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REGISTERED No. D-(D)-72

The Gazette of India

EXTRAORDINARY

PART 1-Setttion 1

PUBLISHED BY AUTHORITY

No. 61] NEW DELHI, SATURDAY APRIL 16, 1977/CHAITRA 26,1899

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 16th April 1977

SUBJECT,—Licensing conditions for the UK/India Capital Investment Grant, 1977 doted 27th January, 1977.

No. 19-ITC(PN)/77.—The terms and conditions governing the issuance of import licences under UK/India Capital Investment Grant, 1977, as given in Appendix to this public notice are notified for information

APPENDIX

Licensing conditions for the UK/India Capital Investment Grant, 1977 dated 27th January, 1977 I GENERAL CONDITIONS

The Import licence will bear the Superscription UK/India Capital Investment Grant, 1977. In addition to the licence number and the licence code with 'R/KK' as suffixes, it should bear the allocation number In the manner detailed in para- graph 3, and these allocations will relate to one of the segments mentioned below:—

'A' Segment—private sector segment—Where the licence is issued in favour of a private sector unit on the basis of clearance accorded by the Capital Goods Committee

(273)

'B' Segment—Public sector segment—Where the licence is issued on the* basis of sanction issued by the Administrative Ministry after obtain- ing clearance of foreign exchange from the Ministry of Finance, Department of Economic Affairs (WE II Section) New Delhi in favour of public sector units or departmental undertakings of Central or State Government.

'D¹ Segment—I.F.C.I Sugihcmi —Where the licence is issued to development projects financed, by the IF C.I. on the basis of clearance of forei£n exchange accorded by I.FCI

'E' Eegment—IC.I.C.I Segment.—Where the licence is issued to develop- ment projects financed by the I C.I C.I on the basis of clearance of foreign exchange accorded by I.C I C I

2. Within a fortnight of the receipt of the Import licence, the importer must furnish a photostat coDy of the import licence to the Department of Economic Affairs (WE II Section).—A copy of this should also be sent to the Controller of Aid Accounts & Audit, Ministry of Finance, Department of Economic Aflairs, UCO Bank Building, Parliament Street, New Delhi

3 Identification Suffix.—(a) Each allocation under the 'UJC/India Capital Invest- ment Grant, 1077' will bear an identification suffix, the symbol 'CIG' indicating the Grant, followed by a letter showing the segment of the Grant ('A for the private sector segment, 'B' for the public sector segment, 'D' for the I.F CI Segment and 'E' for the I C.LC I, Segment) followed by a number indicating the year in which the allocation is made, and followed by an allocation number, indicating in the following order—

Grant/Segment/Year/Serial number of allocation

For example CIG/A/77/14(GOI)

(B) In cases of allocations made with the prior approval of the UK Govern- ment or In the case of I.F.C.I. and I.C.I.C.I., the symbol (GOI) will not appear in the identification suffix

(C) One allocation-Multiple licences.—As there may be more than one licence against any given allocation, the licensing authorities -will ensure, at the time of issue of the import licence, that each licence pertaining to an allocation will bear a further identification mark, for example

(i) CIG/A/77/14(GOI)/I

le, Grant/Se^jment/Year/Serial number of allocation/Serial number of licence

Ui) CIG/A/77/14(GOI)/2

(D) One hcewce-MuUiple contracts—As thmp may be more than one purchase orders/contracts against an import licence, it is the responsibility of the Licensee to ensure that each order under an import licence le given a further identification marks (1), (2) etc, for example

(1) Against the first licence' CIG/A/77/14(GOI)/I(I)

i,o Grant/Segment/Year/Serial number of allocation/Serial number of import licence against the allocation/serial number of order against the import licence.

CIG/A/77/14(GOIVK2).

Against the second licence, similarly for orders against the second licence ajjamst this allocation

ClG/A/77/14(GOI)/2(l). CIG/A/77/14(GOI)/2(2) etc etc

NOTE.—The identification suffixes indicated in this section are only illustrative to enable the Licensing Authority and the licensee to understand the procedure. The actual Identification suffix will be indicated by the Department of Economic Affairs in resttect of specific individual allocation to be inscribed by the Licensing Authority on the import licence at the time of its issue

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4 Mode of Payment—Payments to the supplier can be arranged through normal banking channel by establishing letters of credit but a special authorisation for doing so should be obtained from the Controller of Aid Accounts & Audit, Ministry of Finance, Department of Economic Affairs, ITCO Bank Building, Parliament Street, New Delhi in the manner detailed in Section IV below. Any payment towards Indian Agents Commission should be made in Indian Rupees to the Agents in India. Such payments, however, will form part of the import licence value and will, therefore, be charged to it

