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REGISTERED No. D-(D)-72

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 21] NEW DELHI, FRIDAY, JANUARY 28,1977/MAGHA 8,1898

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 28th January 1977

SUBJECT.—Procedure for import of Capital Goods against World Bank Loan 1260- IN of $40 million to the Industrial Development Bank of India for on-lending to State Financial Corporation for the import of plant and equipment

No. 8-ITC(FN)/n.—The World Bank has made available to the Govt of India, credit in various currencies, equivalent to U S. $ 40 million the rupee equivalent of which will be utilised by the Industrial Development Bank of India for refinancing loans disbursed by the State Financial Corporations to industrial undertakings in the small/medium scale sectors.

2, The proceeds of this World Bank Loan are available for refinancing loans granted by State Financial Corporations to such Industrial units in the small and medium sector which are eligible for assistance under the State Financial Corpora- tions Act, 1951

3. The last date for the commitment of the loan is 31st December 1978 and the last date for utilising the loan is 30th June, 1981.

4 Loans may be granted by the State Financial Corporations to these indus- trial units for setting up new projects as well as for expansion, diversification,

(9 5)

modernization, etc. of existing units in cases where at least some portion of the loan is required for financing impoit of capital goods and/or for technical know- how and engineering fees in special cases,

5. The minimum limit fixed by the Industrial Development Bank of India for the loan amount is Bs. 10,00U/- The maximum limit of loan is Rs, 30 lakhs as provided under the State Financial Corporations Act, 1951.

6, Industrial concerns having paid-up capital and free reserves exceeding Rs 1 crore are not eligible for assistance from SFCs,

7 To facilitate the borrowers of State Financial Corporations to obtain licences for the import of capital goods quickly and to get their loans sanctioned from SFCs almost simultaneously, the procedures tor the import of capital goods against this credit have been simplified. The details of the simplified procedure for the sub- mishlon of and issue of capital goods import licences are briefly set out below,—

(i) Irrespective of the size of the borrowing unit/value oi import licence, applications for the import of capital goods against this credit will be considered by the Capital Goods Ad-hoc Committee,

(n) Industrial units desirous of making use of the facility under this credit will apply to the State Financial Corporation concerned for sanction of financial assistance and simultaneously ,applv to the Chief Con- troller of Imports & Exports for an import Licence In cases where the value of plant and machinery or machine tools required to be imported exceeds Rs 7 5 lakhs, however the applicant ?hould follow the advertisement procedure as laid down in paragraph 137 of the Import Trade Control Hand Book of Rules and Procedure. 1976-77 before applymg to the C CI & E for import licence,

(in) The application for import licence should bear the stamp of the State Financial Corporation to whom the applicant has approached for financial assistance A copy of the import licence application should be forwarded by the applicant/borrower to the New Delhi Regional Office of the Industrial Development Bank of India at its address given below —

"The Deputy General Manager Industrial Development Bank of India, New Delhi Regional Office, Bonk of Baroda Building, 16, Parliament Street, Post Box No 231, New Delhi 1"

(IV) The New Delhi Regional Office of the Industrial Development Bank of India will prepare a summary of the case on the basis of the applica- tion for import licence and forward the same to the C O Ad-hoc Com- mittee which meets every week.

(v) The C G Ad-hoc Committee will take a decision after eliciting the views (in the meeting of the CG Ad-hoc Committee) in regard to clearance from the indigenous availability angle and take a final deci- sion The decision of the Committee will be communicated by the CCI & E to the applicant (Under intimation to t he SFC concerned) advising the applicant to obtain and furnish the required sanction of financial assistance from the State Financial Corporation Simulta- neously, the New Delhi Regional Office of the Industrial Develop- ment Bank of India will also communicate the decision of the Com- mittee to the SFC and advise the applicant about the clearance of imnort bv the Committee to enable the applicant for making ar- rangements for the import of capital goods on receipt of the import licence

