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Office Memorandum - Decentralisation of shipping arrangements in respect of ocean transportation of cargoes under the control of Government/Public Sector Undertaking.
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**Main Heading**
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**Important Note**
Applicable to:
All importing Government Departments / PSUs
Effective Date:
08 September, 2015
Superseded Circulars:
Not specified
Key Changes and Requirements
**Numbered Sections**1. Decentralisation of Shipping Arrangements
Government Departments/PSUs can now make their own shipping arrangements for both bulk and general liner cargoes, subject to certain conditions.
- Bulk Cargoes: Import on FOB/FAS basis. Prior permission required for departure from this policy.
- General Liner Cargoes: Import on FOB/FAS or C&F/CIF basis. No NOC required from Ministry of Shipping.
- Transition Period: Services of Chartering Wing available until 31.12.2015.
2. Compliance and Reporting
Government Departments/PSUs should:
- Comply: With the prescribed policy and procedures for arranging shipments.
- Report: Two copies of contracts and cargo particulars to Ministry of Shipping for further action.
Note: Ministry of Shipping, Chartering Wing, is available for assistance during the transition period.
Important Note
Ministries/Departments/PSUs should ensure that imports are cost-effective and judicious use of foreign exchange is made. Necessary NOC should be obtained from Ministry of Shipping for imports on C&F/CIF basis.
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