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REGISTERED No. D. 221

The Gazette of India

EXTRAORDINARY

PART I—Section I

PUBLISHED BY AUTHORITY

No. 180] NEW DELHI, SATURDAY, AUGUST 4, I973/SRAVANA 13,1895

Separate paging is given to this Part in order that it may be filed as a separate compilation.

MINISTRY OF COMMERCE

PUBLIC NOTICES

IMPORT TRADE CONTROL

New Delhi, the 4th August 1973

SUBJECT.—Licensing conditions relating to import from, Canada of equipment and/or

machinery and/or services under Canadian Development Lines of Credit

dated July 16, 1971 for C $ 10 million.

No. 125-ITC(PN)/73 Attention is invited to late Ministry of Foreign Trade Public Notice No. 146-ITC(PN)/71, dated the 28th October, 1971 as amended by Ministry of Commerce Public Notice No. 40-ITC(PN)/73, dated the 22nd March, 1973 on the subject mentioned above.

2. The terminal drawal date of the Canadian Development Line of Credit has been further extended upto 30th June, 1974. It has been decided that import licences under this credit will be issued with an initial validity of four months or upto 31st May, 1974, whichever is earlier.

3. Para 1, 1 of Annexure to late Ministry of Foreign Trade Public Notice No. 146-ITC(PN)/7], dated the 28th October, 1971 may be deemed to have been amended accordingly. Other conditions of the Public Notice remain unchanged.

(1037 )

SUBJECT.—Licensing conditions for the UK/India Capital Investment Loan 1973 dated 24th May, 1973.

No. 126-ITC(PN)/73.—The terms and conditions governing the issuance of import licences against the UK/India Capital Investment Loan 1973 dated 24th May, 197J1 as given In the Appendix to this Public Notice arc notified for information.

APPENDIX

Licensing conditions for the UK/India Capital Investment Loan, 1973 dated 24th May, 1973. I. General conditions

1. The Import licence will bear the superscription "UK/India Capital Investment Loan, 1973". In addition to the licence number and the licence code with 'iR/KK' as suffixes, it should bear the allocation number in the manner detailed in paragraph 3, and these allocations will relate to one of the segments below:

'A' Segment—(£5.5 million private sector segment)

Where the licence is issued in favour of a private Sector unit on the basis of clearance accorded by the Capital Goods Committee.

'B' Segment—(.£6.5. niUion public sector segment)

Where the licence is issued on the basis of sanction issued by the Administrative Ministry after obtaining clearance of foreign exchange accorded by the Ministry of Finance, Department of Economic Affairs (WE II Section) New Delhi, in favour of public sector units or departmental undertakings of Central or State Government

'C1 'Segment—For NSIC—NIL.

'D' Segment— (£ 1,5 million I.F.C.I. Segment)

Where the licence is issued to development projects financed by the I.F.C.I. on the basis of clearance of foreign exchange accorded by I.F.C.I.

'E' Segment—(£. 1,5 million I.C.I.C.L segment)

Where the licence is Issued to development projects financed by the I,C.I.C.I, on the basis of clearance of foreign exchange accorded by I.C.I,C.I.

2. Within a fortnight of the receipt of the import licence, the importer should furnish to the Department of Economic Ailairs (WE II Section) a photostat copy of the import licence, A copy of this should also be sent to the Controller of Aid Accounts, Department of Economic Affairs, Jeewan Deep Building, 10-Parliament Street. New Delhi.

3. Identification Sufflx.—Each allocation under the "UK/India Capital Invest- ment Loan 1973" will bear an identification suffix—the symbol 'CIL' indicating the loan; followed by a lciter showing the segment of the loan ('A' for the pri- vate sector segment' 'B' for the public sector segment 'D' for the I.F.C.I. Segment and 'E' for the I.C.I.C.I Segment); followed by a number indicating the year; in which the allocation is made, and followed by an allocation number, for example,

CIL/A/73/14(GOI).

i.e. Loan/Segment/Year/Serial number of allocation.

In case of allocations made with the prior approval of the UK Government or in the case of I.F.C.I. and ICICL, the symbol (GOI) will not appear in the identi- fication suffix.

One Allocation-Multiple licences.—As there may be more than one licence against any allocation, the licensing authorities will ensure at the lime of issue of the import licence that each licence pertaining to an allocation will bear a further identification mark, for example,

CIL/A/73/14(GOI)-I

i.e. Loan/Segment/Year/Serial number of allocation-Serial number nf licence.

