The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 134] NEW DELHI, MONDAY, AUGUST 20, 1962/SRAVANA 29, 1884
MINISTRY OF COMMERCE AND INDUSTRY
RESOLUTION
TARIFFS
New Delhi, the 20th August, 1962
No. 4(1)-T.R/62,—The Tariff Commission has submitted Its Report on the Review of protection to the Antimony Industry on the basis of recommendation (3) accepted In Government of India, Ministry of Commerce and Industry Resolu- tion No. 4(l)-T.R,/68, dated the 27th October, 1958. Its recommendation is:—
The existing rates of protective duty, namely, 25 per cent ad valorem on crude antimony and 415 per cent ad valorem or Rs. 88.60 per quintal, whichever is higher, on antimony metal should be continued for the remaining period of protection granted to the industry, i.e. till 31st December, 1963.
2. Government accept this recommendation. As the Tariff Commission has not recommended any change either in the existing ad valorem duty or in the existing period of protection, no legislation will be undertaken in Parliament.
3. The Tariff Commission has also observed that Star Metal Refinery Limited has improved Its financial position and if the progress recorded during the last three years is maintained in future, the company may hope to improve further and stabilise its finances. The attention of the Star Metal Refinery Private Limited Bombay, Is invited to this observation.
ODDER
Ordered that a copy of the Resolution be communicated to all concerned and that it be published In the Gazette of India.
I I 46 THE GAZETTE OF INDIA EXTRAORDINARY [PART I - S EC I]