charter hire charges. It was further submitted that the assessee has chartered
the vessel, Smit Borneo, to BOC BV on a time charter basis. Assessee ... disposal of the charterer; and (iii)
the charterer had the right to use the ship, select the time and decide the route
voyage charterparty", and the latter, a "time
charterparty". A time charter, according to the author, is
one in which the ownership ... reason by the
charterer, then the charterer is not required to pay the
agreed freight but the charterer may be called upon to pay
damages
veil is made
out. The applicant claimed to be only the Time Charter of
defendant No.1 - Vessel under the Time Charter party dated ... claim of defendant No.2 that it was only a Time Charter of
defendant No.1 was put in contest. Applicability of the Hague
Visby
veil is made
out. The applicant claimed to be only the Time Charter of
defendant No.1 - Vessel under the Time Charter party dated ... claim of defendant No.2 that it was only a Time Charter of
defendant No.1 was put in contest. Applicability of the Hague
Visby
demise may be for time or for a particular voyage. In modern times, however,
charters by way of demise are invariably expressed ... charters by demise. These
expressions serve to distinguish such charters from voyage charters, but they do
not in themselves characterize such charters as chatters
quantity etc. as per details mentioned in the invoices
and on time chartered basis for lump sum amount for the specific period as
per detail ... case of
M/s Laxmi Enterprises it was collected on time chartered basis by charging
lump sum amount for specific period i.e per month
charging an amount per MT for specific period or on time chartered
basis i.e. fixed amount for specified duration say month etc. Thus ... barge to its clients by
charging amount for certain period on time chartered basis and the clients
5
ST/12251/2013-DB
had used such
explained that during the year
2010-11, the vessels were in time charter basis and accordingly, it had incurred
crew wages. Some of the crew ... relating to the year 2010-11 when the vessels were on time charter
basis. The invoices raised by SVS Marine Services
adjudication in the said case was whether payments made under time charter
agreement amounted to royalty falling under clause (iva) of Explanation 2 to
section
addition, Respondent No. 1 was informed of a time
charter agreement executed between Petitioner and Hindustan Petroleum
Corporation Limited for transportation of LPG. After considering
