REGISTERED No. D. 221 जिस्ट्री सं ० डी. 221
भारत को राजपत्र
The Gazette of India
असाधारण
EXTRAORDINARY
भाग I-खण्ड 1
PART I- Section I
1
प्राधिकार से प्रकाशित
PUBLISHED BY AUTHORITY
सं० 27]
नई विल्लो , मंगलवार , मार्च 23 , 1965 /क्षेत्र 2, 1887
No. 27]
NEW DELHI , TUESDAY , MARCH 23 , 1965/ CHAITRA 2 , 1887
इस भाग में भिन्न पृष्ठ संख्या की जाती है जिससे कि यह अलग संकलन के रूप में रखा जा सके ।
Separate paging is given to this Part in order that it may be filed as a separate compilation
MINISTRY OF COMMERCE
PUBLIC NOTICE
IMPORT TRADE CONTROL
New Delhi , the 23rd March 1965
SUBJECT . Import of machinery , components thereof , equipment , other commodities and raw materials from the U.S.A. , under AID Loan No. 103 .
No. 17 - ITC ( PN ) /65.-Attention is invited to public Notice No. 52 - ITC ( PN ) / 64 , dated the 24th June , 1964 (as amended from time to time) setting out the condi- tions applicable to import licences under U.S. AID Loan No. 103 .
2. Under clause ( x ) of the Appendix to the aforesaid Public Notice , the im- porters are required to ensure that where the prices include commission for the local distributor ( i.e. the Agent Company in India) , the contract entered into with the U.S. Supplier provides that the Agent's Commission is deducted from the con- tract prices, to be settled in rupees in India between the Agent and the importer. This implies thatmat prior to entering into contract , the importer should specifically ascertain from the U.S. Supplier concerned whether the latter has his Agent in India and whether payment of Agent's Commission is involved . Importers should keep this requirement in view for strict compliance while entering into contracts with U.S. Suppliers against their AID licences . The importers should also instruct the U.S. Suppliers to indicate specifically the amount of Agency Commission , in their invoices and supplier's certificate.
P. SABANAYAGAM .
Chief Controller of Imports and Exports .
( 151 )
PRINTED IN INDIA BY THE GENERAL MANAGER , GOVERNMENT OF INDIA PRESS . NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS , DELHI , 1965