voyage charterparty', and in the latter a 'time
charterparty' ". A time charter, according to the
949
author ... time charters (not by way of demise), and
(iii) voyage charters. Sometimes categories (i) and (ii)
are both referred to as time charters as distinguished
requirements at the Charterers’ sole
expenses and the Charterers shall indemnify the Owners against
all consequences whatsoever (including loss of time) for any
failure ... arrangement may correctly
be termed a “bareboat” charter. The charterers become for the
duration of the charter the de facto “owners” of the vessel
right in holding that the payment made for taking ship on time chartered basis would constitute "royalty" as defined under Section ... within the time limit, but served after the expiry of the time limit, the assessment could not be set aside as time barred. Aggrieved
charter. Demise charter is one wherein, in return for payment of hire, the possession of the chartered ship is given to the charterer; the charterer ... charter, in essence, contracts for providing service. Thus the question as to whether a particular charter is a charter by demise or made the charterer
that the
bunkering statement was issued because the vessel was on
time charter to Transatlantica and it was the obligation of the
said time charterers ... contended
that the respondent entered into a Time Charterparty dated
11 July 2016 with the time charterers, Transatlantica
Commodities S.A., for the charter
three kinds viz. (a) Time
4
Charter, (b) Bareboat Charter or Charter by Demise, and (c) Voyage
Charter. Time charter and voyage charter are contracts ... types of
Charter Party Agreements like demise charter and voyage charter.
Under a demise charter, the owner leases his ship to the charterer
them. The vessel M. t. VALOR was on a time charter with
Bryggen Shipping International AS ("Bryggen"); Bryggen ordered bunkers
from Bergen Bunkers ... common knowledge that in a time charter,
the bunker is supplied by the charterer. It is the charterer who pays for it. In
fact
Taxability of receipts on hire of vessel on time charter basis of Rs.30,45,66,351/-
2. erred in holding that charges received ... account of time charter services rendered by
the Appellant for the vessel 'Smit Borneo' to Leighton India Contractors Private Limited
in India were
organising and co-ordinating the
shipments. Accordingly ESL entered into time charter agreement for
five out of the six vessels which form the subject matter ... reimbursement of expenses
incurred by ESL from time to time for hire of vessels on time charter
basis on account of EGL. Therefore
BIMCO Supply time
charterparty (Hereinafter referred to as "Time
Charterparty"). As per clause 43 of the Time-charterparty,
the Time Charterparty ... Siem Marlin on bareboat
Charter to the Charterers / owners of the Defendant vessel
under the Bare Boat charterparty;
b. The Charterers / owners of the Defendant