CIL/A/73/14(GOI)-2 etc,

One licence-Multiple contracts.—As there may be more than one purchase order/contiact against an import licence, it is the responsibility of the licensee to ensure that each order under an import licence is fiiven a further identification mark (1), (2) etc. e.g.

CIL/A/73/14(GOI)-l(l)

i.e. Loan/Segment/Year/Serial number of allocation-serial number of import licence against the allocation serial number of order against the Import licence.

CIL/A/73/14(GOI)-l(2) etc. etc.

Similarly for orders against the second licence against this allocation.-

CIL/A/73/14(GOi)-2(l) CIL/A/73/14(GOI)-2(2) etc etc.

4. Mode of Payment.—payments tr> the suppliers can be arranged through normal banking channel by establishing letters of credit, but a special authorisation for doing so should be obtained from the Controller of Aid Accounts, Ministry of Fm- ance, Department of Economic Affairs, Jeevan Deep Building, 10, Parliament Street, New Delhi in the manner detailed in Section IV below. Any payment towards Indian Agent's Commission should be made In Indian Rupees to the Agents in India. Such payments however will form part of the licence value and will, therefore be charged to the licence.

5. Validity period.—The licence will be issued with an initial validity period of 12 months. Firm orders of CIF or C&F basis must be placed within four months from th,e date of issue of the import licence. If orders cannot be placed within first four months for valid reasons, the licence should be submitted to the licensing

authority within the lour months' period or immediately thereafter, giving trfl reasons for the delay in placing orders and indicating the date by which order; would be placed and extension in the period of ordering as necessary. Sue! requests will be considered on merits by the Chief Controller of Imports anc Exports, New Delhi in consultation with ihe Ministry of i'inance (Department o: Economic Affairs), New Delhi wheiever necessary.

6. Placement of Orders.—It should be noted that unless ordering is complete within lour months or the extended period allowed by Lhe licensing authority, and the special authorisation (.as indicated in paragraph 4 above) is obtained, the autho rised dealers in foreign exchange will not permit establishment of letters of credit

7. Basis of Orders—Cash.—Orders should be placed on cash basis and all pay- ments must be completed within a month of the expiry of the licence. Individual payments must be. arranged upon shipment of goods. No credit facilities of any kind will be permitted.

II. Special pointn to be incorporated in the orders Icontracts or otherwise kept in

view

1. While placing orders/contracts which must be placed only on the suppliers in the U.K. (which expression Includes the Channel Islands and the Isle of Man), the licensee must ensure by a provision in the same that the goods purchased are oi will be wholly or mainly produced or manufactured in the U.K. When the contract also provides for works and services in connection with the purchase of such goods, it must similarly be ensured by a suitaMc provision therein, that such works and services are or will be provided by persons ordinarily resident or carrying on business in the U.K.

2. Responsibility of the Importer to ensure minwmm UK. Content.—It should be particularly noted that the U.K. supplier/contractor will have to sign a contract certificate as provided in Section III below, indicating the non-UK content If any, of the goods to be supplied or In the case of chemicals and allied products declare them to be of U.K. Origin. If the non-UK element is likely to exceed 20 per cent of the f.o.b. value of the contract, it should be brought to the notice of the Controller of Aid Accounts, Ministry of Finance, Department of Economic Affairs, Jeevan Deep Building, 10, Parliament Street, New Delhi and firm commitment should be entered into only if the Department of Economic Affairs, Ministry of Finance agree.

3. The documentation requirements mentioned in Sections III and V below and the payment procedure laid down in Section IV below should be kept in view and Should be appropriately incorporated In the contract.

Ill, Notification of contract? and amendments thereto

1. WHhln a fortnight of placing of orders, the licensee should forward three copies of the contract or notification of contract (in the form attached as Annexure I) accompanied by two copies of the Contract Certificate in the form attached as Annexure II or Annexure I(B) (as is appropriate) duly signed by the supplier, to- the Controller of Aid Accounts Ministry of Finance, Department of Economic Affairs, Jeevan Deep Building lo, Parliament Street, New Delhi.

2. While forwarding the above documents to the Ministry of Finance, it must be ensured by the licensee that the number and date of the" Import licence and the name of the credit are clearly noted in the documents. The licensee must give the Identification suffix in each of the contracts against an Import licence. For example, if the identification suffix of the import licence is CIL/A/73/14(GOI)-l, the identi- fication number for the first contract under this licence should be CIL/A/73/14 (GOT)-l(l), for the second contract against this licence, it should be CIL/A/73/14 (GOT)-l (2). etc. Bnd the licensee while forwarding the contracts to the Ministry of Finance must give ..the relevant details of the number of contracts placed under the relevant import licence to date. The importer will be solely responsible for the accuracy of these details.

