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
under consideration. The particular features and factual data relevant to the time charter party agreement entered into with Exmar NV of Belgium are as follows ... ship at a safe port Libya or Italy and after the time charter, it provides that the vessel will be redelivered by the charterers
following
contracts for provision of vessels on time charter basis :
Charterers Vessel Name Charter period
From To
BG Exploration & Production PW Natuna & POSH ... chartering out
Maritime Vanguard Pte Ltd. 8
ITA No. 6642/Mum/2018
vessels along with crew to the charterers on a time charter basis
chartering vessels on voyage
charter basis from third parties and continued thereafter also. The AE
charters the vessels on time charter basis ... Meteora on time charter basis
and the same was chartered by AE to third party customer (British
Marine Plc.) on time charter basis
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
this charter and the charterers
shall indemnify the owners against all consequences or liabilities which may
arise from any inconsistency between this charter ... shall be at
Charterers expense. The Charterers shall have the use of any gear on
board the vessel. If required by Charterers, the vessel shall
this charter and the charterers
shall indemnify the owners against all consequences or liabilities which may
arise from any inconsistency between this charter ... shall be at
Charterers expense. The Charterers shall have the use of any gear on
board the vessel. If required by Charterers, the vessel shall
this charter and the charterers
shall indemnify the owners against all consequences or liabilities which may
arise from any inconsistency between this charter ... shall be at
Charterers expense. The Charterers shall have the use of any gear on
board the vessel. If required by Charterers, the vessel shall
this charter and the charterers
shall indemnify the owners against all consequences or liabilities which may
arise from any inconsistency between this charter ... shall be at
Charterers expense. The Charterers shall have the use of any gear on
board the vessel. If required by Charterers, the vessel shall
