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Extraordinary Gazette of India · Government of India

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Published 18 November 1968

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रजिस्ट्री सं ० डी ० 221

_REGISTERED No. D. 221

भारत का राजपत्र The Gazette of India

असाधारण

EXTRAORDINARY

भाग 1-- खण्ड 1

PART I- Section 1

प्राधिकार से प्रकाशित

PUBLISHED BY AUTHORITY

नई दिल्ली, सोमवार, नवम्बर 18 , 1968 / कार्तिक 27 , 1890 सं० 219]

No. 219 ] NEW DELHI , MONDAY , NOVEMBER 18 , 1968 /KARTIKA 27 , 1890

इस भाग में भिन्न पृष्ठ संख्या की जाती है जिससे कि यह अलग संकलन के रूप में रखा जा सके ।

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 18th November 1968

SUBJECT : -Import Policy for Registered Exporters for the year April , 1968-March , 1969 .

No. 249 - ITC ( PN ) / 68 .--Attention is invited to the Import Policy for Registered Exporters contained in Volume II of the Import Control Policy Book (Red Book) For the year April , 1968- March , 1969 issued under the Ministry of Commerce Public Notice No. 50 - ITC ( PN ) / 68 dated the 1st April , 1968 .

( 2) " Mechanical trolleys " are classifiable under the product Group " A. ENGINFEP NG GOODS" and fall under S. No. A. 80. This may be inserted alphabetic the index of the above Red Book on pages lii to xxxii ,

in (3) The number of the Public Notice viz . , 186 - ITC ( PN ) / 68 mentioned para 4 of Public Notice No. 229 - ITC ( PN ) / 68 dated 19-10-68 may be amended to read as 194 - ITC ( PN) / 68

SUBJECT : -Import Policy for Registered Exporters for the year April , 1968-March 1969 . for the No. 250 - ITC ( PN ) / 68 .-- Attention is invited to the Import Policy Registered Exporters contained in Volume II of the Import Trade Control Policy Book (Red Book) for the year April '68-March '69 issued under thethe Ministry of Commerce Public Notice No. 50 - ITC ( PN ) / 68 dated 1-4-68 , as amended from time to time.

(933 ) THE GAZETTE OF INDIA EXTRAORDINARY [PART I- SEC . 1 ] 934

(2) Para 18 ( a ) of the Section I of the Volume II of the said Red Book con- tains a provision relating to the import of permissible types of jigs and tools and equipment for packing and tagging .

(3) It has now been decided that there would be no objection to allowing per- missible types of testing instruments and equipment under the provisions of the aforesaid paга,

(4) In view of the above , para 18 (a) of the Section I of the aforesaid Policy Book may be substituted by the following:-

" 18 ( a) an amount not exceeding 20 per cent of the value of the licence or one lakh of rupees , whichever is less , for import of permissible types of jigs , tools , testing instruments and equipment , and , equipment for packing and tagging ; and"

SUBJECT :-Import Policy for Registered exporters for the period April 1968-March , 969 certification of exports by the exporter's banks in the prescribed form .

No. 251 - ITC ( PN ) /68.-Attention is invited to Chapter V of the Import Trade Control Hand Book of Rules and Procedure 1968 relating to the procedure for claiming replenishment licences under the Import Policy for Registered Exporters , In para 111 thereof, the procedure regarding certification of exports by the exporters' banks has been laid down . The specimen forms of the Bank Certificate of exports are at Annexure III to Appendix 4 of the aforesaid Hand Book of Rules & Procedure.

2. The forms of bank certificate have now been reviewed and it has been decid- ed that the existing forms may be substituted by revised Bank Certificate forms. The specimen form of the revised Bank Certificate relating to the following types of exports are enclosed :

Form No. 1 relating to exports on the basis of outright sale of items other than gem and jewellery and cinematographic films items;

Form No. 2 relating to exports on consignment basis of items other than gem and jewellery and cinematographic films;

Form No. 1 will be used in the case of outright sale.

Form No. 2 will be used in the case of exports made on consignment basis and will be certifled by the bank concerned only after the exports sale proceeds have been realised and surrendered to the Indian Exchange Control .

