Home India Tariff Authority for Major Ports The Tariff Authority for Major Ports hereby further extends ...
Date: 2015-05-25 Category: Extra Ordinary State: Union Government Country: India

The Tariff Authority for Major Ports hereby further extends the validity of the Guidelines for Regulation of Tariff at Major Ports, 2004 notified vide Order No.TAMP-23-2003-WS on 31 March, 2005, as in the Order appended hereto.

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Executive Summary & Key Takeaways

Executive Summary: The Tariff Authority for Major Ports extends the validity of the Guidelines for Regulation of Tariff at Major Ports, 2004, following directives from the Government of India, Ministry of Shipping. This extension accommodates the newly issued Tariff Policy for Major Port Trusts, 2015. The guidelines are extended until March 31, 2015, or until further orders, with specific durations for Major Port Trusts and Private Terminal Operators. Key Points / Main Content: Extension of Tariff Regulation Guidelines: * The validity of the Guidelines for Regulation of Tariff at Major Ports, 2004 is further extended. * Extension is in compliance with Government of India directives under Section 1.2 of the Guidelines for Regulation of Tariff at Major Ports, 2004. * Order aligns with the policy directions issued under Section 111 of the Major Port Trusts Act, 1963. Tariff Policy for Major Port Trusts, 2015: * The Ministry of Shipping issued the "Policy for Determination of Tariff for Major Port Trusts, 2015" effective January 13, 2015. * The Authority was directed to act accordingly. * The Tariff Policy for Major Port Trusts, 2015, was notified on January 27, 2015. Specific Extension Periods: * Major Port Trusts: Guidelines extended from January 1, 2015, to January 12, 2015. * Private Terminal Operators: Guidelines extended from January 1, 2015, to March 31, 2015, or until further orders. Impact Analysis: Major Port Trusts: * Impact: Subject to extended tariff regulation guidelines for a limited period in January 2015 before the new tariff policy takes full effect. * Action Required: Comply with the extended guidelines from January 1, 2015, to January 12, 2015, and transition to the new tariff policy thereafter. Private Terminal Operators: * Impact: Subject to extended tariff regulation guidelines until March 31, 2015, or until further notice. * Action Required: Comply with the extended guidelines until March 31, 2015, and await further directives.

Key Entities Referenced

Tariff Authority for Major Ports: An authority responsible for regulating tariffs at major ports in India. Guidelines for Regulation of Tariff at Major Ports, 2004: A set of guidelines established for regulating tariffs at major ports, which has been extended and amended over time. Major Port Trusts Act, 1963: An act of the Indian Parliament that governs the major port trusts in India. Policy for Determination of Tariff for Major Port Trusts, 2015: A tariff policy issued by the Ministry of Shipping for major port trusts in India. Ministry of Shipping: The Indian government ministry responsible for ports, shipping, and waterways. T.S. Balasubramanian: Member Finance of Tariff Authority for Major Ports Chandra Bhan Singh: Member Economic of Tariff Authority for Major Ports New Delhi: Capital of India, place of publication.
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TARIFF AUTHORITY FOR MAJOR PORTS No. TAMP/41/2009-WS QUORUM (i). Shri. T.S. Balasubramanian, Member (Finance) (ii). Shri. Chandra Bhan Singh, Member (Economic) O R D E R (Passed on this 15th day of May, 2015) The ‘Guidelines for Regulation of Tariff at Major Ports, 2004’ were notified in the Gazette of India on 31 March, 2005 vide Gazette No.39 by this Authority in compliance of policy directions issued by the Government of India under section 111 of the Major Port Trusts’ Act, 1963. These guidelines came into effect from 31 March, 2005 and as stipulated in clause 1.2 of the guidelines, remained in force for a period of 5 years, i.e. up to 31 March, 2010, unless reviewed earlier or extended by this Authority. 2. As advised by the Government of India in the Ministry of Shipping this Authority extended the validity of the ‘Guidelines for Regulation of Tariff at Major Ports, 2004’ from time to time and the last extension till 31 December, 2014 or until further orders, whichever is earlier, was notified in the Gazette of India on 20 October, 2014 vide G.No.295 vide our Order dated 8 October, 2014. 3. In the meantime, the Ministry of Shipping (MOS) vide its letter No. 8(1)/2014-TAMP dated 13 January, 2015 issued a Tariff Policy for Major Port Trusts called “Policy for Determination of Tariff for Major Port Trusts, 2015” in exercise of powers conferred on it by Section 111 of the Major Port Trusts Act, 1963, and directed the Authority to Act accordingly with immediate effect. Accordingly, the Tariff Policy for Major Port Trusts called “Policy for Determination of Tariff for Major Port Trusts, 2015” has been notified in the Gazette of India Extraordinary (Part III Section 4) on 27 January, 2015 vide Gazette No.30. The said Tariff Policy for Major Port Trusts, 2015 came into immediate effect i.e. from 13 January, 2015, as directed by the MOS vide its letter dated 13 January, 2015. 4. The Government of India in the Ministry of Shipping, vide its letter No. PR-14019/20/2009-PG(pt-II) dated 2 January, 2015 [received by us on 18 April, 2015], has extended the validity of the ‘Guidelines for Regulation of Tariff at Major Ports, 2004’ till 31 March, 2015 or until further orders, whichever is earlier. 5.Accordingly, the validity of the ‘Guidelines for Regulation of Tariff at Major Ports, 2004’ is extended for – (i) Major Port Trusts from 1 January, 2015 to 12 January, 2015; and, (ii) For Private Terminal Operators operating at Major Ports presently governed under 2005 guidelines from 1 January, 2015 to 31 March, 2015 or until further orders, whichever is earlier. T.S BALASUBRAMANIAN, Member (Finance) [ADVT. – III/4/Exty./143/2015 (74)] Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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