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The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 150] NEW DELHI, TUESDAY, SEPTEMBER 26 ,1967/ASVINA 4, 1889

Separate paging is given to this part in order that it may be filed

as a separate compilation.

MINISTRY OF COMMEECB

PUBLIC NOTICE

IMPORT TRADE CONTROL

New Delhi, the 28th September 1967

SUBJECT-—Import of raw material*, camponents and spares by actual users during \April 1967—March 1968 period.

No. 128-ITC(PN)/67.—Attention is Invited to the Import policy for actual users as contained in Section I of the Import Trade Control Policy (Red Book) for the period April 1967—March 1968, according to which actual users (both In the large aud small-scale sectors) can submit their import applications for raw materials, components and spares during April 1967—March 1968 period after utilising the previous licences for raw materials, components and spares to the c::tent of 90 per cent by way of opening letters of credit or 60 per cent by way of actual Importation. Alongwith the applications, the actual users have to produce evidence at utilisation in the form of original or photostat of the Exchange Control or the Customs Copy of the licence, as the case may be-2. It has been represented that In certain cases the parties do not open letters of credit aid the actual importation of the goods also Gets delayed due to the closure of Suez Canal. The position has, therefore, been reviewed, and it has been decided that, for the present, the actual users will also be eligible to apply for import licences for raw materials, components and spares under the Import policy for the period April 1967—March 1968 after utilising their previous licences ( 5 8 1)

for raw materials, components and spores to tha extent of 70 per cent by shipment^ of fiocds. The documentary evidence to be produced in such cases should be the relevant bill of lading alongwith a declaration on a plain paper by the applicant that the bill of lading in question relates to the shipments effected against the particular import licence- (Number and date of import licence should be men- tioned in the declaration).

3- The policy for import of raw materials, components and spares by actual users lor the period April 1967—March 1968 may be deemed to have been amended accordingly.

P. D. KASBEKAR.

Chief Controller of Imports and Exports.