Subject NOT available

click here for IIIF manifest

taming to a period prior to April 1971, it will bc open to the licensing/ sponsoring authorities to either refuse the imprt licence/release order or reduce its value suitably having regard to the requirements of the unit."

SUBJECT.—Licensing conditions relating to import of Commodities" under the

Canadian Development Loan of C$ 50 million dated tftth June, 1972

-for commodities and fertilizers.

No. 124-ITC(PN)/72.—The terms and conditions for Imports under the Canadian Development Loan of C$ 50 million for commodities and fertilizers as given in "the Annexure to this Public Notice, ore notified for the information of the trade.

ANNEXTJRK

Licensing conditions relating to import of <_ominodlties etc. under the Cunadion Development Loan (Non-Project C$ 50 Million).

Import Licence No. —• • — . —— —• Canadian $ 50 million Deve.opmenl Loan (Non-Frojeet) dated 10-U-1U7-.

1. The licence will be issued with un initial validity period oil 4 months. Firm orders, on C.I.F. or C&F or FAS/FOB (for bulk shipments) basis, must be placed, on the suppliers within lour months from the date of issue ol" the import licence. Licences may be submitted for revaluation to cover shipments with documentary proof of lirm orders having been placed and showing the contractual date(s) of Shlpment(s), If orders cannot be placed within four months, the licence should be submitted for revalidation during the 5th month giving the reasons for the delay in placing orders, and indicating the date by which orders would be placed. Such requests will be considered on merits by the C.C.I. &E. In consultation with the Ministry of Finance (Department oi Economic Affairs) where necessary.

2. All payments must be completed within one month alter expiry of licence or by March 31st 1973, whichever is earlier. Individual payments must be arranged upon shipment of goods. No ciedit facility of any kind will be permitted.

3. Invitation to Tender (Tender Notice),—

(i) The Indian importer must invite tenders from the recommended list of potential suppliers In Canada or obtained waiver of tender. The recom- mended list of potential Canadian suppliers or approval to waive Viit'erq is to be obtained from the Canadian Hhjh Commission in New Delhi.

(11) Each tender must be approved in advance by CIDA (This approval is obtained on behalf oi the importer by the Canadian High Commission in New Delhi) before being u.suert to Canadian suppliers. At the nme of issue of the tender call, copies of the tender notice, together with schedules and specifications, alongwith a list of Canadian firms invited to tender should be forwarded directly to Canadian Inter- national Development Agency, Jackson Bldg., 122, Bank Street, OttavT-*. Ontario KIA OG4 and the First Secretary (Development). Canadian High Commission, Post Box 5208, Chanakya Furl, Shanti Path, New Delhi-21.

(ill) Invitation to tender must contain the following details:—

(a) The tender notice should contain a reference to the import licence number, date and va ue authorising procurement against the Canadian Loan of C$ 50 million.

(b) Detailed specifications, quantity and quality of the materials or commodity required should be expressed as fur as possible in terms of Canadian standards or specifications and where other than the Canadian Specifications or standards are used, the Canadian equiva- lent should be given and the tenderers requested to indicate in their tendprs the similarity and differences between their offer nnd the requirement of specifications.

(c) TJae tender notice should prominently mention closing date and hour by which tenders should reach the office of the buyer. (The tender closing date should be so established as to provide adequate time tor the tenderers to prepare and mail their tenders. Normally a minimum of 30 clear days should be allowed for receipt of the tenders).

(d) The tenderers must be required to forward a copy of their completed tenders to the CIDA, at Ottawa at the same time as they are forwarded to the buyers.

(e) All tenders and copies of tenders to CIDA should be submitted In double sealed envelopes with the inner enve'ope clearly marked that they are tenders, and giving Instructions that they are not to be opened until the agreed Tender opening date. Copy of ttuj tender call for CIDA should be marked in a similar manner.

(f) The tenderers must be required to fill In the Canadian Content Declaration Form (attached) as appendix 'A' and forward the same to the CIDA as part of the tender documentation.

