THE GAZETTEof India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 123] NEW DELHI, MONDAY, JUNE 30, 1975/ASADHA 9, 1897
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 30th June 1975
SUBJECT.—Import Policy for the year April 1975—March 1976.
No. 57-ITC(PN)/75.—Attention is invited to para 33 of Section I of the Import Trade Control Policy Red Book (Vol. I) for the period April 1975—March 1976, in terms of which small scale units (existing) engaged in 'Select' industries are required to submit applications under the automatic-cum-supplementary licensing scheme to the licensing authorities concerned on or before 31st August, 1975.
2. On a review of the position and the fact that only one application for automatic and supplementary licence is required to be made by small scale units engaged in 'select' industries in terms of the import policy for the licensing period April 1975—March 1976, it has been decided to extend the last date upto 31st October, 1975. Applications received after 31st October, 1975 are liable to be summarily rejected.
3. In terms of para 25 of Appendix 41 of the Import Trade Control Policy Red Book (Vol. I) of the period 1975-76, it has been provided that in respect of canalised items where the entitlement of a unit is Rs. 1.25 lakhs or less per annum, letter of authority may be issued in favour of the applicant with import licence in the name of canalising agency. It is clarified that this letter of authority facility will be available in all cases where the requirement of iron and steel items in any category, in 'any release order, is less than Rs, 1,25 lakhs in value.
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