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DGS Order 10 of 2014 - Indian Controlled Tonnage
Applicable to:
Indian shipowners and companies
Effective Date:
23rd July, 2014
Superseded Circulars:
None
Key Changes and Requirements
1. Indian Controlled Tonnage — Facilitating Indian tonnage growth
This order aims to encourage Indian controlled tonnage owned by Indian entities and flagged outside the country to facilitate access to finance and business abroad.
- Conditions: The company must maintain its Indian flag tonnage, not exceed its owned tonnage under the Indian flag, and engage a minimum of 50% Indian crew.
- Training Commitment: Companies must provide structured shipboard training slots indexed to the tonnage tax training commitment.
- Chartering Priority: Such ships shall be treated as 'Indian controlled ships' and given priority over non-Indian ships.
II/4 Companies availing this scheme must forward details to the Tonnage Tax Cell of the Directorate General of Shipping, Govt of India, Mumbai, on 1st April and 1st October every year.
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