5 Vabdlty period—The licence will be issued with an initial validity period of 12 months Firm ordeis on CIF or C & F basis must be placed within tour months fiom the date of issue of the import licence If oideis cannot be placed within first four months for valid reasons, the licence should be submitted to the licensing authority within the four months' period or Immediately thereafter, giving the reasons for the delay in placing orders and Indicating the date by which orders would be placed pnd extension m Ife period of ordering as necessary Such re- quests will be considered on merits by the licensing authorities who may grant extensions upto a further maximum period of two months If, however, extension is sought beyond 6 months from the date of ^sue of this import licence, such proposals will invariably be referred by the licensing authorities to the Deport- ment oi Economic Affairs (WE II Section) Ministry of Finance, North Block, New Delhi

G Placement of Orders,—It should be noted that unless ordering is completed within four months or the extended period specifically allowed by the licensing .Authority, and the special authorisation (as indicated in paragraph 4 above) is obtained the authorised dealers in foreign exchange will not permit establishment of letters of credit

7 Basis of orders—Cash —Orders should be placed on cash basis and all pay- ments, must be completed withm two months of the expiry of the licence Individual payments must he arranged upon shipment of goods No credit facilities of any kind will be permitted

II SPECIAL POINTS TO BE INCORPORATED IN THE ORDERS/CONTRACTS OR OTHERWISE KEPT IN VIEW

1 While placing orders/contracts, which must be placed only on the suppliers in the UK (which expression includes the Channel Islands and the Isle of Man) the licensee must ensure bv a provision in the same that the .goods purchased are or will be wholly or mainly produced or manufactured in the UK. When the contract also provides for works and services in connection with the purchase of such goods, it must similarly be ensured by a suitable provision therein, that such works and services are or will be provided by persons ordinarily resident or carry- ing on business in the UK

2 Responsibility of the Importer to ensure U.K. content—(i) Import Licences under the UK/India Capital Investment Gr"it, 1977 will normally be valid only for goods and/or materials procured and produced or manufactured in the United Kingdom In exceptional cases a non-UK element upto a limit of 20 per cent of the FOB value of the contract may be accepted for financing under the UK/India Capit-il Investment Grant, 1977

(n) The Indian Importer will be well advised in his own interest to ascertain from the UK suppliers before hand whether the proposed imports contain any non-UK element, and if so, the percentage thereof, Under no circumstances should he enter into a firm commitment or contract with a UK supplier without specifically ascertaining this point

(iti¹) When on such an enquiry it is revealed that the goods proposed to be imported have non-UK element, the matter must be brought to the notice of the Ministrv of Finance, Department of Economic Affairs, (WE II Section), North Block, New Delhi tor confirmation whether the Importer should proceed with, the flnaltsation of his order/contract with the prospective UK supplier.

:; The documentation requirements mentioned in Section III and V below and the payment procedure laid down in Section IV below should be kept in view and should be appropriately incorporated in the contract

III. NOTIFICATION OF CONTRACTS AND AMENDMENTS THERETO

1. Within a fortnight of placing of orders, the Licenses should forward three copies of the contract or notification of contract (In the form attached as Annexure I) accompanied by two copies of the 'Contract Certificate' (ia the form attached as Annexure 11 or Annexure II(Bj (as Is appropriate) duly signed by the supplier, to the Controller of Aid Accounts and Audit, Ministry of Finance Department of Economic Affairs, UCO Bank Building, Parliament Street, New Delhi.

2 While forwarding the above documents to the Ministry of Finance, it must be ensured by the Licensee that the number and date of the import licence and the name of the Grant are clearly noted in the documents. The Licensee must give the identification suffix in each of the contracts against an Import licence. For example if the identification suffix of the import licence is CIG/A/77/14(GOI)/L the identification number for the first contract under this licence should be CIG/A/77/l4(GOI)/I(I) for the second contract against this licence it should be CIG/A/77/l4(GOI)/I(2) etc and the Licensee while forwarding the contracts to the Ministry of Finance, must give the relevant details of the number of contracts placed under the relevant import licence todate The importer will be solely res- ponsible for the accuracy of these details.

'A If at any time a contract is amended or if liability is to be incurred there- under to a greater amount than the amount specified in the contract certificate, the licensee should within a fortnight" oT fhe date of the amendment of the con- tract forward the relevant supplementary or revised documents, copies of amend- ments to contracts and the revised 'Contract Certificate' to the Controller of Aid Accounts and Audit, Ministry of Finance in order to enable them to notify the same to the UK Government.

4. If, in any case, the contract U with tho Indian Agent of the UK Supplier, it should indicate the name of the UK Sunplier to whom payment Is to be made for the sterling portion of the contract which alone will qualify for payment under the grant Copies of such contracts (or of contracts placed by Indian Agents with UK suppliers, if there are such separate contracts) should be sent as prescribed above

IV. PAYMENT TO UK SUPPLIERS—LETTER OF CREDIT PROCEDURE

1. The Licensee should apply to the Controller of Aid Accounts & Audit (Eco- nomic Aid Accounts Branch), Ministry of Finance Department of Economic Affairs, UCO Bank Building, Parliament Street, New Delhi for a letter of authorisation to anv of the Exchange Bank in India for opening a letter of credit in favour of the UK Suppliers with one of the corresponding banks iri the United Kingdom

2 The renuest for the letter of authorisation should be in the form given in Annexure III and should be accompanied by a copy of the firm order and a con- tract certificate completed by the United Kingdom supplier, the latter to be in the form set out at Annexure II or Annexure II(B) (as is appropriate), and the Import licence or a photostat copy thereof for verification of exchange rate

3 If the application Is found to be In order, Ministry of Finance, Department of Economic Affairs will issue a letter of authorisation for the requisite amount In the imuorter and the Indian Exchange Bf"A concerned The letter of authorisa- tion of the Ministry of Finance will also refer to the identification suffix of the purchase order eg rTG/A/77/14(GOI)/l(l) etc The Identification suffix should also fluure in the letter of credit to be opened and in all the documents to be furnished under the letter of credit The Ministry of Finance will also advise the UK Bank concerned The advice to the' UK BanR will however be sent to the Indian Exchange Bank concerned along with their copy of the authorisation letter who should transmit it to the UK Bank while opening the Letter of Credit

4 The Letter of Cred't should be opened within a month from the date ol Issue of the authorisation (under intimation to the Ministry of Finance) failing which the authorisation will lapse The Letter of Credit should detail the condi- tions to which the licence is subject, should provide for payments to the suppliers on the submission of all the documents detailed in Section V below, should contain edeouate instructions regarding the despatch of documents after payment and should be opened subject to the conditions that the corresponding banks Is UK,

277

after making payments to the beneficiaries Initially out of their own funds would fibtain reimbursement from the bank in India on which the letter of credit was opened The Indian Exchange Bank's instructions regarding the opening of letter of credit must accord completely with the authorisation issued by the Ministry of Finance. Inere should be no discrepancies in any respect.

5. The Letter of Credit should be clearly marked with the Grant title, alloca- tion number and other particulars viz., serial number of import licence under the given allocation and the serial number of the contract pertaining to the import licence or photostat copy thereof, showing the exchange rate applicable for the amount of increase in import licence value

V DOCUMENTATION

1. The importer is responsible to see that the UK supplier completes and sub- unites the documents detailed below to the UK Bank at the time of claiming pay- ment for the fioods supplied- —

(i) The original Invoice with four photo copies or copies by any other pro- cess. [The invoice should show the name and address of the importer, quantity and detailed description of each item supplied, sales price for each Item reflecting Al trade discounts, the basis of delivery (C&F or CIF)] and the steihng cost of any incidental services includ- ing delivery services or marine or transportation insurance

(u) One copy (or photestat) of Ocean or Charter party bill of lading or air- way bill or parcel post receipt (The Bill of'Lading shall indicate the earner's statement of charges In whatever currency it Is paid).

(iv) Three copies pf the contract certificate prescribed in Annexure II or Annexure 1KB)

Each, document must show the grant title, identification suffix, details of import licence, and the particular of the letter of authorisation issued bv the Ministry of Finance However, the document at (ii) above i e. Ocean or charter party bill of lading or airway bill or parcel post receipt need only mention the identification suffix and the letter of credit number

2. While opening Letter of Credit, the authorised" Exchange Bank in India will, on behalf of the importer, take care to incorporate necessary conditions in the' Letter of Credit to ensure that the above requirements of documentation are noted and complied with by the UK suppliers

3. After the payment is made to the supplier, the corresponding bank in the UK will send by air mall the original negotiable set of documents to the Indian Bank concerned. The Indian Bank will reimburse_the UK IJank by remittance the pay- ments made by it to the UK suppliers, alongwith the Bank charges Payments to the UK Bank must be completed within 2 months of the expiry of import licence or within the period prescribed in the import control policy announced from time to time whichever is less The recovery of corresponding rupee equivalent by the Indian Bank from the importer for such foreign*, exchange remittances will be as per arrangements agreed to between them. The UK Bank should also send a non- nesotiable copy of the completed payment certificate to the Controller of Aid Accounts and Audit, Ministry of Finance, Department of Economic Affairs, UCO Bank Building, Parliament Street, New Delhi.

VI INDIAN BANK'S RESPONSIBILITY TO ENABLE THE GOVERNMENT OF INDIA TO OBTAIN REIMBURSEMENT UNDER THE UK GRANT

After reimbursing the UK Bank of the sterling payments made by It to the UK suppliers along with the bank charges, the Indian Bank should within the next 10 days, send the necessary documents to the Controller of Aid Accounts & Audit, Ministry of Finance, Department of Economic Affairs, UCO Bank Building

Parliament Street, New Delhi to enable the Government of India to obtain the necessary reimbursement under the UK Grant The documents to be furnished are .—

(i) Contract Certificate In the form of Annexure II or Annexure 1KB) (as is appropriate; duly signed by the UK supplier, and a copy of the relevant letter of Credit

(II) Payment Certificate In the form given in Annexure IV duly signed by the U K Supplier.

(Hi) The invoice and Bills of Lading as mentioned in Section V where there is more thtn one payment to be made to the UK supplier under a contract, the Contract Certificate and a copy of the letter of credit need to be supplied only for the first payment and for the subsequent payments only -the payment certificate and invoices need to be sent to the Ministry of Finance, but the identification suffix in the relevant contract certificate and fie letter of Credit should be quoted

VII REPORTS ON THE UTILISATION OF THE IMPORT LICENCES

A monthly report, in the form attached as Annexure V shewing the utilisation status of the licence, should be furnished on or before the 7th of each month to (t) the Controller of Aid Accounts & Audit (Economic Aid Accounts Branch) Ministry of Finance, Department of Economic Affairs, UCO Bank Building, Parlia- ment Street, New Delhi, and (li) SO-WEII, Ministry of Finance, Department of Economic Affairs, North Block, Secretariat, New Delhi

Where the release of foreign exchange has been made by the IFCI and ICICI, the report should be furnished to the respective organisations concerned

VIII MISCELLANEOUS

1 Notifying Suppliers of Special Conditions—The licensee should apprise the supplier of any special provisions In the import licence which may affect the sup- plier's in carrying out the transaction

2 Refund from UK Suppliers*.—If any refunds are received by the licensee from the suppliers, the shipper or the insurer, a full report showing the amount received, together with other relevant particulars, should be sent to the Ministry of Finpjtice, at the address indicated in Section VI above, as and when such refunds are re- ceived The report regarding refunds should be as in the proforma in An- nexure VI

3 Disputes.—It should be understood that the Government of India will not undertake any responsibility for disputes, if any, that may arise between the licensee and the suppliers or any liabilities as such between the licensee and the suppliers -

4, Further Instructions.—The licensee should promptly comply with any direc- tions, instructions or orders Issued by the Government regarding any and all matters anting from or pertaining to the Import licence and for meeting all obligations under the credit agreement

5 Brench or Violation,—Any breach or violation of conditions set forth in the above clauses will result in appropriate action under the Import and Export (Con- trol) Act.

IX LIST OF ANNEXURE BY TITLE

Annexure I —Notification of Contract. Annexure II —Contract Certificate Annexure 1KB) —Contract Certificate (Chemicals). _ Annexure III •—Form of Application for Letter of Credit Authorisation. Annexure IV —Payment Certificate Annexure V —Monthly Report on ordering, and. Utilisation of Import

Licence Annexure VI —Report on refunds received.

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A N N E X T J RE I

IDENTIFICATION SUFFIX

UNITED KINGDOM/INDIA CAPITAL INVESTMENT GRANT, 1977 NOTIFICATION OF CONTRACT

To

The Crown Agents

Notification of Contract No

The following are details of a contract under which It is proposed that payments shall be made in accordance with the terms and conditions of the above Grant.