3. If at any time a contract is amended or if linbilitv is to be Incurred there- under to a greater amount than the amount specified in the contract certificate, the licensee should wlhln a fortnisht of the date of the amendment of the contract, forward the relevant suni-iUmpntarv or revised documents, conies of amendments to contracts and the revised "Contract Certificate" to the Ministry of Finance in Order to enable them to notify the same to the U.K. Government.

4. If, in any case, the contract is with the Indian Agent of the UK supplier, it should indicate the name ot the UK supplier to whom payment is to be made for the sterling,portion of the contract which alone will qualify for payment under the loan. Copies of such contracts (or of contracts placed by Indian Agents with UK suppliers, if there are such separate contracts) should be sent as prescribed above. IV. Payment to UK suppliers—letter of credit procedure

1. The licensee should apply to the Controller of Aid Accounts (Economic Aid Accounts Branch), Ministry of Finance, Department of Econmic Affairs, Jeevan Deep Building, 10, Parliament Street, New Delhi for a letter of authorisation to any of the Exchange Sank in India for opening a letter of credit in favour of the UK suppliers with one of the correspondent banks in the United Kingdom.

2. The request for the letter of authorisation should be in the form given in Annexure III and should be accompanied by a copy of the firm order and a con- tract certificate completed by the United Kingdom supplier, the letter to be in the form set out at Annexure II or Annexure II(B) (as is appropriate).

3. If the application is found to be in order, Ministry of Finance, Department -of Economic Affairs will issue an authorisation for the requisite amount to the importer and the Indian Exchange Bank concerned. The authorisation order of the Ministry of Finance will also refer to the identification suffix of the purchase order e.g. CIL/A/73/14(GOI)-I(l). The identification sufnx should also figure in "the letter of credit to be opened and in all the documents to be furnished under the letter of credit. The Ministry of Finance will also advise the UK Bank concerned. The advice to the UK Bank will, however, be sent to the Indian Exchange Bank concerned along with their copy of the authorisation letter who should transmit it to the UK Bank while opening the letter of credit.

4. The letter of credit should be opened within a month from the date of issue of the authorisation (under intimation to the Ministry of Finance) failing which the authorisation will lapse. The letter of credit should detail the conditions to which -the licence is subject, should provide for payments to the suppliers on the submis- sion of all the documents detailed in Section V below, should contain adequate instructions! regarding the despatch of documents after payment and should be opened subject to the condition that the correspondent hanks in TTK would, after making payments to the beneficiaries initially out of their own funds, obtain re- imbursement thereafter from the bank in India on which the letter of credit was opened. The Indian Exchange Band's instructions ^"RTding the opening of letter •of credit must accord completely with the authorisation issued by the Ministry of Finance. There should be no discrepancies in any respect.

5. The letter of credit should be clearly marked -"nth the loan title allocation number and other particulars viz. serial number of imnort licence under the given •allocation and the serial number of the contract pertaining to the import licence etc. etc. as indicated in the letter of authorisation.

V. Documentation

1. The importer is responsible to see that the UK supplier commutes and submits the documents detailed below to the UK Bank at the t:me of claiming payment for •the goods supplied: —

(i) The original invoice with four photo copies r"- copies by any other process. The invoice should show the name a¹""' i r ^ e ss of the -'mnorter, quan- tity and detailed description of each item supplied, sales price for each item reflecting; all trad-^ discounts, the ^?=is of delivery ?C&F or CIFi and the sterling cost of anv incidental •""•vices including delivery ser- vices or marine or transportation insurance.

(ii) One copy (or photostat) of Oc°?n or ch^t'^-narty bill of Isndins or air- way bill or parcel post receipt. (Thp Pill of Landing sMll indicate the carrier's statement of charges in wha+ever currency i+ j* raid").

(iii) Four copies of the payment certificate in 1Vi" form given in Annexure IV (not reouired in rescect of contracts f™- which contract certificate (Chemicals) in the form given in Annexure II(E) has been provided). For the purpose five bank forms of the raayment certificate in the prescribed form should be attached to the letter of credit for comple- tion by the supplier at the time of obtaining payment.

(iv), Three copies of the contract certificate prescribed in Annexure II o] Annexure II(B).

