KOLKATA PORT TRUST

Special Rate :

1. To meet the liability accrued upto 31st December 2000 on account of arrears of salary, wages and retirement benefits arising out of various Govt.Orders in this regard, a special rate as a percentage of the various charges notified in the Scale of Rates under Part-I to Part-II shall be levied for a period of 4 years commencing from the financial year 2001-2002. This rate shall also be levied on the Haulage charges on Railway activity (not covered in Parts I to VII) in force from time to time.
2. The special rate for the financial years 2001-2002 and 2002-2003 shall be @ 10% of the respective charges payable by Port users. The quantum of the special rate for subsequent periods shall be fixed the Tariff Authority for Major Ports after a review of the financial position at the end of the initial two-year period.
3. The Calcutta Port Trust shall apply the revenue generated through this special rate only for the specified purpose. This revenue shall not be utilised fro recoupment of expenditure already incurred for this purpose for own fund. For this purpose, the Calcutta Port Trust shall maintain a separate account covering the receipts and payaments in this regard.

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