Clause 235(i): qualifying ship

235(i). qualifying ship.—"qualifying ship" means a ship or inland vessel, as the case may be, if— (i) it is a seagoing ship or vessel or inland vessel, as the case may be, of fifteen net tonnage or more; (ii) it is a ship registered under the Merchant Shipping Act, 1958, or a ship registered outside India in respect of which a licence has been issued by the Director-General of Shipping under section 406 or 407 of said Act or an inland vessel registered under the Inland Vessels Act, 2021, as the case may be; and (iii) a valid certificate in respect of such ship or inland vessel, as the case may be, indicating its net tonnage is in force, but does not include— (A) a seagoing ship or vessel or inland vessel, as the case may be, if the main purpose for which it is used is the provision of goods or services of a kind normally provided on land; (B) fishing vessels; (C) factory ships; (D) pleasure crafts; (E) harbour and river ferries; (F) offshore installations; and (G) a qualifying ship which is used as a fishing vessel for more than thirty days during a tax year;