REGISTERED No. D-(D)-72
The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 343] NEW DELHI, FRIDAY, SEPTEMBER 5, 1975/BHADRA 14, 1897
Separate paging is given to this Part in order that it may be filed
as a separate compilation
MINISTRY OF INDUSTRY AND CIVIL SUPPLIES
(Department of Industrial Development)
NOTIFICATION
New Delhi, the 5th September 1975
S.O. 474(E). IDRA/29B/75.—In exercise of the powers conferred by sub- section (1) of section 29B of the Industries (Development and Regulation) Act, 1951 (65 of 1951), the Central Government hereby exempts from the operation of clause (d) of sub-section (1) of section 13 of the said Act and the rules made thereunder all Industrial undertakings registered under the said Act or in respect of which a licence or permission has been issued under the Act and pertaining to any of the scheduled Industries specified in the Schedule to this notification, to the extent of 5 per cent per annum or 25 per cent in a Five Year Plan period, of the registered or licensed capacity of the industrial undertakings in one or more stages subject to the following conditions, namely: —
(1) the articles of manufacture shall not be an article specified in Schedule I to the notification No. 98(E)/IDRA/29B/73/l dated the 16th Febru- ary 1973. of the late Ministry of Industrial Development (Department of Industrial Development);
(ii) the investment in effecting such substantial expansion by the undertaking shall be met from its own sources without recourse to public financial institutions;
( 2003 )
2004 T HE GAZETTE OF INDIA EXTRAORDINARY [PART ]T— '(iii) if any scheme of substantial expansion involves Import of capital equip, ment, it will be subject to such export obligations as may be specified at the time of approval of the import of capital equipment;
liv) the Industrial undertaking does not have any foreign collabpration agree- ment containing restrictive clauses particularly in regard to exports;
(v) the industrial undertaking shall be eligible for exemption only if the expansion proposed is in respect of any description of goods for which the industrial undertaking ig not a dominant undertaking within the meaning of the Monopolies and Restrictive Trade Practices Act, 1909 (54 of 1969).
2. This is in addition to and not in derogation of notification No. S.O. 88(E)/ IDRA/29B/73/1, dated the 16th February 1973, of the late Ministry of Industrial Development (Department of Industrial Development).
SCHEDULE
1. Automobile ancillarles. 2. Castings and closed die forgings. 3. Tractors, 4. Commercial Vehicles. 5. Conveying equipment. 6. Diesel engines, pumps. 7. Cranes. 8. Earth moving, mining and metallurgcial equipment. 0. Hydraulic equipment.
10. Industrial machinery, including Chemical Plant and Machinery. 11. Machine tools. 12. Textile machines. 13. Power transmission and distribution equipment (other than cables and wires).
14. Power transformers. 15. Switchgear.
[No. F. 12(21)/Lie. Pol./75]
D. K. SAXENA, Jt. Secy.
JftiC. 3(fl)] THE GAZETTE OF INDIA EXTRAORDINARY i o "5 3006 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—SEC. 3(ii)]