(g) A copy of the Canadian Content Declaration Form is not to be for- warded to the buyer but in the suppliers' tender the Canadian Content by percentage and dollar value of the material and equip- ment must be mentioned prominently.

(h) The tender notice should clearly stipulate that only offers with a minimum overall Canadian Content of 66-2/3 per cent will normally be considered.

(i) The tender notice must contain instructions that only the FAS or FOB cost of the purchase wou'd be paid by CIDA out of the Canadian Loan and that the ocean freight and insurance will be paid sepa- rately by the buyers. The arrangements which will be completed by the importer to defray costs for ocean shipping and insurance should be specified in the tender. Therefore, the tender notice must contain specific instructions that the tenderer must indicate the FAS cost and other items of cost separately. Also. It must be quite clear whether the award will be decided on the basis of the low c.l.f. or f.a.s. (f.o.b. for bulk shipment) bid.

(j) Indian agent's commission, if any, should be indicated separately and it should be stated that it will be paid in India in fridlan rupees.

(k) Any other information concerning factors which may affect or be considered in assessment of tenders.

4, Tender Assessment.—

(a) Only offers with a minimum overall Canadian content of 66-2/3 per cent should normally be considered for acceptance and, immediately tenders are opened, the Canadian High Commission In New Delhi; should be advised concerning (I) the names ol the firms who tendered. (11) the details of the prices offered and (lit) the name of the tenderer to whom the order is proposed to be issue!. Orders should be placed only after receipt of approval from CIDA obtained through the Canadian High Commission.

fb) The lowest tender conforming to the tender specifications and havinff the requisite Canadian Content must Invariably be accepted unless otherwise specifically agreed to in writing by CIDA. If other than the lowest offer Is proposed to be accepted, the reason for doing so, must be submitted to CIDA (through the Canadian High Commission) and their prior approval specifically taken before the purchase com tract is awarded.

(c) In the event of all the tenders failing to meet the required specifications the competition must be regarded as cancelled and fresh tenders must be Invited on the basis of acceptably modified specifications.

(A) Onlv those tenders received by the office of the buyer before the closing ( date and hour established in the tender notice should qualify for

consideration.

(e) In all negotiations, it should be made clear that the acceptance of any offer is provisional and would become firm only after it is accepted for financing by the CIDA Ottawa,

subsequent to the opening of tenders.

6 Provisions for waiver of tender.— CIOA may waive the requirement for competitive tenders as specified abov"

tt" one or more of the following situations:—

sappier.

(b) When procurement concerns a commodity or material which is avail-

able from a single source only.

(c) When procurement concerns a commodity or material which by natu" and specification is peculiar to a specific manufacturing process or end product.

(d) When commodities are to be procured under such other conditions which appear to CIDA to merit a waiver from the tendering procedures described herein.

Applications for waiver supported by reasons therefor must be forwarded to the Canadian High Commission in New Delhi, who will submit them to CIDA In Ottawa. No procurement action is to be initiated until the notification of approval is given by CIDA.

G. Purchase Contracts,—

(I) Purchase contract may be concluded in FAS, FOB (when bulk cargoes are involved) or CIF, C&F basis but only the FAS or FOB cO3t (Canadian Port i.e. inclusive all terminal charges) will be paid by CIDA and should therefore be separately and specifically indicated in Canadian Dollars. The value of the contract should be expressed in Canadian Dollars. Indian Agent's Commission, if any, should be paid in Indian rupees. (The same will, however, be debited against the Exchange Control copy of the import licence).