(vi) The Chief Controller of Imports and Exports will issue the import licence )n favour of the applicant after (a) import of capital fioods Is cleared by the C G. Ad-hoc Committee; and fb) the SFC concerned has inti- mated that it has sanctioned the loan for financing the import, (vll) The applicant seeking import of capital gonds should possess a valid industrial licence under (Industrial Development & Regulation) Act, 1951 where such a licence is reauiretf for manufacturing the item. In cases where the atrollcant has been Issued a Letter of Intent for manu- facturing a particular item he Is eligible to BIH>1V for the capital Roods imnort licence whl^i will he Issued to him onlv after the industrial licence Is issued to*ie applicant in lieu of the letter of intent held by him.

97

(vm) Applicants belonging to the small scale sector are required to be regis- tered with the Director of Industries of the State In which the unit 13 situated before applying for an Import licence for capital goods Simultaneously, the applicant should apply to the State Financial Corporation for a loan for his project including loan for the import of capital goods. The essentiality of the imported plant and equipment should be certified by the concerned State Financial Corporation

8 The terms and conditions governing the issuance of the import licences

financed under this credit are set out below General

I These condition^ will be applicable to import of goods and services which have bpen approved by the Capital Goods Committee of the Government of India in respect of applications placed before it by the industrial concerns in the medium and small scale sector A list of industries which are reserved exclusively for development in the Small Scale Sector is given at Annexure I.

II The Import licence can be issued only after a sub-loan under the Credit has been sanctioned by the State Financial Corporation (SFC) of the State in which the applicant unit Is situated.

The application for import licence should bear the stamp of the SFC to which the industrial unit has applied for a sub-loan and the number of the application for such sub-loan A copy of the import licence application should be forwarded by the applicant to the New Delhi Regional Office of the Industrial Development Bank of India, Bank of Baroda Building. Post Box No. 231, New Delhi 1.

Identification

III. Each import licence will bear the identification mark "IBRD/IDBI Loan No. 1260-IN" followed by the year in which the licence is issued and then followed by a Serial number which is to be given consecutively

IV The goods and services to be financed under the import licence must be acquired from the member countries of the World Bank or Switzerland. A list of such countries 13 given in Annexure II.

V The value of the import licence should be determined with reference to the rate of exchange notified by the Government of India

VI Orders must be placed on C I F or C & F basis.

If more than one purchase order/ contract is placed under the Import licence, each such purchase order/contract should contain an Identification mark for ex- ample "IBRD/IDBI No. 1260-IN/76/I (1), IBRD/IDBI Loan No 1260-IN/78/I (II) and so on

VII The import licence will be issued with an initial validity period of 12 months within which shipments should be completed. The licensee must Impress on the foreign suppliers to adhere strictly to the promised delivery date

VIII (a) Firm orders (Purchase Order supported by Suppliers' order confir- mation or purchase Contract signed by both parties) must be placed within four months from the date o£ issue of the import licence.

(b) If orders are not placed within four months, the licensee should apply to licensing authorities immediately thereafter (i e in the first week of fifth month) with the adequate justification for suitable extension in the period of ordering. The licensing authorities will extend the validity period for ordering up to a suit- able date, after considering the application on merits, in consultation with the Department of Economic Affairs, Ministry of Finance (FB-I Section) if necessary.

(c) In cases where orders have not been placed for the full value of the licence within 4 months, extension in the period of ordering will have to be obtained for the balance value which Is not covered by orders placed within the prescribed period of four months.

(d) It will be in the interest of the licensee himself to ensure that ordering ia completed within the prescribed period of 4 months In cases where this does not

become possible for valid reasons, he should of his own, approach the licensing a S f t l es for suitable extension in the period of ordering as per procedures mdi- cated in (ii) & (M) above.

(e) The authorised dealers in foreign exchange will exercise necessary checks to ensure that the licensee complies with the requirements of placing orders with- in four months (or any extended period allowed by the licensing authorities) before- any letter of credit is opened by them m this behalf.

