The Gazette of India
EXTRAORDINARY
PART I—Section \
PUBLISHED BY AUTHORITY
No. 12] NEW DELHI, MONDAY, JANUARY 12, 1976/PAUSA 22,1897
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 12th January 1976
SUBJECT.—Import Licences Issued under IDA Credit for Railways. No. 6-ITC (PN)/76.—Attention is invited to paras 1 and 2 of Ministry of Commorce Public Notice No. 142-ITC(PN)/74, dated the 21st September, 1974, according to which the Import Licences under IDA Credits, for Railways Nos. 162-IN, 280-IN and 448-lN would be issued/extended in accordance with the foreign exchange releases/extensions as conveyed by the Ministry of Railways (Railway Board).
2. The Indian Railways have obtained a further credit from IDA, No. 582-IN. As already indicated, the foreign exchange releases under IDA Credits for Railways, and extensions for their utilisation from time to time, are conveyed by Ministry of Railways (Railway Board) having regard to the conditions of the credits and their availability. The import licences under IDA Credits for Railways will, therefore, continue to be issued/ extended in accordance with such foreign exchange releases/extensions as conveyed by the Ministry of Railways (Railway Board), the criterion for the validity of the licence* being the date upto which the foreign exchange release has been made available or extended, as the case may be.
3. The three procedures for payment under IDA Credits, viz: Case I, Case III and Cage VI procedures, are as given in para 4(i), (ii) and (iii) of Ministry of Commerce Pub- lic Notice No. 142-ITC(PN)/74, dated the 21st September, 1974.
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