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REGISTERED No. D. 221

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No 247] NEW DELHI, WEDNESDAY, OCTOBER 24, 1973/KARTlKA 2, 1895

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

as a separate compilation.

MINISTRY OF COMMERCE

PUBLIC NOTICE

IMPORT TRADE CONTROL New Delhi, the 24th October 1973

SUBJECT.—Import policy for Registered Exporters for 1973-74 Registration of export contracts. (Amendment No. 46).

No. l73-lTC(PN)/73 Attention is invited to the provisions pertaining to 'Registration of Export Contracts' as contained in paragraphs 56 to 64 of Part 'B' Section I of the Import Trade Control Policy (Red Book—Vol. II) for April 1973— March 1974, published under the Ministry of Commerce Public Notice No. 46-ITC (PN)/73 dated 2nd April, 1973.

2. Paragraph 59 of the said provisions reads as under: —

"If during the currency of the registered contract, there is an increase in the percentage of import replenishment from a particular date, the benefit of such Increase will also be allowed against the exports made In the execution of such registered contract on or after the said date". 3. In this connection, it may be clarified that, In the event of any subsequent reduction in the increased percentage of import replenishment, there would not be any protection for continuance of import replenishment at the increased rate. In such cases, the exporters will therefore, be eligible for the rate of import replenishment as permissible on the date of the registered contract or the rate obtaining on the date of export made in execution of the contract, whichever is higher, S. G. BOSE MILLICK Chief Controller of Imports & Exports, (I40I) I4O2 THE GAZETTE OF INDIA EXTRAORDINABY [PART I—SEC. 11 MTINTED BTT THE MANAGER, GOVEHSfMtNT OF INDIA FREWS. MINTO ROAD, N *W DELHI AN D P U B L I S H^ BY TUB C O N T R O L^ OF pVPWC>^TIONS. DELHI, 1 0 73