Payments under the Licence

IX (a) Payments for goods and services should be made in accordance with the procedure explained m para 10 below Contracts concluded with foreign suppliers must specify the mode of payment and also the documentation requir- ed to be furnished by the suppliers to the licensee as per procedure described m para 10 below.

(b) Payments for the cost of goods and services acquired shall be made in the currency of the country from which such goods and services are acquired, l e m the currency of the country of origin of goods, and not with reference to the country of shipment or the country m which the supplier is located.

The licensee should, therefore, clearly specify the country/countries fiom which goods are to be acquired (1 e, the country of the origin of the goods) and should not indicate the currency area in vague terms He should also furnish this information to the concerned SFC for applying for sub-loan under the credit for import of machinery and equipment.

(c) Payments on account of Indian Agent's Commission and freight charges in respect of goods earned by Indian flag" vessels are to be made in Indian rupees Such charges will, however, from part of t he value of import hcence and will, therefore, be charged to the import licence

(d) The ocean freight charges for shipment m vessels belonging to non- member countries of the World Bank are ineligible for financing under World Bank Loan. Hence the licensee should ensure that shipment is arranged by the supplier only in vessels belonging to member-countries of the World Bank The licensees should specify this in their contract with the suppliers

Detailed payment procedure

X fa) Payments in foreign currency under the licence will be made through normal banking channel i e. through Authorized Dealers m foreign exchange jn India

(b) The prescribed documents are detailed In Annexure III and should be sent along with a proforcna as in Annexure IV by the Licensee's Bank Opening the Letter of Credit.

(c) The Licensee should specify in their contract with the suppliers that the documents Specified in Annexure III are required to be furnished to the Licensee's Bank

(d) The Bank in India while opening the Letter of Credit on behalf of the Licensee should also stipulate in the Letter of Credit that the said documents are required to be furnished to the Bank at the time the bills are drawn under the Letter of Credit.

(e) These documents, after receipt, will be separated and pinned together and forwarded by the Licensee's Bank to the concerned SFC with particulars of the relative import licence duly noted in each of these documents as indicated m Annexure IV SFC will retain these documents for minimum period of 3 years in its custody

(t) The Licensee should note that though the bank opening the letter of Credit is required to furnish the prescribed documents to the concerned SFC he ig to be treated as equally responsible for ensuring submission of these documents to the concerned SFC He is, therefore, advised that he should check promptly with the

99

bank that the documents have been furnished in time to the concerned SFC. The concerned SFC may approach the licensee lor relevant documents If and when necessary.

It should tie clearly understood that the concerned SFC Invariably receives the documents after the payments have been remitted

XI. All payments under the licence must have to be completed within the vali- dity period of the Import licence Including 60 days grace period normally permitted under the licence.

XII. (a) A statement of orders in the form attached (Annexure V) should be sent to the concerned SFC indicating the progress of utilisation of licence by way of orders placed/Letter of Credits opened, actual imports and remittances made and also expected dates of future, shipment. The first report should be sent after 4 months Irom the date of issue of licence or earlier if the ordering is completed and thereafter on the 1st of every month.

(b) As on the 28th February and 31st August each year licensee shall also furnish to the Director of Statistics, Office of CCI&E, Udyog Bhavan, New Delhi, a half-yearly return (with a copy to the Foreign Exchange Section of the Ministry °l I n^u s t r i al Development) indicating the progress in utilisation of licence by way of orders placed Letters of Credit opened, actual Imports and remittances made and also expected dates of future shipment.

Maintenance of Books and Records

XIII. The Importers shall maintain books and records adequate to identify the goods acquired out of the proceeds of the credit to disclose the use thereof In the project and to record the progress of the project Such records and books shall be maintained for a period of five years after the date of eco.uisltion of the goods. Importer shall enable the authorised representatives of 'Ministry of Finance (Department of Economic Affairs) SFC/IDBI/World Bank to inspect the relevant records and documents related to the project, the goods acquired out of the proceeds of the credit and shall afford all reasonable opportunity and assistance to them for such examinatoin whenever such an occasion raises

End-use of goods

XIV. Such goods and services acquired against the licence granted under this credit shall be used exclusively in the carrying out of the Investment project.

