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REGISTERED No. D. 221

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No 86] NEW DELHI, THURSDAY, APRIL 20, 1972/CHAITRA 31, 1894

Separate paging is given to this Fart In order that it may be filed as a separate compilation

MINISTRY OF FOREIGN TRADE

PUBLIC NOTICE

IMPORT TRADE CONTROL

New Delhi, the 20th April, 1972

SUBJECT.—Trade with Bangladesh during the period from 28th March, 1972 to 21st March. 1973.

No. 57-ITC(FN) /72.—In pursuance of the trade agreement between the Governments of India and Bangladesh, it has been decided to allow Imports into India from Bangladesh and exports from India to Bangladesh in the manner set out In this Public Notice,

2. Trade against Limited Payments Arrangement.—Imports Into India from Bangladesh and exports from India to Bangladesh may be allowed in respect of commodities and goods produced or manufactured In India or Bangladesh, as the case may be, as specified in the Annexureg I & II and upto the overall monetary ceilings indicated against each commodity. The payments in respect of these goods shall be made in accordance with the banking arrangements concluded between the State Bank of India and the Uttara Bank in Bangladesh.

(651)

3. The Annexures also indicate, iu respect of each commodity, the importers or exporters wno will be eligible to participate in the import or tne export traae, as the case may be.

I.—Imports into India

4. Persona who are eligible to import goods from Bangladesh under this Arrangement will be required to negotiate with the eiigiole exporters in Bangia- desn ±or Import ot permissible goods. The* contract.)* concluded between the eligible importers, in India and the ehgiole exporters in Bangladesh will be regis- tered with, trie designated Bank m iaangladesn on 'lirst-come nrst-served basis". .Necessary intimation in regard to the registration of the contract In each case will be sent by toe designated Bank in Bangladesh to tne local Head office of the State Banit ot incUs, Calcutta. On sucn intimation the State Bank ol India, Calcutta will maintain a duplicate account of registration of contracts lor imports into India from Bangladesh, The State Bank ol India will send the necessary Intimation in regard to tne registration 01 each contract to the Joint Chief Con- troller ol Imports 61 Exports, Calcutta.

5. Within a period ol ten days from the date of conclusion ol the contract, the eligible importer should apply lor an import licence to the Joint Chlel Con- troller of Imports ik Exports, Calcutta, lor the value and the commodity ior wnich the contract has been concluded. The import application should be made in Form 'A' prescribed lor Established Importers, as reproduced in Appendix III ol the Import Trade Control Hand Book ol .Rules and Procedure, 1972-73. At the top at the application form, the words "Import trom Bangladesh under Limited Payments Arrangement" should ba written. The application should Inter-alia be supported, by a treasury^ challan regarding payment ol application lees at the prescribed rate,

0, Import licence will be issued after the licensing authority has received inti- mation through the State Bank ol India in regard to the registration of the contract with the designated Bank in Bangladesh, and the application is in order and complete, and the applicant is lound otherwise eligible lor the licence.

7. The licensing authority will endorse the licence to the effect that the pay- ment in respect ol the Imports shall be made through the Special Account main- tained by the State Bank of India, Calcutta in terms of the provisions of the Banking Arrangement concluded between the State Bank ol India and the Uttara Bank in Bangladesh.

8. The licensing authority will also impose on the import licence other condi- tions as may be necessary governing the distribution and sate of imported mate- rials.

9. Imports made against such licences shall not qualify for establishment of quotas under the Import Policy lor Established Importers and will, therefore, be marked "Not Qualiflable for Quota (NQQ)".

10. All imports shall be against Irrevocable letters of credit through the desig- nated Bank viz. the State Bank of India. Import licence shall be valid for open- ing letter, of credit within 30 days ol issue of the licence or upto 27th February, 1973, whichever is earlier. For the purpose of shipment of goods, the import licence shall be valid for a period of three months from the date of Its issue or upto 27th March, 1973, whichever is earlier, provided the letter of credit has been opened within the prescribed time. No extension shall be granted of the period of validity of the licence.

II.—Exports from India

11. Persons who are eligible to export goods from India under this Arrange- ment will be required to negotiate with the eligible importers in Bangladesh and register their contracts for export of permissible goods with the local Head Office of the State Bank of India, Calcutta. The registration of contract shall be valid only for a period of 3 months or upto 27th March, 1973, whichever is

earlier, and within this time the execution of the contract including shipment of goods shall be required to be completed, failing which the registration shall lapse. The contracts will be registered by the State Bank oi India, Calcutta ;>n "first-come first-served" basis upto the monetary ceilings allocated for the com- modities concerned. Necessary intimation in regard to the registration of the contract in each case will be sent by the Stale Bank to the Uttara Bank in Bangla- desh. On such intimations, the Uttara Bank In Bangladesh- will maintain a duplicate account of registration of contracts lor exports from India to Bangla- desh.

12. The particulars of registered contracts will also be sent by the State Bank Calcutta to the Joint Chief Controller of Imports and Exports, Calcutta. The Joint" Chief Controller of Imports and Exports, Calcutta. Even in respect of contract has been entered into by the party eligible for exports from India to Bangladesh.