3. As per paras 111 ( 3 ) and 111 ( 5 ) , as modified by Public Notice No. 203 - ITC- (PN)/68 dated 17th September 1968 , the exporter's banks after countersigning the declaration of exports are to pass on one copy of the declaration along with a copy of the invoice to the licensing authority named in the declaration, hand over one copy to the exporter and retain the third copy for their own record. The exporter at the time of submitting his application for grant of replenishment licences in ac- cordance with the prescribed time schedule has to quotee inin thethe application the number and the date of the certificates issued by the banks for each of the ship- ments covered in the application and has also to enclose a copy of each of such Bank Certificates with the application.

4. On representations having been received from various trade organisations , the provisions referred to in para 3 above have been reviewed and it has now been decided that the banks, after verifying and countersigning the certificate in the enclosed forms will , instead of passing on the original certificate direct to the licensing authority . hand over the same to the exporter concerned along with the relevant copy of the bank attested invoice . The exporter will , at the time of submission of the application for grant of replenishment licence , enclose the original certificates andand relevant copies of the bank attested invoices received by him from his bank . The other documents like Customs attested Shipping Bills etc. will continue to be submitted by the exporters along with their applications In the case of exports on consignment basis exporters will also be required to submit with their applications original Bill of Lading /PP Receipt/ Airway bill and also evidence regarding insurance.

THE GAZETTE OF INDIA EXTRAORDINARY

[PART I- SEC 1 ]

935

5.It has also been decided that where the banks do not verify the freight and/ or insurance charges in the bank certificate , it will be incumbent upon the exporters to submt along with their application for replenishment licence , documentary evidence indicating freight and insurance charges . Where they fail to do so, the licensing authorities will make their own assessment of these charges i.e. , freight and insurance charges and make suitable deductions on that account from c.i.f./ C& F value for the purpose of arriving at the f.o.b. value .

6. Attention of the Registered Exporters is also invited to para 115 of the afore- said Hand Book . In consequence of the amendment in the procedure referred to in para 4 above , the bank certificate and bank attested copy of the invoice will now have to be submitted along with the application in the case of exports of goods except (1 ) gem and jewellery items ; ( 11) cinematographic films ( ex 'osed); ( iii) books , Journals and periodicals by post ; and ( iv ) exports by V.P.P. Thus , in terms of para 115 of the Hand Book , the applications relating to the exports of Books, journals and periodicals by post ; and ( iv) exports by V.P.P. Thus, in documents are not enclosed with the application and are received subsequently after the prescribed last date for receipt of application:-

(a) Treasury Challan for Rs . 50;

(b) One copy of the shipping bill in respect of each shipment duly authen- ticated by the Customs ;

(c) Bank Certificate in original in appropriate form; and

(d) Bank attested copy of the exporter's invoice .

7. The above decisions will be applicable in respect of exports effected on or after 1-1-1969 excepting in the case of gem and jewellery items and cinemato- graphic films .

(FORM No 1) .

BANK CERTIFICATE OF EXPORTS .

To Ve

936

(Name and address of the Licensing Authority)

(Name and address of the exporter ) hereby declare that we have forwarded a documentary export bill to-- (Name and address of the Bank ie . Branch and city ) for collection/ negotiation / purchase as per particulars given here- under-

Invoice No &

date

Description of Bill of lading/ goods .

Freight amount

GRI /PP form No.

F.o.b. eqiva lent

Insurance amount .

Bill amount c.i.f./C&F/ f.o.b.

Destination of goods

PP Receipts / Airways Bill No. & date .

I

2

3

4 6

8

9

7

5

We further declare that the aforesaid particulars are correct and that they relate to an outright sale . Copies of invoices relevant to these exports are attached .

Ref. No.

Date .

Place.

(Signature of the exporter ) .

Bank's certificate.

This is to certify that we have negotiated /purchased/ sent for collection the above mentioned documentary export bill dra vn by M / s ..... .for the amount mentioned in Column 5 above .

We have vedel:- * i) the anoint of freight mentioned in Column 6 above ; and

ii) the amount of Insurance mentioned in Column 7 above .

*Delete where not applicable .

(Signature of the Bankers) .

Official Stamp

Full Address of the Bankers . (Branch & City).

[PARTI-SEC.1] (FORM No. 2)

BANK CERTIFICATE OF EXPORTS .

To...

(Name and address of the Licensing Authority) .