Notifying supplier

XV. The importer should apprise the supplier of any special provision in the Import licences which affect the supplier^ in carrying out the transactions-

Disputes

XVX It should be understood that Government of India/IDBI/SFCs will not undertake any responsibility for disputes, if any, that may arise between the Importers and suppliers.

Future Instructions

XVII The importers shall promptly comply with any directions. Instructions, or orders issued by the Government regarding any and all matters arising from

XJSA^TSnSStSJ"for meetlng a¹¹ °hh^™*und- *e

Breach or violation

XVin Any breach or violation of the conditions set forth above win result in appropriate action under the Imports and Exports (Control) Act

ANNEXURE—I

L I ST OF INDUSTRIES WHICH AUK RESERVED EXCLUSIVELY TOR DEVELOPMENT IN THE

SMALL SCALE SECTOR

I. Mechanical Engineering Industries

 1  Barbed  wire.
 2. Beam  scale.
 3. ~ffittts  and  nuts  (except  for  high  tensile  and  other  special  type)
 4  Conduit  pipes—metallic.
 5  Expanded  metal
 6. Hand  numbering  machines.
 7. Hand  stapling  machines.
 8. Hypodermic  needles.
 9. Insecticide  dusters  and  sprayers  (manual).
10. Machine  screw  (except  for  socket  head  and  special  types).
11. Machine  shop  vices.
12. Rivets  of  all  types  (including  bifurcated).
13. Rolling  shutters.
 14. Steel  wool
IS. Students  microscopes.
16. Water  meters
17. Welded  wire  mesh  (except  for  expansion  of  existing  units).
 18. Wire  brushes  and  fibre  brushes.
19. Wire  products—all  wire  products  such  as  wire  nails,  hob  nails,  panel
        pins,  horse  shoe  nails.
20. Wood  screws.
21. Hydraulic  jacks  below  30  tonnes  capacity.
22. Electric  transmission  line  hardware  (other  than  those  manufactured  in
        malleable  castings).
23. Pressure  gauges  (upto  50  lbs  per  sq.  inch).
24. Grease  nipples  and  grease  guns
25  Chaff  cutter  blades.
 26. Metal  fittings  for  garments  and  leather  goodn.
 27. Weights.
28  Domestic  utensils  (other  than  stainless  steel).
29  Steel  measuring  tapes
 30. Household  knitting  machines,
31  Agricultural  implements—
      (a)  Hand-operated  tools  and  implements,
      (b)  Animal  driven  implements.
32. Diesel  engines  upto  15  HP  (slow-speed).
33  Bicycle  tube  valves.
34. Drawing  and  mathematical  instruments  and  survey  instruments  exclud-
        ing  theodolite.
35. Weighing  machines  except  for  sophisticated  items.
36. Boosters.

1 01

Wire gauge and wire netting thicker than 100 mesh size.

Centrifugal pumps upto size 4" and 4".

Gun metal bushes.

37. 38. 39

Hurricane lanterns.

40

Pressure die casting (upto 4 kg.).

41

42. Drums and barrels (upto 50 litre capacity).

Tin containers—unprinted (other than OTS)— cans upto 18 litre capacity.

43

Shoe grindery.

44

Washers

45.

Builders hardware.

46.

Stranded wire

47

File mechanism.

48. 49. GI buckets.

Pressure cookers

.50.

51, Belt fasteners

52 Hand and animal drawn carriage fittings Cutlery

S3

Gate-hooks,

54.

55 Tin cutters.

'56 Domestic gas appliances such as cooking ranges, water heaters, hot plates, etc.

57. 58

Zip fastners (metallic and non-metallic)r Oil stoves

59 Sanitary flxures (metallic only)

60 Umbrella ribs and fittings.

61 Snap fastners.

B2

Safety pins and other similar products like paper pins, staple pins, hair pins, etc

03 Steel furniture

64 Duplicating machines other than special type.

65, , Circhps.