Each document must show the loan title, identification suffix, details of import licence, and the particulars of the letter of credit authorisation issued by the Ministry of Finance.

2. While opening letter of credit, the authorised Exchange Bank in India will on behalf of the importer, take care to incorporate necessary conditions in the letter of credit to ensure that the above requirements of documentation are noted and complied with by the UK suppliers.

3. After the payment is made to the supplier, the correspondent bank in the UK will send by air mail the original negotiable set of documents to the Indian Bank concerned. The Indian Bank will reimburse the UK .Bank by remittance the pay- ments made by It to the UK suppliers, along with the Bank charges, The recovery of corresponding rupee equivalent by the Indian Bank from the Importer for such foreign exchange remittances will be as per arrangements agreed to between them. The U.K. Bank should also send a non-negotiable copy of the completed payment, certificate to the Controller of Aid Accounts, Ministry of Finance, Department of Economic Aflairs, Jeevan Deep Building, 10, Parliament Street, New Delhi.

VI. Indian Bank's responsibility to enable the Government of India to obtain re- imbursement under the U.K. Loan

After reimbursing the UK Bank of the sterling payments made by it to the U.K. suppliers along with the bank charges, the Indian Bank should within the next 10 days send the necessary documents to the Controller of Aid Accounts, Ministry of Finance, Department of Economic Affairs, Jeevan Deep Building, 10, Parliament Street, New Delhi to enable the Government of India to obtain the necessary re- imbursement under the U.K. Loan. The documents to be furnished are: —

(i) Contract certi/icate in the form of Annexure II or Annexure 1KB) (as is appropriate) duly signed by the U.K. supplier, and a copy of the relevant letter of credit.

(ii) Payment Certificate in the form given in Annexure IV duly signed by the U.K. supplier.

(iii) The invoice and Bills of Landing as mentioned in Section V. Where there is more than one payment to be made to the UK supplier under a contract, the Contract Certificate and a copy of the letter of credit need to be supplied only for first payment and for the subsequent payments only the payment certificate and invoices need to be send to the Ministry of Finance, but the identification suffix in the relevant contract certificate and the letter of credit should be quoted.

VII. Reports on the utilisation of the Import Licence

A monthly report, in the form attached as Annexure V showing the utilisation status of the licence, should be furnished on or before the 7th of each month to (i) the Controller of Aid Accounts (Economic Aid Accounts Branch), Ministry of Finance, Department of Economic Affairs, Jeevan Deep Building, 10, Parliament Street, New Delhi, (ii) Shri Srinivasan (S.O. WE II), Ministry of Finance De- partment of Economic Affairs, North Block, Secretariat, New Dalhi and (iii) to the Ministry of Industrial Development, Capital Goods Committee Section, Udyog Bhavan, New Delhi.

Where the release of foreign exchange has been made by the IFCI and TCICI, the report should be furnished to the respective organisations concerned.

VIII. Miscellaneous

1. Notifying Suppliers of Special Conditions.—The licence should apprise the supplier of any special provisions in the import licence which may alfect the sup- pliers in carrying out the transaction.

2, Refund froii UK Suppliers.—If any refunds are received bv the licensee from trie supplier, the shipper or the Insurer, a full report showing the amount received together with other relevant particulars, should be sent to the Ministry of Finance

at the address indicated in Section VI above, as and when such refunds are received The report regarding refunds should be as in the proforma In Annexure VI.

3. Disputes.—It should be understood that the Government of India will not undertake any responsibility for disputes, if any, that may arise between the licencee and the suppliers or any liabilities as such between the licensee and suppliers;

4. Further Instructions.—The licensee should promptly comply with any direc- tions, instructions or orders issued by the Government regarding any and all matters arising from or pertaining to the import licence and for meeting all obligations under the credit agreement.

5. Breach, or Violation.-—Any breach or violation of conditions set forth in the above clauses will result in appropriate action under the Import and Export (Control) Act.

IX. List of Annexures by title

Annexure I—Notification of Contract. Annexure II—Contract Certificate,

Annexurell(B)—Contract Certificate (Chemicals). Annexure III—Form of Application for Letter of Credit Authorisation. Annexure IV—Payment Certificate. Annexure V—Monthly Report on Ordering and Utilisation of Import Licence^ Annexure VI—Report on refunds received.

AITOEXTOE I

NOTIFICATION OF CONTRACT

UK/INDIA CAPITAL INVESTMENT LOAN WT.l

To

The Crown Agents

Notification of Contract No.