.(11) After receipt of the approval for the award of the contract from CIDA, Ottawa (to be obtained by the importer through the Canadian fUgh Commission) the Indian importer will place his purchase order on the approved supplier. A copy of the purchase contract must be for- warded to CIDA at the same time as it is despatched to the success- ful tenderer. Two copies of the buyer's order (together with a copy uf the letter of approval of CIDA) are to be forwarded to the Con- troller of Aid Account, Ministry of Finance, Department of Economic Affairs, Jeevan Deep Building, 10, Parliament Stree\ New Delhi-1. The importer will also have to furnish a Bank Guarantee in the form attached (Appendix 'B') from an authorised dealer In foreign ex- change in India for the full FAS cost of orders placed against ths import licence plus 1 per cent thereof converted at the old composite rate of Rs. 701 Canadian $ 100 (with a provision that the Bank undertakes to make such additional deposits as may be necessary In terms of C.C.I. & E. Public Notice No. 15-ITC(PN)/72 dated 28th January, 1972 or such other notification that may be issued from time to time and tHe value of the Tiqnk Oun~antee cti"-^ aut^matic^iy adjusted due to any further change In the composite rate). Th" Bank guarantee should be executed on a non-judicial stamp paper, the value of the stamp being adjudicated by the Collector of Stamps in accordance with the provisions of Section 31 of the Stamp Act, 1899. (No Bank Guarantee is required from Public Sector Projects/Under- takings). The Department of Economic Affairs will s°nd copy of the purchase order 1o CIDA, Ottawa through the Canadian High Com- mission authorising- them to issue confirming purchase order to tha Canadian supplier.

'(ill) The purchase order should contain precise details as follows:

(a) Specify that it is subject to confirmation by CIDA.

(b) Detailed specifications, quantity, unit of measure and price of the

materials or commodities to be supplied.

(c) Detailed delivery instructions.

(d) Information that the FAS Canadian seaport, including all terminal charges (or FOB vessel costs in the case of bulk imports) will be paid by CIDA.

(e) Advice concerning the arrangements which will be mnde for insurance and payment of Ocean freight or other means of transportation.

(f) The name and address of the ultimate consignee, the notify party (In-

applicable) and the port of discharge.

(g) Instructions to the suppliers that they should send by FAST Air Mail the negotiable shipping documents to the designated Indian Bank and simultaneously, submit the payment documents to CIDA for pay- ment. Subsequently, after receiving payment advice from CIDA, the- suppliers should indicate by Air Mail, the date and amount of pay- ment (by CIDA) to the importer, while submitting documents to CIDA for payments, the supplier should certify to CIDA that (a) they have despatched original shipping documents to the Bank in India by Air Mail, and (b) Immediately after receiving payment, they would intimate to the importers by Air Mail the amount and the date of payment by CIDA (on receipt of intimation of payment from sup- pliers, the importer would produce the same to the Bank for necessary action by them).

NOTE.—Once a purchase contract is placed on Canadian supplier, it is considered binding.

(ivO Confirming purchase Order.—

The CIDA will, while confirming the purchase order to the- supplier, assure payment of FAS costs alter receipt of the original and three copies of suppliers' Invoice, and proof of shipment. The CIDA will also instruct the Canadian supplier that the negotiable shipping documents are to be forwarded by him promptly by Fast Air Mail to the designated Indian Bank, vide (g) above. The CIDA would verify the certification of the supplier, vide (g) above while making payments to them,

7. Report on Ordering.—

On the first of each month, a report of orders placed as in the form Appendix 'C attached herewith should be sent by the Importers to the Ministry of Finance, Department of Economic Affairs, Economic Aid Accounts Branch and also to Foreign Exchange Section, Ministry of Industrial Development, Udyog Bhavan, New Delhi, The report should cover all licences and eligible imports and should continue to be sent until the import licence Is fully utilised.

8.Payments against import licence.—

(i) The Import licence will not be valid for remittance of FAS or FOB cost (Canadian Port) from India, as the same wi".l be paid in Canada out of the relevant Canadian Loan. Foreign Exchange necessary for other Items of cost i.e. Ocean freight, Insurance etc. will be provided for in the import licence Itself and will be remittable through normal! banking channels, on the basis of Exchange Control copy of the licence,, which will be valid for such payments. The Canadian suppliers will be paid the FAS or FOB cost directly by the CIDA, Ottawa on sub- mission of the prescribed documents, namely, the original and three copies of Supplier Invoices, accompanied by three copies of non- negotiable bill of lading and freight certificates and Inspection certi^ flcates where applicable.