H. Electrical Industries

66. Domestic electrical appliances and accessories such as electric iron, roasters, heaters, washing machines, etc. other than vacuum cleaners industrial washing and dry-cleaning machines, etc •

'

67. (a) Electrical wiring accessories.

(b) Electrical light fittings (such as chokes, starters, reflectors, e t c ).

68 Metal clad switches upto 30 amps

69. Miniature "bulbs—

(a) Miniature vacuum bulbs

(b) Torch bulbs.

(c) Radio panel bulbs

(d) Cycle dynamo bulbs

(e) Decoration bulbs

•Please see page 105

      70 Battery  cell  tester.
      71. AA  and  ACSR  conductors  (upto  and  including  19  strands).
      72. PVC  and  VIR  wires  of  domestic  type.
      73 Room  coolers  (desert  type)
      74. Emergency  lamps,
     75. Voltage  stabilisers—domestic  types.
      76. Carbon  brushes  manufactured  from  carbon  black.
      77 Black  adhesive  insulating  tape.
III.  Electronic Industries
     78  Telescopic  aerials  (for  radio  receivers).
     79, ,  IF  transformers
     80, Air-trimmers  for  professional  use
     81  Assembly  of  loud-speakers
     82  Hearing  aids.
     83. Elecronxc  flash  guns.
     84  Amplifiers  for  entertainment  and  public  addres3  system.
     85, Low-cost  radio  receivers  (below  Rs.  200/-).
     86. Transistor  headers

IV Automobile Ancillary Industries

Automobile radiators (except for expansion on merits)

Electrical horns

87 88.

Exhaust muffers Auto leaf springs

89 90

Fuel tank caps.

91

Fuel lines

92.

Wiring harness.

93. 94 Tail lamp assembly

95. Side lamp assembly

96. Stop lamp assembly

97 Horn buttons.

98. Bulb horn

99

100.

Seats for bus and trucks Ornamental fittings

101.

102,

Rear view mirrors Sun shades.

103 Luggage earner,

104.

Tyre inflators (both hand and foot-operated). Ash trays

105 106 Hub caps

107

Wind shield wipers farms and blades only) Electrical fuses

108. 109 Electrical fuse boxes

110,

111. 112

Battery cables and fittings Spoke9 and nipples Steering wheels.

103;

113. Spot lamps assembly. Sun visor.

114

V. Carriage Equipments

Armature tester. Battery terminal lifters

Condensora and resistance testers

115. 116 117. 118 119

Fender spoons and hammers Feeler gauges

Flaring tools

120 121 Gear flushers.

122. Pullex of all types.

Screw extractors. Spark plug tester and cleaners Toe in gauges. Stud removers (extractors).

123. 124 125 126 127 128. 123

Tyre valve pull out tools Tube cutters Flanging tools

130 131 132

Valve lifters. Valve replacing and resetting tools Camber testing equipment

Ring expanders 133 134. Ring compressors.

VI Chemical Industries

135 136.

Bichromates (except for exports) Dyes—(i) Azo dyes (directs and acids), and

(ii) Basic dves

Fire-works

137. 138 139. 140

Formulated perfumery compounds. Laundry soap. Paints and varnishes—dry distempers, red lead, red oxide, placks;

graphite paints, all paste paints

Palm rosa oil. Pine oil (except for composite schemes). Plaster boards Tooth paste Zinc oxide (by conversion of metallic zinc only) Sodium silicate Cashew shell oil Para-dichloro benzone balls Pottassium silicate. Calcium silicate

141 142 143 144 145 146. 147. 148. 14?. 150 151. 152.

Chlorinated paraffin wax. Dimethyl sulphate based on methyl alcohol. Pyrazolone

153.

VTI Glass and Ceramic Industries

154. 155.