13. All exports shall be against irrevocable letters of credit. The eligible exporters will be permitted to export goods to Bangladesh in pursuance of the registered contracts, If otherwise in order. Applications for the grant of export licences or for endorsements on the Shipping Bills for exports should be made to the Joint Chief Controller of Imports and Exports, Calcutta. Even in respect of commodities of which the export from India is not controlled under the Exports (Control) Order, the exporters participating in expoit trade with Bangladesh in pursuance of this Public Notice under the Limited Payments Arrangement shall be required to obtain export licences or endorsement on their Shipping Bills for exports, from the Joint Chief Controller of Imports and Exports, Calcutta. The Shipping Bill will be made valid for shipment upto a period of one month or upto 27th March 1973, whichever is earlier. The exporters will be required to file the G.K. Form with their export documents.

14. Exports made to Bangladesh will qualify for the normal benefits available to exporters under the import policy for Registered Exporters.

15. A copy of the Public Notice issued by the Government of Bangladesh regarding trade with India under this Arrangement, is reproduced in Annexure III for information,

16. Trade outside Limited Payments Arrangement.—imports and exports of commodities and goods produced or manufactured in India or Bangladesh, as the case may be, which are not included in the Annexures I & II may be allowed to be Imported Into India from Bangladesh or exported from India to Bangladesh in accordance with the Import, export and foreign exchange regulations and other procedures Including customs formalities as may be in force from time to time.

ANNEXURE I

List I—Exports to Bangladesh

Eligible importers "In

Eigible exporters in

Commodities 'goods

Bangladesh

India

Value (Rs. lakhs)

(3)

(4)

fa)

( i)

Director of Supplies.

450

!• Cement.

State Trading Corpora- tion.

1 00 Indian Oil Corp oration Director of SupphcF- 2. Asphalt

C°al Controller.

4 00 Minerals & Metals Trad-

3. Coal .

ing Corporation.

(3)

(4)

( I)

Trading Corporation of Cotton textiles

25"

4.

150

1 Cotton Textiles Export /Promotion Council.

Bangladesh,

Cotton yara •

5.

1000

State Trading Corporation

TJ'SICCI v n n n u f a c t u r ei

6.

Trading Corporation of Bangladesh.

(0 Eligible Exporters.

(i) Stone Boullets

7-

(i) Director of Supplies and Bangladesh Railways.

(ii) Eigible Exporters, (ii) Trading Corporation of (u) Hard wood (including

Bangladesh.

Sal and Teak)

(iii) Eligible Exporters

(iii) Trading Corporation of

(iii) Softwood

Bangladesh.

(iv) Eligible Exporters, fiv) Trading Corporation of

(iv) Barytes (white)

Bangladesh.

(v) Eligible Exporters,

(v) Lime & Lime stone

(v) Bangladesh Industrial Development Corpora- tion/Trading Corpora- tion of Bangladesh.

1 00 (vi) LTgiH.¹ Exporters,

(vi) Dolomite

fvi) Bangladesh Industrial Development Corpora- tion/Trading Corpora- tion of Bangladesh.

(vii) Eligible Exporters

(vii) Gypsum

(vii) Bangladesh Industrial Development Corpora- tion/Trading Corpora- tion of Bangladesh.

(viii) Eligible Exporter.

(viii) U-wlakji LUm .

(viii) Bangladesh Industrial Development Corpora- don/Trading Corpora- tion of Bangladesh.

20

8. fi) Books &PirioiiciH (ii) Gramophone Records

(i) Eligible Exporters,

[il) Eligible Exporters.

1

(i) Eligible Importers, (ii) Eligible Importers.

Indian Motion Pictures

Movies

15

9-

Film Development Cor- poration.

Export Corpn.

Ayurvedic & Unani me-

Eligible Exporters

Eligible Importers.

t o.

dicines (medicinal herbs and crude drug*.)

I I.

State Trading Corporaion

Trading Corporation of

*5

Chemicals & Pharmaceu- ticals.

Bangladesh.

1 2,

State Trading Corporation

Spices

15

Trading Corporation of Bangladesh.

Eligible Exporters

Eligible Importers.

Infant Milk Food,

13.

25

50

Eligible Importers-

Eligible Exporters

14. Machinery and Spare parts.

1 00

15. Miscellaneous (items to be mutually agreed upon)

ANNBXTJRB II

List II—Exports to India

Commodities/goods'

Eligible exporters in

Eligible importers in

""Bangladesh

India

Value (Rt. lakhs)

1.

9 00 Eligible exporters

Fresh flsh .

Central Fisherirg Corpora- tion.

2.

Trading Corporation of

Semi-tanned cowhides in- too

State Trading Corporation.

Bangladesh.

cluding wet blue.

150 Eastern Refineries Ltd., Indian Oil Corporation. 3-

Chittagong.

Furnace Oil, Jute batch- ing oil and napths.

3 00

4.

State Trading Corporation.

Nwinrint and lnw gra- mmage writing paper.

Trading Corporation of Bangladesh anj Bangla- desh Industrial Deve- lopment Corporation.