(II) The Indian Bank which has furnished' the guarantee will receive trie- original shipping documents from the Canadian suppliers but should release the documents to the Indian Importers only after ensuring thaL the Importer has deposited the rupee equivalent of the FOB/FAS cost of the import paid to the supplier by the CIDA into the Account of Government of India, the rupee equivalent being calculated at the- exchange rate notified in Mtn. of F.T. Public Notice No. 15-ITC(PN1/ 72 dated 28th January, 1972 or Public Notices as may be Issued from time to time (see note below) plus interest ® 6 per cent p.a. on the amount of deposit calculated for the period commencing from the date of payment to the Canadian Supplier by CIDA to the date of rupee deposit of the said rupee equivalent. The necessary rupee' deposits relating to FOB/FAS cost and interest must he arranged to be made within 7 days of receipt of documents and advice of payment

by the Indian Bank. The Head of Account to which the amounts should be credited Is given below:—

"T—Deposits and advances—Part II Deposits not bearing interest— C-Other Deposits account Departmental and Judicial deposits—Civil Deposits—Deposits tor purchases abroad—PURCHASES under credit/Loan agreements-

Deposits for cost of equipment etc. obtained under Canadian Development Loan dated 10th June, 1972 for CS 0 millions."

Important Notes.—

It should be noted very carefully that the said exchange rate is the prevailing composite rate of exchange and is subject to change which, as and when decided upon by the Government of India, will be communicated to the Importers/bankers.

(iii) The deposits shall be made normally at the Reserve Bank of India, New Delhi or the State Bank of India, Tis Hazari Delhi, where this is not feasible, it is also permissible to remit by means of a demand draft drawn on and in favour of the State Bank of India, Tls Hazari Branch, Delhi supported by challans (In quadruplicate with one copy marked in red ink "For Ministry of Finance, Department of F.ronormc Affairs''). The importer should also fill in duplicate form 'S' incor- porated in Annexure II to Public Notice No. 1U4-ITC(PN) /I3H dated 30th August, 19t>8 and present the same to their bank while arrang- ing lor rupee deposits in accordance with the procedure prescribed in the Public Notice.

(iv) The Indian Bank concerned shall send one copy of the treasury challans in the use of deposits made at the Reserve Bank of India to the Controller of Aid Accounts, Finance Ministry, Department of Economic Affairs, Jeevan Deep Building, 10, Parliament Street, New Delhi. A statement giving full details of the import and one set of documents (invoice, Bill of Lading, evidence of payment with date) should be submitted to the Ministry in all cases. When all imports against an Import licence are completed and the importers' bank applies for release of bank guarantee, such request should invariably be made In the form indicated in Appendix 'D' accompanied by a certificate from, importer confirming that wherever loss or damage to goods In transit or short landing of goods has occurred, suitable claim relative to- It has been preferred along with details thereof. It should be noted that unless these are omplled with, release of bank guarantee, will not be considered.

(v) The Indian Bank concerned will verify, before making remittance of Ocean freight amounts, that the necessary recoveries on account of FOB/FAS cost of goods, paid by CIDA and also for interest charges at 8 per cent p.a. from date of payment to date of deposit, have been made and the amounts credited to Government Account.

(vl) Ocean freight and inspection.—

The Importer shall be responsible for the arrangement and payment of:—

(a) The cost of Ocean freight and insurance preferably by an rrevocable Letter of Credit deposited with a Canadian bank and negotiable by the agency appointed by him to arrange Ocean shipping and insu- rance.

(b) The Inspection of materials other than that normally provided by the supplier in the form of manufacturer's warranty, where necessary prior to packing and shipping.

9. Insurance.—

CIDA should be advised immediately concerning any shortages, demages or losses directly attributable to the Ocean carrier for which it is intended to place a claim on the insurance company.