Glass hollow-ware by semi-automatic process¹. Roofing, flooring and glazed -tiles (except plastic and" ceramic tiles o*" sizes 4" x 4" and above),

156. Thermometers (upto 150°C)

167. Low tension insulators

158 Asbestos pipes and fitting (for house hold purposes only and according to ISI specification),

159 Contact lenses

160, Reinforced cement concrete pipes upto 100 cm.

161 Graphite crucibles upto 300 numbers, and silicon cRrbide crucibles upto 100 numbers.

Vffl. Leather-based Industries

162. Leather footwear (except for expansion of the existing units for exports and new units for exports).

163. Belt lacing.

riX. Plastic-based Industries

164. Plastic processed products—

(I) Bottle caps, buttons, lamp-shade, etc, produced by the compression moulding technique;

(li) Plastic articles manufactured from plastic sheets, rods or tubes by t he fabrication technique excluding the technique of vacuum form- ing;

(iii) Polythelene films (films with a thickness of less than 0 10 m m) and products from the film such as coloured printed film and bags;

(iv) Blow-moulded containers and other similar products" manufactured by the blow moulding technique (except for captive use PVC containers and change over by existing units manufacturing metal containers to plastic containers).

(v) Spectacles frames fnom sheets by fabrication technique or by injec- tion moulding;

(vi) Manufacture of polyester sheets for buttons and the processing of the sheets so produced to manufacture buttons

165. Full PVC footwear (chappals, sandals and shoes) except for export by pre-dominantly export-oriented units.

166. Flash light torch cases (plastic). 167. HD polyethylene monofllament yarn

"X. Rubber-based Industries

168. Surgical gloves (except plastic).

169. Cycle tyres and tubes 170. Rubberised cloth.

XI. Wood-based Industries 171. Safety matches 172. Truck body building (wooden structure),

XII. Miscellaneous

173. Absorbent cotton. 174. Cotton measuring tapes 176. Paper conversion products • 176. Sanitary napkins. 177. Woodwool slabs.

•Please see page 105.

105

L I ST or ITEMS FALLING UNDER DOMESTIC ELECTRICAL APPLIANCES.

tern

1. ' Cooking ranges.

2. Storage water heaters/geysers

3.

4

Washing machines with/with- out spin driers. Hot plates/boiler plates.

3

6, 7.

8.

Bread toasters ordy./auto/semi auto. Hot cases. Electric irons (Ordy -auto- stem) Hot air blowers/heat convec- tors

9.

Mixers/grinders with/without accessories such as meat min- cer, all purpose beater, es- presso coffee maker, centrifu- gal juicer, citrus fruit juice extractor, etc. Ice cream makers

10

Room heaters. Egg boilers.

. Espresso coffee makers

Water boilers. Coffee percolators

11. 12 13 14 15 1£ [. Electric kettles ', (Sauce pan/

11 IE IE 2C 21

ring types). '. Electric stoves \. Immersion water heaters >. Hair driers >. Food warmer trays . Baking ovens, with/without provision¹ for roasting/grilling.

2: !, Electric auto tandoor.

Specification Upto 4 hot plates/boiler plates with/ without baking oven/hot case,

upto 4 K.W.

(a) Upto 100 litres cap. (b) Upto 3 K.W.

(a) Upto 8 lbs. cap. dry clothes,

(b) Upto 3 K.W.

(a) Upto 3 Nos. (b) upto 3 K.W. Upto cap. 6 shces.

Upto 4 cubic ft. Upto 8 lbs. weight.

Upto 2 K.W.

(a) Upto fan size 10" (b) Upto blower size 8"x2.5" dis. (a) Cap of jar 1 litre max. (b) Upto 500 watt 30 minutes

rating.

Cap 1 litre (for use with domestic refrigerators).

Upto 3 KW. Upto 1/2 dozen eggs. Upto cap, 3 pints. Upto 100 litre cap. Upto 3 pints Upto 3 pints.

Upto 3 KW. Upto 3 K,W. All types Upto 500 watts Upto 2 cubic ft.