750

State Trading Corporation/ 5- Raw Jute.

Jute Corporation

Jute Marketing Corpora- tion ana Jute Trading Corporation.

Molasses

6.

State Trading Corporation

25 Bangladesh IndutrialDe- velopment Corporation.

Eligible exporters

Ayurvedlc & Unanl me-

Eligible importers.

• 25

7-

dicines.

V 20

8.

f

(i) Eligible exporters

(ii) Eligible exporters

(i) Books and periodicals (ii) Gramophone records -

(1) Eligible Importers, (il) Eligible Importers.

Movies

Film Development Cor- Indian Motion Pictures

15

9-

poration.

Export Corporation.

10 Trading Corporation of

Pharmaceuticals .

fo-

State Trading Corporation.

Bangladesh.

Trading Corporation of

Spices

State Trading Corporation.

i l.

5

Bangladesh.

(i) Eligible Importers.

1 2.

(0 Eligible exporters

(ii) Trading Corporation

(ii) State Trading Corpora-

of Bangladesh.

tion.

J-toO )

Ci) Simul Cotton (Kapok; (ril Hlr.l Biard (iii) Handloom products

(iii) All India Handloom

Board.

(iii) Bangladesh Small In- dustries Corporation & Handloom Exports Corporation.

TOO

Miscellaneous (items to

1 3.

be mutually agreed upon).

ANNEXURE III

GOVERNMENT or BANGLADESH

MINISTRY OF TRADE AND COMMERCE

(Office of the Controller of Imports and Exports, Dacca)

EXPORT TRADE CONTROL

PUBLIC NOTICE

Dacca, the 20th April, 1972

SUBJECT. Trade with India during the period from 28th March 1972 to 27th March, 1973.

No. (72) /Import.—In pursuance of the Trade Agreement between the Govern- ments of Bangladesh and India, it has been decided to allow imports into Bangla- desh from India and exports from Bangladesh to India in the manner set out in this public notice.

Trade against Limited Payments Arrangement

2. Imports into Bangladesh from India and exports from Bangladesh to India may be allowed in respect of commodities and goods produced or manufactured in Bangladesh or in India as the case may be as speciiled in the Annexures 1 and. II and upto the overall monetary ceilings as indicated against each commodity. The payments in respect ot these goods shall be made in accordance with the banking arrangement concluded between the Uttara Bank of Bangladesh and State .bank of India.

3. The Annexures also indicate in respect of each commodity the importers and exporters who shall be eligible to participate in the Import or export trade, as the case may be.

Imports into Bangladesh

4. In respect of items import ol which has been allowed thiough private sector, import licences will be issued by this ottlce to the eligible importers. The Semi-Govt. and autonomous corporations will be Issued import licence by this office for the items and the amount as mentioned in the annexure. After receipt of the import licences, the licencees will be required to conclude contract with the eligible exporters In India and such contract will be registered with the State Bank of India, Calcutta. The State Bank of India will send necessary intimation to the Uttara Bank, Dacca. The Uttara Bank, Dacca will maintain a duplicate account of such contracts and open Letters of Credit. The Govern- ment Departments of Bangladesh who are not required to obtain import licence in terms of SRO 335/260/24 dated 12th June, 1961, will however, be required to finalise contract with the eligible exporters in India and register their contract as Indicated above and process Letters oi Credit accordingly.

5. All Import Ucenoes/Letters 'of Credit will be suitably endorsed tp the effect that the payments in respect of the import shall be made through the Special Account maintained by the Uttara Bank of Bangladesh, Dacca in terms of the provisions of the Banking Arrangements concluded between the Uttara Bank of Bangladesh and the State Bank of India.

6. The Government of Bangladesh may impose any other conditions, where necessary, regarding the distribution and sale of the goods imported under this Arrangement.

7. The import licence shall be valid for a period of 3 months or uplo 27th March, 1973, whichever is earlier, but letter of credit will have to be established within two months from the date of issue, or 27th February, 1973 whichever is earlier, No. extension shall be granted in the period of the validity of the licences.

Export from Bangladesh

8. The eligible exporters of Bangladesh will be required to negotiate contracts with the eligible importers Jn India and register the contracts with the Uttara Bank of Bangladesh. The Uttara Bank will register the contracts on "flrst-come .Irst-served basis". Necessary intimation in regard to such contracts will be sent to the State Bank of India, Calcutta, by the Uttara Bank, Dacca.

9. A copy of the Public Notice issued by the Government of India regaining trade with Bangladesh under this Arrangement, is reproduced in Annexure III for information.

Trade Outside Limited Payment Arrangement

10. Imports and exports of commodities not covered by Annexures I and II may be allowed In accordance with the import, export and foreign exchange regulations and other procedures Including customs formalities as may be in force from time to time.

K. M. RABBANI, Controller of Imports & Exports.

M. M. SEN,

Chief Controller of Imports & Exports.

PRINTED BY THE GENERAL MANAOEH, GOVERNMENT OF INDIA PRESS, MINTO ROAD, NEW DELHI AND PUBLISHED BY THE MANACER OF PUBLICATIONS, DELHI, 1972