8B.14
- Document type
- Manual
- Dated
- Category
- Exchange Management Manual
Remittance of Demurrage
(i) Application for remittance of demurrage including demurrage in respect of FOB Exports and CIF/C&F imports may be allowed by authorised dealers subject to submission of the following documents : a) Sale contract
(ii) In case of application orf remittance of demurrage in respect of contracts on terms other than CIF exports or FOB/FAS imports by Central/State Governments, Government and Public Sector Undertakings and autonomous bodies, a No Objection Certificate from TRANSCHART (chartering wing of Ministry of Surface Transport) should be insisted upon before allowing any remittance.
b) Charter Party Agreement (to be insisted upon only in the cases when in the sale/purchase agreement there is a specific reference to Charter Party Agreement)
c) Notice of readiness
d) Lay time statement/statement of facts or
e) Survey report
f) Work sheet for demurrage calculation
g) Copy of Bill of Lading
h) Certified copy of bill of entry (in respect of imports)
i) Undertaking/certificate in respect of payment of Income-tax (cf. paragraph 3B.10).