1 KW.

LiIST OF ITEMS FALLING UNDER .PAPER CONVERSION PRODUCTS

Corrugated paper and board. Paper and board cartons. Paper bags. Paper envelopes. Paper napkins. Paper cups. Paper plates. Drinking straws Paper tubes and cones. Corrugated fibre board containers. Gum tape. Waxed paper.

13. 14 15. 16.

17 18. 19. 20

Blue print papers—all types Teleprinter rolls. Stencil paper. Tele tape rolls Slitting of paper into rolls and sheets Composite containers Sanitary towala. Paper twine, string and rope. Paper streps Decorative papers. Exercise books, file covers, registers etc. Transfer labels Bitumunised water-proof paper. Gummed paper stickers, labels, etc Treated tracing paper. Paper cones. Carbon paper

21 22 23 24. 25 26 27. 28 29.

ANNEXURE—II

LIST OF MEMBER COUNTRIES OF THE WORLD BANK

Guinea Guyana Haiti Honduras Iceland India Indonesia Iran Iraq Ireland Israel Italy Ivory Coast Jamaica Japan Jordan Kenya Khmer Republic Korea Kuwait Laos Lebanon Leosotho Liberia Libyana Arab Republic Luxembourg Malagasy Republic Malawi Malaysia Mali Mauritania Mauritius Mexico Morocco Nepal Netherlands New Zealand Nicaragua Niger Nigeria Norway

Afghanistan Algeria Argentina Australia Austria Bangladesh Belgium Balivia Botswana Brazil Burma Burundi Cameroon Canada Central African Republic Ceylon: Chad Chile China, Republic of Colombia Congo People's Republic of Costa Rica Cyprus Dahomey Denmark Dominican Republic Ecuador Egypt Arab Republic of El Salvador Equatorial Guinea Ettiiopia Fiji Finland France Gabon Gambia, The German, Federal Republic of Ghana Greece Gautemala

107

Tanzania Thailand Togo Trinidad and Tobago Tunisia Turkey Uganda United Kingdom United States Upp"r Volta Uruguay Venezuela Viet N am Yemen Arab Republic Yemen, People's Democratic Republic

of

Yugoslavia

Zaire

Zambia

Oman Pakistan Panama Paraguay- Peru Philippines Portugal Romania Rwanda Saudi Arabia Senegal Sierra Leone Singapore Somalia South Africa Spain Sudan Swailand Sweden Syrian Arab Republic

ANNEXURE—III

D O C U M E N TS REQUIRED TO BE S E NT BY T HE AUTHORISED B A NK IN I N D IA TO THE C O N- CERNED S FC IN RESPECT OF INFORMATION OF GOODS BY THE ENTREPRENEUR UNDER EACH LOAN SANCTIONED BY THE CONCERNED S FC

(a) Supplier's invoice describing the goods or services (original or legible copy).

(b) Evidence of payment

(1) Receipted invoice or formal receipt of the foreign supplier; or (2) Cancelled bank cheque or draft or photostat copy thereof; or (3) Other satisfactory evidence.

(c) Evidence of shipment In the form of.

(1) A copy of ocean or airway bill of lading (this need not be a signed copy)

or

(2) A certificate of the supplier or forwarder that the goods have been shipped. This certificate should include the approximate date of shipment, the method of transportation (i e. air, rajl or sea) and the destination of the ship/aircrBft, the name and flag of the vessel or aircraft (if known and amount of ocean/air freight should be given.

NOTE—If shipment has not been made at the time of the application is sub- mitted or if the application relates to down or progress payment on a contract, evidence of Shipment should be furnished as soon as posisble after shipment. This evidence of shipment should be accompanied by a copy of the supplier's final invoice in cases where the application relates to a down or progress payment.

ANNEXURE—IV

Bank's Report of payment Serial No

(Name of Commercial Bank)

Date of payment ,. . . Licence No

, . . ..