The following arc details of the contract under which it is pronosed that pay- ments shall be made in accordance with the terms and conditions of the above loan 1. Name and Address of United Kingdom Contractor. 2. Date of Contract. 'A. Narao of Purchaser. 4. Short description of goods.

and/or works or services.

5. Value of Contract. 6. Terms of payment.

Signature of the authorised officer of the importing firm.

ANNEXURE II

UK/INDIA CAPITAL INVESTMENT LOAN 1973

CONTRACT CERTIFICATE

Particulars of Contract

Indian Import Licence No Identification Suffix No 1. Date of Contract 2. Contract No 3. Description of goods or services to be supplied to the purchaser

(If a number items are to be supplied, a detailed list should be appended to this "rtiflcate)

4. Total contract price payable by purchaser (state CIF, C&F or FOB) £

If goods are to be supplied the following sections must be completed—(If the contractor is exporting agent only, the information requested should be obtained from manufacturer).

5. Estimated per cent of the FOB value of the goods not originating in the United Kingdom, but purchased by the Contractor direct from abroad, i.e. per cent of imported raw material or components used in manufacture.

(a) per cent FOB value (b) Description of itemg and brief specification 6. If any raw material or components used originated from abroad, e.£f. copper, asbestos, cotton, wood pulp, etc. but have been purchased in the United Kingdom by the contractor for this contract, specify: —

(a) per cent FOB value (b) Description of items and brief specification

1/ Services are to be supplied the following section shOT.ild also be completed—

7. State the estimated value of any work to be done or services performed in the purchaser's country by—

(a) Your firm (site engineers charges, etc) . (b) Local contractor

8. Qualifying remarks as necessary in respect of paragraphs 5, 6, or 7 above

9. I hereby declare that I am employed in the United Kingdom by the Con- tractor named below and have the authority to sign this certificate. I hereby undertake that in performance of the contract no goods or services which are not of United Kingdom origin will be supplied by the contractor other than those specified in paragraphs 5, 8, 7 and 8 above.

•

Signed Position hold Name and address of Contractor

Date NOTE.—For the purpose of this declaration the U.K. includes the Channel Islands and the Isle of Man.

AINTNEXURE II (B)

UNITED KINGDOM/INDIA CAPITAL INVESTMENT LOAN 1973

CONTRACT CERTIFICATE FOR CHEMICAL AND ALLIED PRODUTS ONLY

1. Date of Contract Contract No Indian Import Licence

No Date Identification Suffix No

2. Pescriptim of

Price

UK T'lTf C1 i"ssifioi tion No.

Is the product or TTR Origin (see note C1 : t"te 'Yes' Or 'No'

(Note B)

PtTHuctfsltobe S"ppHed to Purchaser (No =A)

3. Total (estimated) Contract Price payable by Purchaser in Sterling £

4. (Declaration) I hereby declare that I am employed in the U.K. by the con- tractor named below and have the authority to sign this certificate, and that the above infonnalon is correct

Signed

Position held Name & address of contractor Date

NOTES

A. This form is only to be used for chemical and allied products, moat of which are covered by the appropriate sub-headings of Chapters is, 25, 28—as and 37—40 of the UK Tariff.

B. See: (i) HM Customs and Excise Tariff HMSO.

(li) Classification of Chemicals In Brussels Nomenclature HMSO.

C. (i) A product is regarded as of 'UK origin' if made either wholly from indigenous UK materials OR according to the appropriate 'EFTA' qualifying process using Imported materials wholly or in part.

(ii) The EFTA qualifying processes arc set out in Schedule I of the EFTA Com- pendium for the Use of Exporters' HMSO.

(iii) For the purposes of this declaration It Is to be emphasised that the "alter- native percentage criterion" DOES NOT APPLY.

(iv) The words "Area Origin"' where they appear in the above Schedule must be taken to mean 'UK Origin' only.

(v) For the purposes of this declaration, the "Basic Materials list" (Schedule III of the EFTA Compendium) does not apply.

(vl) If a qualifying process is not listed for the material In question advice •should be sought from the Crown Agents, CS4 department. 4 Mill bank, London SW 1.

D. For the purpose of this declaration, the United Kingdom includes the Channel Islands and the Isle of Man.

ANNEXURE III Form of Application for Letter of Credit Authorisation

To

The Controller of Aid Accounts, (Economic Aid Accounts Branch¹)

Ministry of Economic Affairs,

Department of Economic Affairs. Jeevan Deep Building, 10, Parliament Street, New Delhi.

