The Gazette of India
EXTRAORDINARY
PART I—Section I
PUBLISHED BY AUTHORITY
No. 57] NEW DELHI, WEDNESDAY, MARCH 30, 1966/CHAITRA 9, 1888
Separate paging is given to this Part in order that it may be filed
as a separate compilation.
MINISTRY OF COMMERCE
PUBLIC NOTICES
IMPORT TRADE CONTROL
New Delhi, the 30th March 1966 SUBJECT.—Conversion of actual user licences for raw materials, components, spares and non-ferrous metals for April 1965—March 1966 and April 1966— March 1967 period for importing steel and vice-versa.
No, 41-ITC(PN)/66.—With a view to providing flexibility to Actual Users in the utilisation of foreign exchange, it has been decided that import licences issued to Actual Users (scheduled and non-scheduled including small scale) against free foreign exchange for raw materials, components, spares, non-ferrous metals and steel for the periods April 1965—March 1966 and April 1966—March 1967 will be valid for import of items as indicated below :—
1^4 THE GAZETTE OF INDIA EXTRAORDINARY [PAMT I-S"C. If (U) Import licences issued to actual users for steel for the periods April1065—March 1966 and April 1966—March 1967 will also be valid for import of raw materials, components, spares and. non-ferrous metals within the face value of the licence. This facility will be available only for import of such items of raw materials, components, spares and non-ferrous metals for which the licensee has been or may be granted Actual User licences for all or any of the licensing periods April 1964—March 1985, April 1965—March 1966 and April 1966— March 1967. Other items of raw materials, components, spares and non-ferrous metals for which the licensee has not obtained Actual User licences for any of these three periods, will not be allowed to be imported against the import licences for steel.
(Ill) Import licences issued to Actual Users against free foreign exchange for the periods April 1965—March 1966 and April 1966—March 1967 for import of raw materials, spares, components, non-ferrous metals and steel will automatically be valid for utilisation In the manner indicated in sub-paras (i) and (ii) above. It will not be necessary for the licensee to get a specific endorsement from the licensing authority for this purpose. At the time of clearance, the licensees will be required to produce to the Customs authorities the necessary evidence to enable them to allow import of items permissible in terms of sub-paras (i) and (Ii) above.
2. Attention of the importers is also invited to paragraph 84 in the amend- ments to Chapter IV on Actual~YJsers in the Booklet containing amendment* to the Import Trade Control Hand Book of Rules and Procedure 1964, published under Ministry of Commerce Public Notice No. 47-ITC(PN)/65, dated the 15th July, 1965, according to which the Actual Users have been allowed to import, within the overall face value of the licence, more or less of any Item of raw materials, components and spares covered by the licence, provided the import oil such item does not exceed 25% of the quantity/value limit of the Items given in the licence. With a view to providing greater flexibility to the Actual Users, it has been decided that Actual Users holding import licences for raw materials, components and spares for the periods April 1965—March 1966 and April 1966— March 1967 can Import any item covered by the licence without any limit of quantity or value, provided the total import does not exceed the overall face value of the licence. Sub-paras l(a) and Kb) of para 84 in the Booklet of Amendments as referred to. may, therefore, be deemed to have been emended accordingly. The other provisions contained in the said paragraph 84 will remain unaltered. SUBJECT Import policy for books, periodicals and journals falling under S. No.
169-170/IV, for the period April 1965—March 1966.
No 43-ITC(PN)/6<}.—Attention of importers is invited to the import policy for Books, periodicals and journals indicated against S. No. 169-170/IV, In Section II of the Import Pollry Book for the period April 1965—March 1966 as subsequently amended by Ministry of Commerce Public Notice No. 18-ITC(PN)/ 66 dated the 22nd January, 1966, which provided for issue of licences on a quota of 50 per cent and also supplementary licences subject to specified conditions.