To

(Name of Borrower or Borrower's Representative)

(Address)

We report having paid the sum of

to under licence No

(Name of Supplier)

established by

(Name and address of buyer)

Our payment commission/amount to

Payment was affected against delivery of the documents as specified in/and in accordance with the terms and conditions of the letter of credit mentioned above evidencing of . ,

(General description of the merchandise including the Quantity

j

. . .. . . . pei- S S .. . or R R etc) from

. . , , to , .

(Point of shipment)

(Designation) or shortage or manufacture of the goods described at

The connected documents have been forwarded to the State Financial Corporation

(Copy of suppliers invoice is attached)

Very truely yours,

ANNEXURE—V

PHOFORMA REPORT SHOWING ORDERJNO AND PAYMENT POSITION IN RESPECT OF EACH IMPORT LICENCE GRANTED AGAINST LOAN BY THE CONCERNED S F C.

1. Import Licence No , date and value. 2 Ordering position

(a) Total value of orders placed so far (m Rs.). (b)Balance value of orders yet to be p'aced (in Rs ) (c) Phasing of balance orders.—-Indicate when these would be completed.

3. Payment position-

(a) Total value of payments made so far (in Rs.) (Please confirm after checking with Bank that documents therefor have beeji submitted to the concerned SFC by them in all cases).

(b) Balance value of payment*, yet to be made (in Rs.). (c) Phasing of balance payments (Please confirm that payments will be completed within time limit).

4 Remarks, if any, particularly regarding any special difficulty experienced in complete utilisation of licence

Sd/- Authonsed Representative on behalf of importer.

IO9;

I ll

"3

"5

i i7

IZ9

121

123

125

m

SUBJECT—Import of Polyvinyl Chloride Resin: Import Policy for the licensing

period April, 1976—March, 1977

No. 9i-ITC(PN)/77—Attention is invited to the import policy against S No. 113-H/V In respect of polyvinyl chloride resin in Section II of the Import Trade Control Policy Red Book (Vol. I) for the period April, 1976—March, 1977, in terms of which import is allowed to actual users upto 25 per cent of the entitle- ment for the manufacture of battery separators only.

2. On a review of the position, it has been decided to include the item polyvinyl Chloride resin (S. No 113-H/V) in the list of items import of which is canalised through State Chemicals and Pharmaceuticals Corporation of India Limited (CPC) given in Group 'A' of Section III of the Import Trade Control Policy Red Book (Vol. I) for the period April, 1976—March, 1977

3. All actual users, both in large and small scale sector, should register their requirements for polyvinyl chloride resin with the State Chemicals and Phar- maceuticals Corporation of India Limited (CPC) in terms of the procedure Indicated in paras 86—89 of Section I of the Red Book (Vol I) for the period April, 1976—March, 1977. The last date for receipt of applications by the State Chemicals and Pharmaceuticals Corporation of India Limited for direct allotment will be 31st Match, 1977.

4. The import policy as contained in the Red Book (Vol. I) for the period April, 1970—March, 1977 may be deemed to have been amended, as under:

(a) the following entry may be deemed to have been inserted as an additional item 22 under the heading (u), under para 90 of Section I of the Red Book (Vol 1) for the period April, 1976—March, 1977-

"22. Polyvinyl Chloride Resin" (b) The existing remark in Col. 5 against S. No 113-H/V at page 83 in Section II of the Red Book (Vol I) for the period April, 1976— March, 1977, may be deemed to have been substituted by the following:

"Requirements of actual users will be met by import* through Public Sector Agency Please see Section-Ill to this Book.

(c) Tlie item Polyvinyl chloride resin may be deemed to have been included m Group 'A* in Section III of the Import Trade Control Policy Red Book (Vol I) for the period April, 1976—March, 1977, with the following entries;

Description of !

items.

ITC Classification,

(olds)

Name of the canalising agency.

113-H/V

CPC Polyvinyl Chloride Resin

(d) S. No. 113-H and the entries against the same at page 378 in Appendix 74 of the Import Trade Control Policy Red Book (Vol. I) for the period April, 1970—March, 1977, may be deemed to have been deleted,

A. S. GILL,

Chief Controller of Imports and Exports.

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