REGISTERED No. D. 221
The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 15] NEW DELHI, MONDAY, JANUARY 27, 1969 MAGHA 7,1890
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 27 th January, 1969
SUBJECT:— Import policy for Registered Exporters for the year April 1908—-March 1969.
No. 19-ITC(PN)/ 69-—Attention is invited to the Import Policy for Registered Exporters contained in Vol. II of the Import Trade Control Policy (Red Book) for the year April 1968—March 1969, issued under the Ministry of Commerce Public Notice No. 50-ITC(PN)/68, dated April 1, 1968, as amended from time to time.
( 6 3)
64 THE GAZETTE OF INDIA EXTRAORDINARY [PART, I—Sfi". 1](2) The following amendments may be made at the appropriate places as indicated below :—
Reference
Amendments
page No. of the Red Book (Vol. II)
i
2
3
the following may
A.S
ntrics,
19
For the existing e be substituted :—
Cols- I to 3
1
2
3
4
"A. 8 Aluminium manu- factures not else- where covered—
A.8.1.
1 0%
All other*, not specified here-
under.
1 0%
A.S.a.
(a) Mirror finish
Alumicium Collapsible tubes.
zinc plates.
(b) Photographic
plates, films & papers (10%).
(c) Printing blan-
kets-
(d) Artists brushes
&o%).
(e) Poster and water colour U°%)".
A.71
Pot the existing entry at (f), the following may be substituted :—
Col. 4
"(f) Adhesive heat sealing laminating foil
8"&I3*."
(3) Consequent to the first change mentioned in para 2 above, the existing entry "Aluminium manufacturers, not elsewhere covered A-8" given on page lv of the Index of the above Red Book may be amended to read as under :—
"Aluminium manufactures not elsewhere covered A.8.
All others, na specified hereunder- A-84. Aluminium collapsible tubes. A.8.2".
SUBJECT:—Import policy for the period April 1968—March 1969.
No. 20-ITC(PNj/69.—Attention of importers is invited to the import policy as contained in the Import Trade Control Policy (Red Book—Vol. I) for the pcWod April 1968—March 1969.
[PABT F—SBC. 1] THE OAZE1TJE OF INDIA EXTRAORDINARY 652. As a result of the representations received, the import policy in respect of certain items has been reviewed and it has been decided to .make the following amendments in the Import Trade Control Policy (Red Book—Vol. 1) for the period April 1968—March, 1969:—
Reference Pace No. of tho Red Book
80
Section II, S. No. 106/V,
Column 4.
85
Section II, S. No. 123 (xlix)/V, Column. 4.
Details of corrections
The following new remarks (ii) may be deemed to have been inserted :—
*'Cii) A.U. for import of Acetylene black (soot) [for manufacture of dry battery cells".
The following end-use may be deemed to have been inserted as S. No- (vi) below the specified end-uses :—
"Sports goods."
SUBJECT:—Terms and conditions applicable to import licences against U.K. credits—3rd.
4th & 5th Kipping Loans, and Food Emergency Loan 1966—Payment Proce-
dure.
No. 21-ITC(PN)/69.—Attention of importers holding U.K. Credit licences is invited to the Ministry of Commerce Public Notice No. 44-lTC(PN)/68 dated the 19th March, 1968 notifying the revised schedule of conditions applicable to the licences issued against tho Fifth U.K. Kipping Loan. Attention is also invited to the sche'dule of conditions attached to each import licence itself issued under the 3rd and 4th Kipping Loans and the U.K.-India Pood Emergency Loan 1966.
2. Onuses 6 and 7 of the said Schedule of conditions require that the importers should make the requisite rupee deposits and forward all payment documents to C.A.O., London promptly as and when shipments are made by the U.K. suppliers and payments become due to them under the terms of the contracts. The importers are further required to in- corporate suitably the payment terms in their contracts placed with tho U.K. suppliers.
3. It has been brought to the notice of the Ministry of Finance, Department of Economic Affairs (Economic Aid Accounts Branch) that delays in payments to U.K. suppliers have taken place in certain cases wherein the importers did not make the requisite rupee deposits correctly as well as promptly. Further in some cases, the contracts placed by the importers with U.K. Suppliers dfd not incorporate the payment terms and conditions beyond saying that the U.K. credit procedure would be followed and that suppliers would get their payments from C.A.O. London; therefore, the U.K. suppliers were unaware that their payments would not be made unless the importers made the equivalent rupee amounts and sent the documents back to CAO, London for arranging payment. Representations have also been received from U.K. suppliers, in certain cases, complaining about inordinate delays in payments made to them.
A. Smce the U.K. Suppliers must be paid promptly, after the goods have been shipped by them, it is once again emphasised that all the importers (holding U.K. credit licences) should take all possible steps including such special steps as may be necessary, to follow promptly and carefully the detailed drill set out in the licensing condit'ons so as to eliminate delays in making payments to sunpliers. In partrcular the importers must make the requisite rupee deposits correctly as well as promptly, and they should also incorporate suitably the payment terms m their contracts with the U.K. suppliers for thrir information and guidance. The suppliers should be informed that, // they so like, they can avail themselves of the Batik Guarantee procedure or tho procedure of sending oricinal shipping documents through Banks on collection basis, vide clause 7(2) of the anpendix to the Ministry of Commerce Pub1;c Notice No. 44-ITC(PN)/68 dated 19-3-1968. The correct oxhtinc rates nt which rupee deposits are required fo be made is £6— Rs. 18.18 as indicated in clause 6(iv) of the Appendix to the Pubh'c Notice Quoted ftbove (Earlier, the rafe was 1£ -Ks. 21.21R tfnee rupee devaluniion of June 10fifi>.This rule i* applicable
66 THE GAZETTE OF INDIA EXTRAORDINARY [.PART I—SEC. 1)with refcrcnce to the date of payment by CAO, London to the U.K. Suppliers (the rate is luble LO change und any such change, as and when made, will be notified to the im- porters).
5. The importers should note very carefully that any breach or violation of the condi- tions set forth in the clauses mentioned above will result in appropriate action under the Imports and Exports (Control) Act.
R. J. REBBLLO,
Chief Controller of Imports and Exports.