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REGISTERED No. D. 221

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 2] NEW DELHI, WEDNESDAY, JANUARY 3, 1968/PAUSA 12, 1889

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

as a separate compilation.

MINISTRY OP COMMERCE

PUBLIC NOTICE

IMPORT TRADE CONTROL

New Delhi, the 3rd January 1968

SUBJECT.—Import of capital goods (balancing equipment) against the U.K. Kip ping Loan.

No. 2-ITC(PN)/68.—The U.K. Government have made available as part of the assistance for Indian economic development, a loan of £ 5 million (Rs. 9"0 crores The loan is primarily to be used for improving the operating efficiency of the manufacturers in India who traditionally look to Britain for supplies of equi pment and maintenance spares.

2. It has been decided that a part of this loan may be used for issue of licenc to actual users both in the scheduled and non-scheduled sectors including smi scale industries, for import of minor balancing equipments needed by them maximise utilisation of equipment already in use. The amount available for purpose being small as against the demand from entrepreneurs using machin ( 9) 10 JHE GAZETTE OK INDIA EXTRAORDINARY [PART I-SHC. I]

of British origin, it has been decided to consider applications only in those cases where: —

(i) the equipment in use Is mainly of British origin; and

(ii) the va⁷ue of the equipments sought to be imported is small in relation to the equipment already in use and does not, ordinarily, exceed £ 30,000 c.i.f. in value.

The applicants should furnish the total value of machinery of British origin currently in use in their factory and such other information as may be necessary to justify import from U.K. under Kipping Loan.

3. The terms and conditions applicable to the licences issued against this loan are the same as given in Annexure II to Ministry of Commerce Public Notice No l-ITC (PN)/68 dated 1st January, 1968.

4. Tn.e applications from eligible actual users for the import of minor balanc- ing equipments in terms of this Public Notice may be submitted In the prescribed form and manner (Form E) to the Chief Controller of Imports and Exports, New Delhi (Special Cell) as ear.'y as possible, but in any case not later than 31st January, 1968.

P. D. KASBEKAR,

Chief Controller of Imports and Exports.

P E W T ID IN INDIA BY THIS GENERAL MANA0KR, GOVERNMENT OF INDIA PRSBB, NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS, DELHI, 1 9 68