P&H High Court: Re-Investigation Cannot Nullify Existing Acquittal Despite Breach of Stay Order  ||  Gujarat HC: Illegal Mining Vehicle Complaints Must Be Filed Before Sessions Court, Not Magistrate  ||  Delhi High Court Lays Down Registry Directions for Dealing with Insufficiently Stamped Arbitral Award  ||  Delhi High Court: Victims Need No Leave to Appeal Acquittal or Conviction for Lesser Offence  ||  SC: Limitation Act Inapplicable to Revisions under Karnataka Land Revenue Act  ||  SC: Banks Can Invoke SARFAESI for Loans Acquired from NBFCs Outside the Act  ||  SC: Gujarat Prohibition Act Does not Bar Interim Seized Vehicle Release  ||  Supreme Court Quashes Rs. 425-Crore Customs Penalty Based on AI-Generated Fake Case Laws  ||  SC: Guilt cannot be Presumed Solely Due to Collusion Allegations against Investigating Officer  ||  SC: Clarificatory Statement Does Not Constitute a Binding Undertaking for Contempt Proceedings    

Dollar linked coastal tariff put in abeyance - (16 May 2016)

MANU/PIBU/0444/2016

Commercial

The Ministry of Shipping has put on hold instructions requiring coastal vessels take into account exchange rate fluctuations between the rupee and the dollar. The instruction had been issued to enable limited parity between coastal charges for different vessels.

However, the Traffic Authority for Major Ports observed vessel and container rates increasing dramatically, as compared to pre-revised rates, after the policy came into effect.

Tags : SHIPPING   COASTAL RATES   DOLLAR LINKED  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved