The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 241] NEW DELHI, SATURDAY, OCTOBER 28, 1972/KARTIKA 6, 1894
Separate paging is given to this Part in order that it may be filed as a separate compilation
MINISTRY OF FOREIGN TRADE
PUBLIC NOTICES
IMPORT TRADE CONTROL
New Delhi, the 28th October 1972
SUBJECT.—Import Policy for Registered Exporters for the year 1972-73 (Amend- ment No. 27).
No. 154-ITC(PN)/72.—Attention is invited to the Import Policy for Registered Exporters contained in Vol. II of the Import Trade Control Policy Book for the year April 1972-March 1973 issued under the Ministry of Foreign Trade Public Notice No. 47-ITC(PN)/72 dated 3rd April, 1972 as amended from time to time.
2. In terms of para 45(i) (a) of Part B of Section I of the aforesaid Policy Book, there is a provision to allow import of jigs, tools, testing instruments and equipment for packing and tagging for an amount not exceeding 20 per cent of the value of licences or Rs. 1 lakh whichever is less on the recommendation of the sponsoring authorities. It has been observed that some licences have been, issued for import of staples and stappling machines in terms of this provision on the recommendation of the sponsoring authorities. As these items are pro- duced in the country, it has been decided that the import of staples and stappling machines will not be allowed on the REP licences in terms of the aforesaid paragraph even if recommended by the sponsoring authorities.
1808 THE GAZETTE OF INDIA EXTRAORDINARY [PART I—SEC. 11