REGISTERED No.:
The Gazette
of India
RXTRAORDINARY
PUBLISHED BY AUTHORITY
NEW DELHI , MONDAY , APRIL 18, 1949
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE
RESOLUTION
TARIFFS
New Delhi , the 18th April 1949
No. 36(2)-T.B./49 . The tariff protection, granted to the artificial silk and cotton and artificial silk mixed fabrics industry was due to expire at the end of March 1949. The Government of India in Ministry of Commerce Reso- lution No. 184- T(19)/ 47 , dated the 10th April 1948 asked the Tariff Board to investigate and report whether the protection should be continued or not and if it was to be continued whether any modifications were necessary .
2. The Tariff Board having considered the matter has submitted its report . The recommendations are as follows :-
(i) The present rates of duty on artificial silk and mixed fabrics should be continued for another two years , that is , until the 81st March 1951 .
( ii) There is no case for a reduction in the import duty on artificial silk yarn .
(iii) All facilities which are normally extended to new industries should be given to Rayon mills which are being set up .
(iv) Government should encourage export of artificial silk fabrics to Pakistan and other neighbouring countries , but there is no case for refund of duty on yarn which is contained in the exported fabrics .
(v) Government should give facilities to the industry for importing first and second class quality yarn , so that the indigenous fabrics which will be produced may be of the same quality as the imported fabrics .
(vi) Government should assist the industry in importing up - to- date machinery.
3. Government accept all the recommendations . The Tariff Act has been amended during the current Legislative Session to secure the extension of the period of protection to the industry up to the 31st March 1951. Steps will be taken to implement the other recommendations .
C. O. DESAI, Secy.
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