Should the importer receive directly or Indirectly any payment of marine In- surance muttlng from claims for loss or damage under a marine insurance policy, he shall immediately notify CIDA of such payment and shall use such proceeds to replace the commodities or materials or portion thereof with like goods from .a Canadian source.

10. Disputes.—

The importer shaU note that the Government will not undertake any responsi- bility for disputes, if any, that may arise.

11. Future Instructions.—

The importer shall promptly comply with any directions, Instructions or orders Issued by the Government regarding any and all matters arising from or per- taining to the import licence.

12. Breach or violations.—

Any breach or violation of the conditions set forth In the clauses mentioned above would result in appropriate action under the Import and Export (Control) Act.

APPENDIX 'A'

Canadian Internationa] Development Agency Explanatory notes inr filling form

are on the reverse side

CANADIAN CONTENT FORM

Supplier

Buyer

Country

Head Office

Tender No.

Project No.

Plant Address

Projccr Name

Canadian Non-Canadian Total $

S

1. Material and labour

2. Engineering and Development

Royalties

3-

Duties (if applicable)

4.

5- Overhead, profit, administrative expanses, etc.

6. Total

0/

100%

Parcentag: of Content

0 : 'O

7.

8. Total Coat ol Materials Purchased from Canadian Firm3 $

Certification

I, •

.if

an

(Name in Block LHters) (Address)

. .

authorised signing officer iL — -_

(Nam^ of Company)

certify that the above information has been examined by m: and is accurate, true and complete.

Signature of Company's Comptroller or Treasurer

The information in this form is for the CONFIDENTIAL USE of the Canadian International Development Agency; however, onr.y the Information provided m Line 7 should accompany the tender submitted to the Buyer.

CIDA 66(4—72) (503C).

EXPLANATORY NOTES FOR CANADIAN CONTENT FORM

General Comments.—

This form is designed to provide data for evaluating the Canadian content of services, equipment and materials to be finance with Canadian funds. The- Canadian International Development Agency reserves the right to verify that thfr Canadian content requirement is being met as specified, herein.

In preparing the Canadian Content Form the supplier should round out the wosts in Canadian funds to the nearest dollar and ensure that the total Canadian and non-Can"dlan content in the last column on Line 6 equals the total selling price. All costs, direct and Indirect are to be established in accordance with normal accountinR practice in the firm. Supporting documents, including invoices* illustrating how these costs have been established are to be held for examination by the Canadian International Development Agency,

In designing the Canadian Content Form consideration has been given to the complexities and differencts of accounting practicles in Industry. Experience indicates that the data required should be readily available from the cost records of the supplier. In specific cases where the information requested is not applicable & notation, "N/A" should be written in the appropriate space.

Line 1: "Canadian" portion of material purchased should reflect how much of the material purchased from Canadian suppliers has a non-Canadian rontent, lor example, purchases from Canadian suppliers may cost $ 10,000 but in Ihls S 10,000 thfere may be $ 2,000 of non-Canadian content. In such circumstances, only $ 8,000 should b" entered in the "Canadian column and $ 2 000 should be entered in the "Non-Canadian"' column. The tot.nl invoice value paid to Canadian supplies, $ ,10,000 in the above example, should appear on line 8.

Line 2: "Engineering and Development" if not entirely related to this sale, Indicate the applicable percentage.

Line 4: "Duties" should include only duty paid to the Canadian Government.

Line 5: "Miscellaneous" should Include overhead, profit, advertising sales and administrative expenses and corporation income tax on a pro-rated basis, and incoming and outgoing inland freight and pales taxes when applicable. Oceart freight if applicable should be shown as a separate Item.

Line 6: The total in column three should be the same aa the tender price.

Line 7: The information in this line should be included in the tender sent to the

prospective buyer.

Line 8: See note for Line 1,

NOTE- This form, together with one completed copy of the tender, should be placed hi a sealed envelope with related tender information appearing on the front of the envelope.

Mail Direct to: Canadian International Development Agency

Ottawa, Ontario, Kla OG*.

