REGISTERED No. D. 221 रजिस्ट्री सं ० डी० 221
भारत का राजपत्र
The Gazette of India
असाधारण
EXTRAORDINARY
भाग I-खण्ड I
PART I-Section 1
प्राधिकार से प्रकाशित
PUBLISHED BY AUTHORITY
सं० 71]
नई दिल्ली, बुधवार , अप्रैल 22, 1970 / वैशात 2, 1892
No. 71 ] NEW DELHI , WEDNESDAY , APRIL 22 , 1970 / VAISAKI A 2 , 1892
इस भाग में भित्र पृष्ठ संख्या वी 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 fried as a separate compilation.
MINISTRY OF FOREIGN TRADE
PUBLIC NOTICE
IMPORT TRADE CONTROL
New Delhi , the 22nd April 1970
SUBJECT : -Import of raw materials , components and spares by new units in the small scale sector during April 1970- March 1971-basis of licensing .
No. 60 - ITC ( PN ) /70.-Attention is invited to paragraphs 41 to 43 of Section I of the Import Trade Control Policy ( Red Book-Vol . I) for the period April 1970- March 1971 , which lay down the procedure for submission of applications by new/ proposed units ( Priority industries and industries other than priority) in the small scale sector for import of raw materials , components and spares for April 1970- March 1971 period .
2. Applications for import of raw materials , components and spares from new/ proposed units in the small scale sector for the period April 1970- March 1971 will be considered on the basis indicated below: --
( 1 ) Priority Industries. New units / proposed units falling under this category have to apply for the import of raw materials , components and spares on a half yearly basis through the sponsoring authorities concerned as laid down in para- graph 41 of Section I of the Import Trade Control Policy (Red Book--Vol . I) for
(369) THE GAZETTE OF INDIA EXTRAORDINARY
[PART I-SEC . 1 370
April 1970 - March 1971 period . Applications for each half year will be considered for a value determined in relation to the value of machinery ( c.i.f. price of import- ed machinery and purchase price of indigenous machinery , when new , as certified by the sponsoring authority) , at the percentage indicated below subject to a maxi- mum value of Rs . 75,000 / - .
Name of Industry
Percentage in relation to value of machinery installed ( or arranged through firm orders , in case of proposed units ) .
100 per cent .
(1) Chemicals , drugs and medicines , pesticides formulations .
70 per cent .
(2 ) Electronic components
30 per cent .
(3 ) Engineering
30 per cent .
(4) Other priority industries .
( 11 ) Industries other than priority industries .- ( a ) New units falling under this category have to apply for the import of raw materials , components and spares on an annual basis through the sponsoring authorities concerned as laid down in para 43 of Section I of the Import Trade Control Policy ( Red Book - Vol . I ) for April 1970- March 1971. Applications will be considered on an annual basis for a value determined at 30 per cent ( subject to a maximum of Rs . 75,000 / - ) in relation to the value of machinery installed ( c.i.f. price of imported machinery and purchase price of indigenous machinery , when new , as certified by the sponsoring authorities ) .
(b) Proposed units in this category have to apply on a half yearly basis through the sponsoring authority concerned as laid down in para 43 of Section I of the Import Trade Control Policy ( Red Book - Vol . I) for April 1970 March 1971. In their case , the value of half yearly licence will be half of the value admissible to the new units in terms of ( a ) above by taking the value of machinery for which firm orders have been placed ( c.i.f. value in the case of imported machinery and purchase price in the case of indigenous machinery , when new , as certified by the sponsoring authority ) .
3. Where the entitlement of a unit on the basis indicated in this Public Notice works out to an amount less than Rs . 10,000 / - , the sponsoring authority may recom- mend a licence for a maximum value of Rs . 10,000 / - provided such authority is satisfied that the existing units of similar capacity situated in the same State were obtaining import licences for raw materials , components and spares to the same extent . In the case of priority industries the limit of Rs . 10.000 / - will be in respect of half yearly licences andin the case of industries other than priority units , this value limit will apply to an annual licence . ' This value limit in respect of proposed units in the case of industries other than priorty industries obtaining licences on a half yearly basis will be Rs . 5.000/ - for each half year .
4. Modes of financing.- Modes of financing for the grant of Import licences for raw materials , components and spares to new/ proposed units ( priority industries or industries other than priority industries ) for April 1970-- March 1971 period will be the same as applicable to non - exporting units eligible to non - preferred sources of supply . in terms of Ministry of Foreign Trade Public Notice No. 56- ITC ( PN ) / 70 dated 14th April , 1970.
5. Where the first import licence for raw materials , components and spares to a new / proposed unit in the priority sector or to a proposed unit in an industry other than a priority industry against its application made during April 1969- March 1970 period is issued during the priod April 1970- March 1971 , the value of such licence will be determined on the same basis of licensing and the modes of Anancing as contained in this Public Notice , by switching over such applications to April 1970- March 1971 period In such cases , the units concerned should not make a separate application for their first half yearly licence for April 1970-March 1971 period.
6. All existing units ( including those units which were new units in April 1969 -March 1970 and have become existing units for the first time in April 1970- March 1971 ) will have the facility of opting to be treated as a new unit . Instead PART I- SPC . 1 ] THE GAZETTE OF INDIA EXTRAORDINARY
371
of an existing unit , for obtaining import licences for raw materials , components , and spares during April 1970- March 1971. In such cases , applications for licences may be considered on the recommendations of the sponsoring authorities in the same manner as in the case of other new units . In such cases , applications as new units will be entertained by the licensing / sponsoring authorities only in those cases in which the previous licences , for raw materials , components and spares obtained by the unit as an existing unit have been utilised to the extent of 60 per cent by actual imports , or 60 per cent by way of supplies drawn from the Industrial Raw Materials Assistance Centre ( IRMAC) , or 70 per cent by shipment of goods or 90 per cent by way of opening letters of credit, or 90 per cent by making firm commitment with the IRMAC . Further , this facility of opting to be a new unit will not be available in respect of industries for which the creation of new capacity /unit is not allowed under the policy in force .
7. Applications for the import of raw materials , components and spares are required to be made by new / proposed units to the licensing authorities concerned through their respective sponsoring authorities . The units should not send advance coples of their import applications to the licensing authority concerned , and no action will be taken on advance copies .
8. The provisions of this Public Notice will also apply to the non -SSI units under the State Directors of Industries or State Drugs Controllers or State Direc- tors of Fisheries or Executive Director , Food and Nutrition Board , Government of India .
R. J. REBELLO ,
Chief Controller of Imports & Exports .
PRINTED BY THE GENERAL MANAGER , GOVERNMENT OF INDIA PRESS , MINTO ROAD , NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS , DELHI , 1970)