The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 56] NEW DELHI, SATURDAY, MARCH 17,1973/PHALGUNA 26, 1894
Separate paging is given to this Part in order that it may be filed as a separate compilation.
MINISTRY OF COMMERCE
PUBLIC NOTICE
IMPORT TRADF. CONTROL
New Delhi, the 11th March 1973
SUBJECT.—Extension of time-limit for fulfilment of counter-export obligation under Indo-
Afghan Trade Arrangement, 1972-73.
No. 37-ITC(PN)/73.—Attention of the trade is invited to para 12 of the Ministry of Foreign Trade Public Notice No. 93-TTC(PN)/72. dated 30th June, 1972. in terms of which the licensees were required to export to Afghanistan the goods listed in Schedule B-I and B-II, equivalent to the value of their imports, within a period of six months from the date of import or upto 28th February, 1973, whichever was earlier.
2. On a review of the position, and in partial modification of the aforesaid Public Notice it has been decided to extend the last date for fulfilment of the counter-export obligation, in the required proportion, from 28th February. 1973, to 31st May, 1973. The extension has been granted for the limited purpose of fulfilment of counter-export obligation, against imports already effected from Afghanistan upto 28th February, 1973: and cannot be utilised for entering into fresh import commitments. Failure to fulfil the counter-export obligation in the required proportion, by the crucial date i.e., 31st May, 1973, will render the importers concerned liable to penal action under the Imports and Exports Trade Contrnl/Foreign Exchange orders, rules and regulations.
264 THte GAZfeTtE OP INDIA EXTRAORDINARY [PART I—SEC ll