Reduction in port tariff

26 Oct 2020 / Gujarat, India

SOPC rates [are] subject to escalation by Wholesale Price Index (WPI) from 1 April every financial year ad same has been implemented from 1 April 2020.

A proposal was submitted to the Government for waiving of the 1% WPI based charges for the period starting from 1/10/2020 to 31/03/2021. After careful consideration of the present situation and economic condition due to COVID-19, the Government has accorded approval to waive 1% WPI based charges for the period starting from 1 October 2020 to 31 March 2021 in the interest of the state and port users.

In view of the above, it is hereby informed to implement revised rate with effect from 1 October 2020 to 31 March 2021.

(For information about operations in India, contact GAC India at [email protected])

Source: Gujarat Maritime Board Office Order dated 23 October 2020

If quoting any content from Hot Port News, please cite GAC Hot Port News as the source.