APPENDIX 'B1

To

The President of India, through Secretary to the Government of India, Ministry of Finance, Department of Economic Affairs, New Delhi.

Sir,

In consideration of the President of India hereinafter referred to as 'the Gov- ernment' having agreed to arrange for payment In foreign currency of the price of goods to be imported by

(i) • • — —. • Individual/partners working under the

(II) . name and style of Messrs: —

(Hi)

,

(Iv) .

(v) ——

,

(Name & address (es)

_ _—__ a company having its registered office at in the State of hereinafter referred to as the Importers under Import Licence No. —— dated granted for • rupees, we hereby guarantee that we shall arrange to deposit to the credit of the Government in the Reserve Bank of India, New Delhi/State Bank of India, Delhi, or by means of Demand Draft drawn on and in favour of State Bank of India, Tls Hazari, Branch, Delhi in the manner and against the appropriate Head of Account as stated in the Licensing Conditions.

(1) Within 7 days of the receipt of the advice of payment, with shipping documents, from the Canadian suppliers of rupees equivalent of the F.A.S cost in Canadian dollars disbursed by the Government of Canada (CIDA) to the suppliers, at the rate of Rs. 701-C$ 100 along- with interest thereon at 6 per cent per annum from the date of pay- ment of Canadian suppliers to the date of deposit of the rupee equiva- lent. We further undertake to make such additional deposits as may be deemed necessary interms of Public Notice No. 15-ITC(PN)/72 dated 28th January. 1972 or any other notification that may be issued from time to time.

(ii) Within 7 days of the demand by the Government, such additional amount as may be demanded by the Government as being due on account of service charges.

2. We.—• — undertake to pay to the Government on demand and without demur such sum not exceeding rupees (Plus interest and service charges as aforesaid) as may be demanded by the Govern- ment in the event of the Importers failing or neglecting to make any of the above mentioned said payments and the decision of the Government as to such failure or neglect on the part of Importers and as to the amount payable to the Govern ment by us hereunder shall be final and binding on us.

3 We, agree and undertake not to release shipping documents tt* the importer until after the rupee equivalent as aforesaid and the other dues, if any, as demanded by Government are deposited to the credit of the Government

4 Ttfe,— — — —agree and undertake not to revoke this jjuarantet

during its currency except with the previous consent of the Government of India.

R. The guarantee herein contained snail not be affected by any change In the constitution of the Importers or of our Bank.

6. The Government shall have the fullest liberty without affecting this guaran- tee to vary any of the terms of the Import licence detailed above or to extend the time for payment by the Importers from time to time or to postpone for any time and from time to time any of the powers exercisable by it against the importers and we, • shall not be released from our liability under this guarantee by any exercise by the Government of the liberty with refe- rence to the amount aforesaid or by reason of any such variation or extension of time being given to the Importers or any forebearance, act or omission on the part of the Government or any indulgence by the" Government to the Importers or by any of the matters or things whatsoever which under the law relating to sureties shall but for this provision have the effect of so releasing us— — Bank from our such liability.

Our liability under this bond/guarantee is restricted to Rs.

(Plus Interest and service charges as aforesaid not expected to Increase 1"-J of the licence value) and it will remain in force till the—— —**day of -• (Month)——- .—19—. Unless claims under the bond/guarantee are made in writing within six months of this date and unless a suit of action to enforce whose claims Is commenced within another six months thereafter i.e. upto- all Government's rights under this bond/guarantee shall be for- feited and we shall be relieved and discharged from all liability thereunder.

Yours faithfully,

Signature of the Authorised Officer of the Bank and Bank's full address.

Place—. .

Date .

(The Bank guarantee Is to be executed on a non-judicial stamp paper, the value of the stamp, being adjudicated by the Collector in accordance with the provisions of Section 31 of the Indian Stamp Act. 1899).

'••Strike out which is not applicable. **This date shall be arrived at by adding one month to the date by which all payments are expected to be finalised for shipments, as per delivery schedule of the relative contracts.

