REGISTERED No. D. 221

The Gazette of India

EXTRAORDINARY

PART I—Section I

PUBLISHED BY AUTHORITY

No.

18]

NEW DELHI, MONDAY, JANUARY 17, 1966/PAUSA 27, 1887

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 15th January 1966

SUBJECT.—Import Policy for textile machinery and apparatus etc., for the period

April 1965—March 1966.

No. 10-ITC(PN)/66.—Attention is invited to the

import policy for textile

machinery and apparatus falling under S. No. 5/III of the I.T.C. Schedule as given

in Section II and in Appendix 50 to the Import Trade Control Policy Book for the

period April 1965—March 1966.

2. In order to give further impetus to import substitution and in view of the

indigenous production, the policy for the import of—

(i) draw frames for cotton textiles;

(ii) speed frames for cotton textiles; and

(iii) worsted spindles or worsted spinning frames for spinning

worsted

woollen yarn has been reviewed and it has been decided that:—

(a) Licences for the import of above mentioned machinery to any cate-

gory of importers will be issued subject to the condition that the

licensees shall

also purchase these machines from

indigenous

manufacturers equal in number to that recommended by the Tex-

tile Commissioner, Bombay for import. Applicants who have applied

( 4 3 )

44

THE GAZETTE OF INDIA EXTRAOKSINAftY

[PACT Ir-fac. 1]

for import licences for these items of machinery should therefore

place firm orders with the indigenous manufacturers for the pur-

chase of one indigenous machine against one of such machine re-

commended for import. They should furnish to the Textile Com-

missioner, Bombay a copy of the order placed by them accompanied

by the deposit receipt for 10% of the price of the

indigenous

machines together with irrevocable letter of credit or bank guaran-

tee in favour of the indigenous manufacturer for 40% of the price

of the indigenous machines.

On production of these

documents

the Textile Commissioner will issue a certificate that these steps

have been taken by the applicant.

The applicant should furnish

the said certificate to the licensing authority concerned. The appli-

cations for licences will be considered by the licensing

authority

only on receipt of such certificate.

(b) Licences already issue-1 for the import of above mentioned items of

machinery to any category of importers will also be subject to the

condition that the licensee shall purchase one indigenous machine

against one of such machine aTowed for import.

The

licensees

shall bf permitted to effect imports of theee machines against their

licences only after they place firm orders on the indigenous manu-

facturers for tftc purchase of indigenous machines in question, pro-

duce a copy of that order with other documents as indicated at (a)

above, to the Textile Commissioner, Bombay, obtain the lequired

certificate from the Textile Commissioner,

Bombay and produce

the .said certificate to the licensing authority concerned on or before

2flth February 1966-

(c) The breach of any condition of the import licence including the con-

dition to purchase indigenous machinery ha the manner refer: ed to

at (a) & (b) above will make the imported machinery liable to con-

fiscation under the Customs Act 1962 without prejudice

to any

other action Uiat rjiay be taken against the licensee under any law

rul'-, order or regulation.

(d) The policy and the conditions mentioned at (a), (b) and (c) above

will apply to all import licences issued fo^ the above mentioned

items of machinery whether for replacement purposes or for new/

expansion units.

(e) In future, no applications for import of the above [mentioned item*

of machinery will be considered from any category of importers,

P. SABANAYAGAM,

Chief Controller of Imports 4 Exports.

PKENTID IN INDIA BY THE GENERAL MANAGER, GOVERNMENT OT INDIA PRESS,

NIW DILBI AND PUBLISHED BY THI MANAGER OF PUBLICATIONS, DELHI, 1966