Home India Tariff Authority for Major Ports In pursuance of Ministry of Shipping MOS letter No IWT 11 28...
Date: 2019-06-07 Category: Extra Ordinary State: Union Government Country: India

In pursuance of Ministry of Shipping MOS letter No IWT 11 28 2018IWT dated 30 January 2019 the Tariff Authority

Issued by Tariff Authority for Major Ports · Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: This document is a notification from the Tariff Authority for Major Ports (TAMP) extending the validity of the Policy for Determination of Tariff for Major Port Trusts, 2015. The extension is from January 13, 2018, to December 25, 2018. This decision follows a Ministry of Shipping (MOS) letter dated January 30, 2019. Key Points / Main Content: * **Policy Extension:** * The validity of the Policy for Determination of Tariff for Major Port Trusts, 2015 is extended. * The policy was previously notified on January 27, 2015. * The extension is from January 13, 2018, to December 25, 2018. * **Authority:** * The extension is issued by the Tariff Authority for Major Ports. * The decision is in pursuance of a Ministry of Shipping letter. * **Applicability:** * The extension applies only to Major Port Trusts whose tariff regulation was governed by the 2015 policy. Impact Analysis: * **Major Port Trusts:** * *Impact:* Their tariff determination will continue to be governed by the 2015 policy until December 25, 2018. * *Action Required:* Ensure compliance with the 2015 policy until the extended date. * **Tariff Authority for Major Ports (TAMP):** * *Impact:* Responsible for implementing and overseeing the extended policy. * *Action Required:* Continue to apply the 2015 policy for tariff determination until December 25, 2018. * **Ministry of Shipping (MOS):** * *Impact:* Sets the policy direction and communicates extensions. * *Action Required:* Monitor the implementation of the extended policy.

Key Entities Referenced

Tariff Authority for Major Ports: Regulatory body responsible for tariff regulation at major ports. Ministry of Shipping: The government ministry responsible for shipping and ports. Policy for Determination of Tariff for Major Port Trusts, 2015: A tariff policy document issued by the Ministry of Shipping regarding tariff determination for major port trusts. T.S. Balasubramanian: Member Finance of the Tariff Authority for Major Ports. Rajat Sachar: Member Economic of the Tariff Authority for Major Ports Mumbai, Maharashtra: Location where the notification was issued by the Tariff Authority for Major Ports. Major Port Trusts: Refers to the major ports in India that are governed by the Tariff Authority for Major Ports. Gazette of India: Official government journal where notifications are published.
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