Tag Archives: Shipbuilding

Guidelines for evaluating/awarding tenders for shipbuilding, dry-docking and ship repair works

Guidelines for evaluating/awarding tenders for shipbuilding, dry-docking and ship repair works The Government has issued guidelines for evaluating and awarding tenders for shipbuilding, dry-docking and ship repair works for Government departments or agencies including Public Sector Undertakings. As a step towards supporting Indian shipbuilding and ship-repair industry, the Union Cabinet had, on December 9, 2015,… Read More »

Inclusion of Shipbuilding and ship repair under Harmonized list

Shipyards undertaking shipbuilding and ship-repair to be included under the Harmonized list of Infrastructure sectors             The Institutional Mechanism on Infrastructure chaired by Secretary, Department of Economic Affairs has recommended inclusion of shipyards undertaking shipbuilding and ship-repair under the Harmonized list of Infrastructure Sectors. With this inclusion, the financial stress which the stand alone shipyards… Read More »

Govt Indirect Tax Incentives to Domestic Shipbuilding Industry

Ministry of Finance of Govt of India on 26-November, 2015 Government decides to provide further Indirect Tax Incentives to Domestic Shipbuilding Industry The Government has decided to provide further indirect tax incentives for domestic shipbuilding industry. Accordingly, the Central Government has issued Notification Nos. 44/2015-Central Excise, 45/2015-Central Excise, 54/2015-Customs and 55/2015-Customs all dated 24.11.2015 so… Read More »