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REGISTERED No. D. 221

The Gazette of India

PUBLISHED BY AUTHORITY.

EXTRAORDINARY

PART I—Section I

No. 191] NEW DELHI, TUESDAY, DECEMBER 5" 1967/AGRAHAYANA 4- 1889

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

as a separate compilation.

MINISTRY OF STEEL, MINES AND METALS

(Department of Mines end Metals)

RESOLUTION

New Delhi, the 5th December 1967

No. F.3(l)Met./66.—M/s. Star Metal Refinery Private Ltd., Bombay, represented to Government In January, 1964 that the price of imported ores of antimony had gone up since 1963 when the Tariff Commission submitted its last report. The Company accordingly requested that the price of metal produced by them should be fixed by the Government according to the formula laid down by the Tariff Commission. The matter was examined by the Government of India and the Tariff Commission was requested under Section 12(d) of the Tariff Commission Act, 1955 to enquire into the fair price for the antimony metal produced by the Company and submit a report to Government.

2, The Tariff Commission submitted its report on the fair selling price of antimony on the 27th June, 1966 wherein the following recommendations have been made:—

(() The domestic demand for antimony metal is estimated at 1250 tonnes for 1966, 1325 tonnes for 1967 and 1400 tonnes for 1968.

(ii) Intensive research should be undertaken by our research laboratories to find out an indegeneous substitute for antimony metal. (ill) Since it is not desirable to rely on one source of supply alone it is very necessary that the producer should explore all possibilities with the help of the Government of India to obtain antimony ore from other countries. ( 7 4 9) 7 5O THE GAZE] IE OF IXDIA EXTRAORDINARY [PARI I-SEG. I]

(IV) In view of its strategic importance, more intensive and speedier efforts by the Geological Survey of India are needed to locate workable deposits of antimony ore in this country.

(v) The Commission on sales to all consumers should be uniform at Rs. 1 • SO per 50 Kgs.

(vi) Changes in the prices of Star Metal Refinery should be effected only once in 9 months on 1st January, and 1st July based on the average contracted prices of ore during the immediate preceding period; subject, howeVer, to any earlier adjustment which may be necessitated by changes in fiscal ' levies.

t (vii) The fair price payable to Star Metal Refinery for the first six months' price period, from 1st July to 31st December, 1966, should be at the rate of Rs. 7490 per tonne (Rs. 7'49 per kg.) of antimony metal ex-works, the fair prices for the subsequent six-monthly periods to be fixed by Govern- ment on the basis of the formula given in paragraph 10-1 to 10-4 of the report.

(viii) Star Metal Refinery should get in touch with the National Metallurgical Laboratory, Jamshedpur, and explore the possibilities of increasing recovery of metal from antimony ore.

3. The Government have taken note of recommendations (i), (it) and (iv) arid steps will be taken to implement them to the extent possible.

4. The Government have taken note of recommendation (ili) and will bring it to the notice of the Star Metal Refinery Private Ltd., Bombay, and the M.M.T.C.

5. The Government have given careful consideration to recommendations (v), (vi) and (vii) and having regard to the circumstances, have accepted them.

6. Tho Government have taken note of recommendation (viii) and will lake steps to bring it to the notice of the Star Metal Refinery Private Ltd. and the National Metallur- gical Laboratory, Jamshedpur,

ORDER

Ordered that the Resolution be published in the Gazette of India and a copy of It be communicate'd to all concerned.

N. C. SHRIVASTAVA. SecyPRINTED IN INDIA BY THE GENERAL MANAGER, GOVERNMENT OF INDIA PRESS. •™ • BY ' OF PUBLICATIONS, DELHI, 1967