{"id":5488,"date":"2018-03-16T18:00:51","date_gmt":"2018-03-16T12:30:51","guid":{"rendered":"https:\/\/www.hostbooks.com\/in\/?p=5488"},"modified":"2018-03-16T18:00:51","modified_gmt":"2018-03-16T12:30:51","slug":"rule-11q-computation-deemed-tonnage","status":"publish","type":"post","link":"https:\/\/www.hostbooks.com\/in\/hb\/all-rules\/rule-11q-computation-deemed-tonnage\/","title":{"rendered":"Rule &#8211; 11Q, Computation of deemed tonnage"},"content":{"rendered":"<p><strong>11Q<\/strong>. (1) For the purpose of the Explanation to sub-section (4) of section 115VG, deemed tonnage in respect of an arrangement of purchase of slots and slot charter shall be computed (illustrative formula given in Note 3 appearing after the corresponding Form No. 66) on the following basis :<\/p>\n<p style=\"padding-left: 30px;\">2.5 TEU = 1 Net Tonnage (1 NT)<\/p>\n<p style=\"padding-left: 30px;\">where TEU is Twenty foot Equivalent Unit (Container of this size)<\/p>\n<p>(2) Computation of deemed tonnage (illustrative formula given in Note 4 appearing after the corresponding Form No. 66) in respect of an arrangement of sharing of break-bulk vessel shall be made on the following basis :<\/p>\n<p style=\"padding-left: 30px;\">(i) in case where cargo is restricted by volume :<br \/>\n19 cubic meter (cbm) = 1 net tonnage (1 NT); and<br \/>\n(ii) in case where cargo is restricted by weight<br \/>\n14 metric tons = 1 net tonnage (1 NT)<\/p>\n<p>Reference: www.incometaxindia.gov.in<\/p>\n","protected":false},"excerpt":{"rendered":"<p>11Q. (1) For the purpose of the Explanation to sub-section (4) of section 115VG, deemed<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":68,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1439,1440],"tags":[],"yst_prominent_words":[7663,7655,7653,7650,7666,7656,7652,7649,7664,7660,7659,7667,7661,7654,3564,7658,7651,7662,7665,7657],"_links":{"self":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/5488"}],"collection":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/comments?post=5488"}],"version-history":[{"count":0,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/5488\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/media?parent=5488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/categories?post=5488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/tags?post=5488"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/yst_prominent_words?post=5488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}