Blog Preview

नौमनि परिपत्र संख्या 14/2024

Applicable to: All Indian ship owners, ship managers, and seafarers
Effective Date: 2024-06-26
Superseded Circulars: None mentioned

Key Changes and Requirements

1. Mandatory Tonnage Tax Compliance

All Indian flag vessels under the Tonnage Tax Scheme must comply with the following:

  • Annual Return: Submit annually by 30th June
  • Audited Accounts: Submit audited accounts annually by 31st August
II/4  Tonnage Tax Scheme, 2023-24 (Assessment Year 2024-25)
Important Note

Non-compliance may result in penalties as per the Merchant Shipping Act, 1958.

Download official PDF

Want to learn and share your knowledge about the maritime world?

Explore the Blog app on Navvyx - Get maritime insights from across the world in one place.