SUBJECT.—Import of

from U.K. under UK/India Capital

Investment Loan 1973.

Sir,

In. connection with the Import of

from U.K. against the above UK Loan, we furnish the following particulars to enable you to issue us authorisation for opening a Letter of Credit through our bankers on the U.K. Bank designated by you:—•

1. (a) Particulars of Import Licence

No, & date Value (Rs.) Date upto which valid (b) The Allocation No. as given in the import licence. (c) No. of contracts placed under the import licence so far. (d) The serial number of the contract to which this application relates, 2. Sterling value of licence (Calculated at £ 1 per Rs. 18.968)

3. Sterling value of the order placed for which authorisation is required speci- fying the name and address of the UK supplier/suppliers and the amount(s) of authorisations required separately against each supplier (copy of orders placed and UK Suppliers' acceptance thereof to be attached),

4. Name of the Indian Bank which wiU open Letter of Credit. 5. Name of UK correspondent Bank on whom the Letter of Credit is to be established.

Yours faithfully,

Signature of the Licensee and full address.

ANNEXURE IV

UNITED KINGDOM/INDIA CAPITAL INVESTMENT LOAN 1973

PAYMENT CERTIFICATE

Indian Import Licence No Identification Suffix No.

I hereby certify that :

(i) the payment referred to in the invoices listed below, which or copies of which accompany this payment certificate, fall due and are due to be made in respect of Contract No, dated between the contractor named below and (purchaser)

and are in accordance •with the particulars of this contract notified In the contract certificate signed on behalf of the said contractor on

Date Amount Short description of goods works and/or Contractort's invoice No,

Services

£

(il) The amount specified in paragraph (1) do not include any additional foreign content to that declared in paragraphs 5, 6 or 7 ol the contract certificate.

(iii) I have the authority to sign this certificate on behalf of the contractor named below.

Signed Position held For and on behalf of Name and address of Contractor Date NOTE.—For the purpose of this declaration the United Kingdom Includes the Channel Islands and the Isle of Man,

ANOTXURE V

Form of Utilisation Report in respect of

UNITED KINGDOM/INDIA CAPITAL INVESTMENT LOAN 1973.

(to be furnished separately in respect of each import licence) (Where there are more than one contract against an import licence, the informa- tion should be given In respect of each contract, separately}. Identification suffix

(see Section I—para 2) 1. Name & address of the Importer 2. Import Licence No. & date, and the value thereof 3. Date and value of orders placed against the

above Import licence.

4. Whede orders have not been placed for the full

value of the import licence indicate the phasing of balance order.

5. Confirmation whether the contract documents have been/are being sent to the Controller of Aid Accounts Deptt. of Economic Affairs, Minigtry of Finance, New Delhi in accordance

with the relevant stipulation in the licensing conditions LNo. & date of communication(S) quoted].

6. Details with value of letter(s) of credit

opened in favour of the UK supplier(s).

7. Phasing of Payment (m £s and Rs.)

A. Actual payment made to UK suppliers

(i) April 73 to September 73 (ii) October 73 to March 74 (iii) (iv)

(and so on)

B. Estimates of payments to be made to

UK suppliers.

(U April 74 to September 74. (ii) October 74 to March 75 (iii) April 75 to September 75 (ivj October 75 to March 76 (and so on)

8. Indicate specifically the portion of the

import licence not covered by the orders and thus surrendered.

Signature

ANNEXURE VI

Report showing details of refunds received from Supplier/Shippers/Insurers (towards settlement of claims for short landings, damages etc.) in respect of imports from the UK under UK/India Capital Investment Loan 1973.

(only for claims settled in £ sterling)

1. Name of Importing firm

2. Particulars of UK Credit

3. No. and Dale of import licence

4. Value of Import licence.

5. Amount of refund received

6. Nature of refund (give brief details)

7. Reference to the relative documents under

which payment was made initially to the UK Suppliers (indicate name of' India Bank and reference to their letter No. & date, forwarding the documents to the Ministry of Finance).

8. Whether or not refunds received are to be utilised for replacement of goods, if not confirm that amount has been actually received and encashed into rupees.

9. Remarks.

Signature of the authorised officer of the Importing firm.

S. G. BOSE MULLICK,

Chief Controller of Imports & Exports.

U³J"HT I- Etc. 1] T£E GAZETTE OF iNDIA EXTRAORDINARY i6"

pniNTED BY THE MANAGER, GOVERNMENT OF INDIA PRESS, MINTO ROAD, NEW DELHI AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI, 1 0 73