The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 52] NEW DELHI, MONDAY, APRIL 15, 1963/CHAITRA 25, 1885
MINISTRY OF COMMERCE & INDUSTRY
PUBLIC NOTICE
IMPORT TRADE CONTROL
New Delhi, the 15th April 1963
SUBJECT:—Export of Vanaspati/Hydrogenated Oil, Refined Vegetable Oils (includ-
ing Salad Oil) and Groundnut Oil
No. 31-ITC(PN)/63.—Attention Is invited to the Public Notice No. 160-ITC- (PN)/62, dated the 26th November, 1962. as amended vide Public Notices No. 170- ITC(PN)/62, dated the 31st December, 1962s l-ITC(PN)/63, dated the 5th January. 1963 and 23-ITC(PN)/63, dated the 23rd March, 1963 respectively issued by the Ministry of Commerce and Industry, New Delhi, on the above subject.
2. It has been decided to grant import licences for Copra/Palm Oil against exports of Castor Oil/Linseed Oil. The following new paragraphs may. there- fore, be added as Para 2(D) and 2(E) in the Public Notice No. 160-ITC(PN)/62, dated the 26th November, 1962: —
2(D) Castor Oil
(i) Exporters of Castor Oil will be eligible to obtain licences for Copra/ Palm Oil upto 10% of the f.o.b. value of exports.
(ii) Exporters of refined or perfumed (coloured or otherwise) or medicated Castor Oil will be eligible to obtain licences for Copra/Palm Oil upto 15% of the f.o.b. value of exports.
(iii) The above incentives will be allowed against exports effected from the date of issue of this Public Notice.
2(E) Linseed Oil
(i) Exporters of Linseed Oil will be eligible to obtain licences for Copra/ Palm Oil upto 20% of the f.o.b. value of exports.
15o THE GAZETTE OF INDIA EXTRAORDINARY [PART I—SEC. 1]3. It has also been decided that the percentage specified in para 2(B) (i) of the Public Notice No. 160-ITC(FN)/62, dated the 26th November, 1962, will be raised from 50% to 60%. Consequently, Industrial Units consuming groundnut oil or producing it or exporters of groundnut oil will be eligible to obtain import licences tor Copra/Palm Oil upto 60% of the f.o.b. value of exports of groundnut oil. This percentage will be allowed against exports effected from the date of issue of this Public Notice.
4. Public Notice No. 180-ITC(PN)/62, dated the 26th November, 1962, may be deemed to have been amended accordingly.
K. T. SATABAWAL.A,
Chief Controller of Imports & Exports.