[PARTI-SEC.1] We declare that we had effected the export on consignment basis and have received (Name and address of the exporter) hereby dec the proceeds in part/ in full there against as per particulars given below:-

Invoice value.

Provisional Invoice No. & date ,

G.I./PP

Form No.

Destination ofgoods .

Description of goods .

Bill of lading/ PP receipt / Airway bill No. & date .

I

2

3

4 Amount rece- ived in India

Date of re- F.o.b. equiva- ceipt of paymentlent of the by the ex- amount porter. received .

9

8

6

7

5

We further declare respect of the export . Copies that the aforesaid particulars are correct and that we have not obtained a certificate in Form ( 1 ) from any Bank in of invoices relevant to these exports are attached .

Ref. No.

Date.

Place

(Signature of the exporter)

Rank'

Weconfirm that

certificate .

consignment on (amount) shown in Col. 7 has been received by us in an approved manner in respect of the above .. * ( date)

(Signature of the Bankers) Official Stamp .

*Date of advice of payment of the Collecting / remitting Bank abroad.

937

Address of the Bankers.. (Branch and city ) .

THE GAZETTE OF INDIA EXTRAORDINARY

[PART I- SEC . 1 ] 938

SUBJECT : Import Policy for Registered Exporters for the period April 1968- March 1969 grant of repenishment licences against export of gem and jewellery items and cinematographic films ( exposed ).

No. 252 ITC ( PN ) / 68 .--Attention is invited to para 117 of the Import Trade Control Hand Book of Rules & Procedure , 1968 relating to the procedure for claiming replenishment licences against export of gem and jewellery items and cinematographic films ( exposed ) under the Import Policy for Registered Exporters . In para 117 ( 2 ) of the aforesaid Hand Book , the documents to be submitted along- with the application for the purpose of claiming replenishment licences have been laid down . Among the documents , the exporters are required to produce a bank certificate in original regarding the receipt of foreign exchange as per proforma at Annexure XII of Appendix 4 to the Hand Book .

(2) The form of the Bank Certificate has now been reviewed and it has been decided that the existing form may be substituted by the revised Bank Certificate form enclosed to this Public Notice . This form is required to be filled up against export of gem and jewellery items and cinematographic films ( exposed ) both on outright sale basis and on consignment basis .

( 3 ) The revised form is required to be filled up in respect of all payments against export of the above items received on or after 1-1-1969 .

BANK CERTIFICATE OF PAYMENTSE

This is to certify that the following bills covering exports of to foreign Countries drawn by M/ s .. has been negotiated and proceeds as given below received by us as per exchange control regulations in the approved manner . We also certify that payments thereof have not been received in non - convertible Rupee Accounts or under any special bilateral trade agreement .

S. No. Invoice No. Date of Exports.

Description of goods exported.

Bill oflad- ing /Postal Receipt and/ or Airway bill No. & date .

[РАКТI-SEC.1]

GRI /PP Form No. and date .

Amount payments of the received Bill , the lot . No. in India of the Invoice ( in rupees ) .

Date** on which pay- received by the Bank . ment was

Country/ Countries to which exports have been made .

F.O.B. value of goods as declared by the Ex- porters .

6 2

5 I

3

4

NOTE: (

In case of part against which payments have been re- ceived.

II 8

7

9

Signature of Manager / Authorised Officer of the Ban Official Stamp .

1 ) The bank certificate should be or the Bank's letter head and should bear the ( ficial starf of the Bank .

(2) This certificate will be issued only after the full proceeds of the Bill have been realised. However , in case of receipt of Part payments of a Bill , against specific lots covered by it , the certificate may be issued .

**Date of advice of payment of the collecting / remitting Bank abroad .

R. J. REBELLO

Chief Controller of Imports & Exports .

939

PRINTED PRESS, BY THE GENERAL MANAGER, GOVERNMENT OF INDIA NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS , DELHI, 1968

Cite this issue. Extraordinary Gazette of India, Government of India, 18 November 1968. Indian Gazettes, https://egazette.servantsofknowledge.in/details/in.gazette.csl_extraordinary.1968-11-18.E-1570-1968-0219-70151/. Archive identifier in.gazette.csl_extraordinary.1968-11-18.E-1570-1968-0219-70151.