The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 131] NEW DELHI, TUESDAY, AUGUST 19, 1969/SRAVANA 28, 1891
Separate paging is given to this Part in order that it may be filed as a separate compilation.
MINISTRY OF FOREIGN TRADE AND SUPPLY
PUBLIC NOTICE
IMPORT TRADE CONTROL
New Delhi, the 19th August 1969
SUBJECT —Import Policy for Registered Exporters for the year April 1969-March 1970 (Amedment No. 30).
No. 137-ITC(PN)/69.—Attention is invited to the Import Policy for Registered Exporters contained in Volume II of the Import Trade Control Policy Book (Red Book) for the year April 1969-March 1970. issued under the Ministry of Foreign Trade and Supply Public Notice No. 44-ITC (PN)/69 dated the 31st March, 1969.
2. In Public Notice No. 8?-ITC(PN)/69 dated June 2, 1969, certain amendments were announced regarding the utilisation of the import replenishment permissible against various kinds of cables and wires falling under items A.75.1 to A.75.7 in Volume II of the Import Trade Control Policy Book.
730 THE GAZETTE OF INDIA LXIRAORD1NARY [PART I- -SEC. 1Jalready made and contracts for exports entered into on the basis of the earlier policy. Thest have been carefully considered and it has been decided that in lespect of the following cases, the changes introduced by Public Notice No. 82-ITC (FNV6J, dated June 2, 1909 shall not apply and that the provisions in force immediately earlier shall be applicable,
(a) Exports made on or before June 1, 1969; (b) Cases in which shipping bills had already been passed by the Customs
and "let export" order issued on or before June 1, 1969;
(c) Exports made on or after June 2, 1969, against firm commitments entered
into on or before June 1, 1969.
4. For the purpose of (c) of the preceding paragraph, a firm commitment will be deemed to have been entered into where:
(a) irrevocable letter of credit has been opened; and
(i) d formal contract entered into; or (ii) telegraphic offer and acceptance exchanged; or (ill) correspondence exchanged between Indian exporter and foreign importer;
all on dates earlier than June 2, 1969;
or L (b) ofTer and acceptance have been exchanged by cables bearing dates before June 2, 1989.
5. Whore it Is proposed to claim the import policy in force prior to the issue o' Public Notice No. 82-ITC (PN)/69, dated June 2, 1969, on the basis of pats firm contracts referred to in paragraph 4 above, all such contracts together with all original documents in support of the firm commitments, should be submitted for registration to the port licensing authority to whom the exporter has normally to apply for import licences under the Import TradP Control Policy for Registered Exporters, on or before 5th September 1969. The benefit of the import Dollcy in force prior to the issue of Public Notice No. 82-ITC(PN)/69, dated June 2, 1989, in respect of exports made on or after 2nd June, 1969 will be applicable only in respect of exDorts made under contracts bo renlstered.
R. J. REBELLO,
Chief Controller of Imports and Exports-