Date: 2015-03-13Category: Extra OrdinaryState: Union GovernmentCountry: India
The Tariff Authority for Major Ports hereby disposes of the proposal received from Cochin Port Trust (COPT) for general revision of its Scale of Rates, as in the Order appended hereto.
**Executive Summary:**
This notification addresses the proposal from Cochin Port Trust (COPT) for a general revision of its Scale of Rates (SOR). The Tariff Authority for Major Ports (TAMP) has decided to close the proposal due to the issuance of a new Tariff Policy of 2015 by the Ministry of Shipping (MOS) which came into effect on January 13, 2015. COPT is advised to file a revised proposal in accordance with the new policy.
**Key Points / Main Content:**
* **Background:**
* COPT submitted a proposal on November 3, 2014, for revision of its SOR.
* The existing SOR of COPT, approved on April 1, 2013, and notified on June 10, 2013, was valid until March 31, 2015.
* **New Tariff Policy:**
* MOS issued a new Policy for determination of Tariff for Major Port Trusts, 2015, effective from January 13, 2015.
* The new tariff fixation process differs significantly from the Tariff Guidelines of 2005.
* **Decision:**
* TAMP decided to close COPT's proposal dated November 3, 2014.
* COPT is advised to file a revised proposal compliant with the new Tariff Policy of 2015.
* The revised proposal will be processed following the new Tariff Policy of 2015.
**Impact Analysis:**
**Cochin Port Trust (COPT):**
* *Impact:* COPT's existing proposal for SOR revision is closed and will not be processed under the previous tariff guidelines.
* *Action Required:* COPT must file a revised proposal for SOR revision that complies with the new Tariff Policy of 2015 issued by the MOS.
Key Entities Referenced
Tariff Authority for Major Ports: Regulatory body responsible for tariff regulation at major ports in India.
Major Port Trusts Act, 1963: The governing legislation providing the legal framework for the major port trusts in India.
Cochin Port Trust: A major port trust in India, specifically located in Kochi, Kerala, also referred to as COPT.
Scale of Rates: The schedule of charges levied by the Cochin Port Trust for various services.
Ministry of Shipping: The Indian government ministry responsible for policies related to the shipping sector and major ports.
Policy for determination of Tariff for Major Port Trusts, 2015: A tariff policy issued by the Ministry of Shipping for determining tariffs at major port trusts in India.
Tariff Guidelines of 2005: Previous guidelines used for tariff determination, now superseded by the 2015 policy.
T. S. Balasubramanian: Member Finance of the Tariff Authority for Major Ports
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TARIFF AUTHORITY FOR MAJOR PORTS
NOTIFICATION
Mumbai, the 4th March, 2015
No. TAMP/61/2014-COPT.— In exercise of the powers conferred by Sections 48, 49 and 50 of the Major Port
Trusts Act, 1963 (38 of 1963), the Tariff Authority for Major Ports hereby disposes of the proposal received from Cochin
Port Trust (COPT) for general revision of its Scale of Rates, as in the Order appended hereto.
TARIFF AUTHORITY FOR MAJOR PORTS
Case No. TAMP/61/2014-COPT
Cochin Port Trust - - - Applicant
QUORUM:
(i) Shri. T. S. Balasubramanian, Member (Finance)
(ii) Shri. C. B. Singh, Member (Economic)
ORDER
(Passed on this 13th day of February, 2015)
This case relates to the proposal received from the Cochin Port Trust (COPT) for general revision of its Scale of
Rates (SOR).
2. The existing SOR of the COPT was last approved by this Authority vide Order No. TAMP/49/2011-COPT
dated 1 April 2013 which was notified in the Gazette of India on 10 June 2013, with a validity till 31 March2015.
3. The COPT has filed its proposal for revision of its SOR vide its letter no. FD/Costing/Revision of SOR/2015-
18/2014 dated 3 November 2014. The case was taken up for consultation with the relevant stakeholders. The comments
received from users/ user organization were forwarded to the Port as feedback information. The joint hearing in the
subject case was to be scheduled.
4.1 In the meantime, the Ministry of Shipping (MOS), vide its letter No. 8(1)/2014-TAMP dated 13 January, 2015
has issued the new “Policy for determination of Tariff for Major Port Trusts, 2015” which was notified in the Gazette of
India vide Gazette No. 30 dated 27 January, 2015 by this Authority. The new “Policy for determination of Tariff for
Major Port Trusts, 2015” has come into effect from 13 January 2015.
4.2. The tariff fixation process envisaged in the new Tariff Policy of 2015 for Major Port Trust by MOS, is
significantly different from the tariff fixation method stipulated in the Tariff Guidelines of 2005. Hence, the proposal
filed by COPT under tariff guidelines of 2005 cannot be processed in its present form.
5. In view of the above position, this Authority based on collective application of mind decides to close the
proposal dated 3 November, 2014 filed by COPT for general revision of its SOR. The COPT is advised to file a revised
proposal in accordance with the new Tariff policy of 2015 announced by the MOS. The proposal when received will be
processed following the new Tariff Policy, 2015.
T. S. BALASUBRAMANIAN, Member (Finance)
[ADVT- III/4/Exty./143/2014 (324)]
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