APPENDIX 'C

Proforma Report—One lor each Import licence under Canadian * - Loan, dated

.

Report as on— • .

1. Particulars of loan.

2. No^ and date and value of Import licence.

3. Ordering position:

(a) Total value of orders placed (In rupees).

(b) Balance value of orders yet to be placed (.in rupees).

(c) Phasing of balance orders.

Indicate^ when those would be completed.

4. Payment position: —

(a) Total value of payments made so far (in rupees).

(b) Balance value of payment yet to be made (in rupees).

(c) Phasing of balance payments.

5. Remarks, if any, particularly regarding any special difficulties experienced, in complete utilisation of licences within Its validity period.

Signature

Name and address of Importer—1

APPENDIX 'D'

Form of Application for Release of Bank Guarantee. (Application to be submitted by Importer's Bank, not by the Importer).

To

The Senior Accounts Officer, Ministry of Finance, Department of Economic Affairs, Jeewan Deep Building, Parliament Street, New Delhi.

Sir,

We are furnishing below detailed information on the rupee deposits made by us in discharge of our obligations under our Bank Guarantee No. _ r— -dated for an amount of Ks. with request that the same may be released and returned to us.

1. The name and full address of the importer/licensee on which behalf the bank guarantee was furnished.

2. The import licence number, date, value and brief description of the commo- dities allowed for import thereunder.

3. Particulars of the Authorisation(s) obtained from the Ministry of Finance, while forwarding orders to CIDA for confirmation:

(a) Letter Number and date.

(b) Amount of authorisation.

(c) The particulars of the Loan No.

4. Particulars of imports and rupee deposits made (to be given separately lor each Authorisation):

(a) Invoice Number and dute relative to each payment. (b) Amount of Invoice (not) in dollars. (c) Amount of rupee deposit. (d) Relative Challan No. and date and the name of treasury/banjt. (e) If by demand draft, Number and date of the demand draft and the date of the Letter with which the draft was sent to the State Bank of India, TIs Hazari, Delhi.

5. Amount utilised and balance unutilised (in dollars) in each Authorisation.

n We certify that:

(1) *the balance amount of $ -— —available in the authorisation (a) given by the Ministry of Finance has not been utilised/will not be( utilised.

(li) The commission(s) to the agent in India, where payable has/have been paid in accordance with the terms and conditions governing the licence and the authorisation letter(s) and.

(ill) our obligations under the Bank guarantee may please be released and returned to us for cancellation.

Yours faithfully,

Authorisation Agent, For and on behalf of the Bank.

•whichever Is applicable.

M. M. SEN,, Chief Controller.

J/LFA: I—SEC. 1] 1 J i GA HE . : JA R A L "_ ,AJK. . J;,^

PMNTED BY THE OtfNBRAL MANAGER, GOVERNMENT OF INDIA PRESS, MINTO 1OAD,

NBW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS, DELHI, 1 9 72

REGISTERED No. D. 221

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 190] NEW DELHI, SATURDAY, AUGUST 26, 1972/BHADRA 4, 1894

Separate paging is given to this Part in order that it may be filed

as a separate compilation

MINISTRY OF FINANCE

(Department of Revenue and Insurance)

PUBLIC NOTICES

New Delhi, the 26th August, 1972

DRAWBACK/PN-70/72 -Under rule 4 of the Customs and Central Excise Duties Drawback Rules, 1971 (Notification No. 52/F. No. 602/2/70-DBK published in the Gazette of India Extraordinary , dated the 25th August, 1971)., the Central Government hereby makes the following amendments in the Table published in the Public Notice No. Drawback/PN-l dated the 15th October, 1971 :—

For Sub-Serial No. 4002(B) and the entries relating thereto, the following shall be substituted:—

Sub-Sl.

No.

Description of goods

Rate of drawback

4 0 0 2 ( B) Component parts of Diesel Engines all types excepting component parts of Diesel engines of Vehicular type. (i) Articles or components made of cast 0.5% (Point five percent) ad valorem. iron.

( 1561 )