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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:—

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.