V.O. CHIDAMBARANAR PORT AUTHORITY, THOOTHUKUDI - Corrigendum to the Scale of Rates of VOC Port

© [Regd. No. TN/CCN/467/2012-14. GOVERNMENT OF TAMIL NADU [R. Dis. No. 197/2009. 2023 [Price: Re. 0.80 Paise TAMIL NADU GOVERNMENT GAZETTE PUBLISHED BY AUTHORITY No.17] CHENNAI, WEDNESDAY, APRIL 26, 2023 Chithirai 13, Sobakiruthu, Thiruvalluvar Aandu–2054 Part III—Section 2 Statutory Notifications and Orders issued by Heads of Departments. NOTIFICATIONS BY HEADS OF DEPARTMENTS, ETC. CONTENTS Pages. V.O. CHIDAMBARANAR PORT AUTHORITY, THOOTHUKUDI Corrigendum to the Scale of Rates of VOC Port .. .. 80 [79] DTP—III-2 (17)80 TAMIL NADU GOVERNMENT GAZETTE [Part III—Sec. 2 NOTIFICATIONS BY HEADS OF DEPARTMENTS, ETC. V.O. CHIDAMBARANAR PORT AUTHORITY, THOOTHUKUDI Corrigendum to the Scale of Rates of VOC Port Notified in the Tamil Nadu Government Gazette (Part III Section 2) on 29 March 2023 Vide Gazette No.13 [ No. FIN-COSTORSOR(SORT)/1/2020-Part (1)] No. SRO C-7/2023. As appeared in the Order No. FIN-COSTOSOR (SORT)/1/2020-PART(1) dated 16 March 2023 vide To be read as follows Gazette No.13 notified on 29 March 2023 1.2 General Terms & Conditions 1.2 General Terms & Conditions (xxii) (a). The SOR is subject to automatic annual (xxii) (a). The SOR is subject to automatic annual indexation at 100% of the WPI to be annually announced indexation at 60% of the variation in the Whole Sale by the Authority. The next annual indexation will be Price Index (WPI) as communicated by Indian Ports from May 2023 subject to the VOCPA achieving the Association (IPA) or any other Competent Authority performance standard notified along with the SOR. If decided by the Government. The VOCPA however, be Performance Standards prescribed in the SOR are not entitled to 100% indexation of WPI on achieving of the achieved, there will be no indexation in the SOR for performance standards notified along with the SOR that particular year. which is effective from 01st May of the relevant year. (b) The port should declare the Performance (b) The Port should declare the Performance Standards achieved by it annually for the period 1 January Standards achieved by it annually for the period to 31 December vis-à-vis the Performance Standards 1 January to 31 December vis-à-vis the Performance notified by the Authority at the level committed by the Standards notified by the Port Authority at the level port within one month of end of the calendar year to committed by the Port within one month of end of the the concerned users as well as to the Authority. If the calendar year to the concerned users. If the Performance Performance Standards as notified by the Authority are Standards as notified by the Port are achieved, then achieved by the port, then the port will automatically the port will automatically index the SOR at 100% of index the SOR at 100% of WPI announced by the WPI announced by the concerned Authority and apply Authority and apply the indexed SOR w.e.f. 1 May of the indexed SOR w.e.f., 1 May of the relevant year. the relevant year. The indexed SOR by the VOCPA The indexed SOR to be intimated by the port to the to be intimated by the port to the concerned users concerned users. and to the Authority. Thoothukudi, ASHOKA KUMAR SAHU, 13th April 2023. Financial Adviser & Chief Accounts Officer, V.O.Chidambaranar Port Authority PRINTED AND PUBLISHED BY THE DIRECTOR OF STATIONERY AND PRINTING, CHENNAI ON BEHALF OF THE GOVERNMENT OF TAMIL NADU