had extended the validity upto 31 December 2017 vide its Order No. TAMP/40/2011 dated 15 September 2017 which was notified in the Gazette of India on 9 October 2017 vide Gazette No. 389. While doing so, the KOPT was advised by this Authority to file its proposal for revision of Rent Schedule, latest by 31 October 2017, following the amended Land Policy Guidelines, 2014, issued by the Government. 3. In this backdrop, the KOPT, vide its letter no. Ad/E/1032/SD/Shalukkhali/V/6097 dated 28 December 2017 has stated that the valuer engaged for the purpose of revising the Scale of Rents (SOR) has submitted the draft valuation report and that the report is under finalization. In view of this position, the KOPT has stated that it will file its proposal by 31 January 2018 after finalization of the valuation report and with approval of its Board of Trustees. Therefore, the KOPT has requested to extend the validity of current schedule of rent of land of KOPT at Shalukkhali, Haldia Dock – II for a period of 3 months i.e upto 31 Mach 2018 or upto the date of notification of the revised schedule, whichever is earlier. 4. The validity of Rent Schedule for the land of KOPT at Shalukkhali, Haldia Dock - II has already expired on 31 December 2017. Considering the time required for processing the proposal to be filed by the KOPT and in order to avoid a vacuum in the SOR of KOPT, it is felt appropriate to extend the validity of the existing SOR beyond 31 December 2017. 5.1. Further, as already approved by this Authority in its Order no. TAMP/40/2011-KOPT dated 24 May 2017, the annual escalation of 2% will continue to apply during the extended validity period of the Rent Schedule for the land of KOPT at Shalukkhali, Haldia Dock – II. 5.2. Also, as already indicated in the above referred Order, the annual escalation of 2% is only a provisional arrangement to avoid vacuum in lease rentals and that the lease rentals to be fixed by this Authority for the land of KOPT at Shalukkhali, Haldia Dock – II, based on a proposal to be filed KOPT in this regard, may have to be given a retrospective effect from 14 April 2017, as the Land Policy Guidelines requires the Authority to fix lease rentals every five years. 6. In view of the above and for the reasons given above, and based on a collective application of mind, this Authority extends the validity of the existing Rent Schedule for the land of KOPT at Shalukkhali, Haldia Dock - II upto 31 March 2018 or till the effective date of implementation of the revised schedule, whichever is earlier. The KOPT is advised to file its proposal for revision of Rent Schedule, latest by 31 January 2018, following the amended Land Policy Guidelines, 2014, issued by the Government. T. S. BALASUBRAMANIAN, Member (Finance) [ADVT.-III/4/Exty./416/17] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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