The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 52] NEW DELHI, FRIDAY, MARCH 1, 1974/PHALGUNA 10, 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 1st March 1974 SUBJECT. —Supply of imported steel for the execution of orders for projects financed under the I.D.A. Credit:;.
No. 34-ITC(PN)/74.—Attention is invited to the former Ministry of Foreign Trade Public Notice No. 192-ITC(PN)/72, dated the 23rd December, 1972, and the Ministry of Commerce Public Notice No. 63-ITC(PN)/73, dated the 2nd May, 1973, in terms of which supply of imported steel is made to the registered exporters at the JPC Col. I price or the ruling HSL price (where the JPC price is not available), prevailing at the time of submission of tenders, plus 2 per cent thereof less the quantum of excise duty leviable, for the execution of orders received from Projects including State Electricity Boards and financed under the IDA Credits.
2. In partial modification of the provisions, contained in the aforesaid Public Notices, it has been decided that supply of imported steel, under the former Ministry of Foreign Trade Public Notice No. 58-ITC(PN)/72, dated 18th April, 1972 to the registered exporters for the execution of orders received from pro- jects including State Electricity Boards and financed under the IDA Credits, will also be made at the JPC Col, I price or the ruling HSL price (where the JPC price is not available) plus 2 per cent thereof. The refund of excise duty on steel will be allowed alongwiih the refund of excise duty on other materials for which a consolidated claim is to be made in the usual manner.
226 THE GAZETTE OF INDIA EXTRAORDINARY [PART I—SEC. 1]