1 Name and address of United Kingdom contractor:

2 Date of Contract.

3 Name of Purchaser.

4 Short description of goods and/or works or services:

5 Value of Contract. £

0 Terms of payment¹

Signed on behalf of the Government of India

Date

ANNKXURE II

IDENTIFICATION SUFFIX

UNfTED KINGDOM/INDIA CAPITAL INVESTMENT QRANT, 1977 CONTRACT CERTIFICATE

Particular of Contract

1 Date of Contract

2 Contract No

3 Description of goods of services to b© supplied to the. purchaser

(If a number of items are to be supplied, a detailed list should be appended to this certificate).

4. TotJ! contract price payable by purchaser (state CIF, C&F or FOB £

If goods are to be supplied the following sections must be completed (If the contiact or is exporting agent only the information requested should be obtained from manufacturer)

5. Description of goods to be Price UK TARIFF/TRADE supplied to Purchaser £ CODE NO.

6. Estimated % of the FOB value of the goods not originating in the United Kingdom, but purchased by the Contractor directly from abroad i.e. % of Imported raw material or components used in manufacture:

(a) % FOB value

(b) Description of items and brief specifications

7. If any raw material or components used originated from abroad, e.g. copper, asbestos, cotton, wood pulp, etc., but have been purchased in the United Kingdom by the contractor for this contract, specify.-—

(a) % FOB value

"(b) Description of items and brief specifications

If services are to be supplied the following section should also be completed.

8. State the estimated value of any work to be done or services performed in the purchaser'n country by:

(a) Your firm (site engineers charges, etc.) (b)| Local contractor

9. Qualifying remarks as necessary in respect of paragraphs 6, 7 or 8 above

10 I hereby declare that I am employed in the United Kingdom by the Contractor named below and have the authority to sign this certificate. I hereby undertake that in performance of the contract no goods or services which are not of United Kingdom origin will be supplied by the Contractors other than those specified in paragraphs 6, 7, 8 and 9 above.

Signed

Position held

Name and Address of Contractor...

Date

NOTE.—For the purpose of this declaration the United Kingdom includes the Channel Islands and the Isle of Man.

ANNEXUHE II (B)

UNITED KINGDOM/INDIA CAPITAL INVESTMENT GjRANT, 1977 CONTRACT CERTIFICATE FOR CHEMICALS AND ALLIED PRODUCTS ONLY Date of Contract

Contract No

Import Licence No .

Date

Identification Suffix

2. Description nf Product (s) £ UK Tarn⁷ Is fre product r f UK to be supplied to P^cWer Price Classification orlogin ?

No (Str Note C)

(State 'Yes¹ or 'No') (Note A)

(Note B)

3. Total (Estimated) Contract Price payable by Purchaser in Sterling

2 8l

" 4. (Declaration) I hereby declare that I am employed in. the United Kingdom by the Contractor named below and have the authority to sign this certificate, and that the above information is correct.

Signed Position held. .

Name and address of Contractor

Date

NOTES

A. This form is only to be used for chemical and allied products, most of which are covered by the appropriate sub-headings of Chapter 15, 25, 28—35 and 37—40 of the UK llariff

(1) HM Customs and Excise Tariff HMSO (U) Classification of Chemicals In Brussels Nomenclature HMSO.

C (i) A product is regarded as of 'UK origin' if made either wholly from indigenous UK materials OR according to the appropriate 'DFTA' qualifying process using imported materials wholly or in part.

(n) The EFTA qualifying processes are set out in Schedule I of the 'EFTA Compendium for Use of Exporters', HMSO.

(Hi) For the purposes of this declaration It is to be emphasised that the "alter- native percentage criterion" DOES NOT APPLY.

(iv) The words "Area Origin" where they appear in the above Schedule must "be taken to mean "UK Origin" only.

(v) For the purposes of this declaration, the ""Basic Materials List" (Schedule III of the EFiTA Compendium) does not apply.

(vi) If a qualifying process is not listed for the material in question advic* •sliould be sought from the Crown Agents, N4 Department, 4 Millbank, London SWIP 3 JD.

D. For the purpose of this declaration the United Kinjrdom includes the Channel Islands and the Isle of Man

ANNEXURE III

FORM OF APPLICATION FOR LETTER OF CREDIT AUTHORISATION To

The Controller of Aid Accounts & Audit, (Economic Aid Accounts Branch) Ministry of Finance, Department of Economic Affairs, UCO Bank Building, Parliament Street, New Delhi.

S U B J E C T .— I m p o rt of •

f r om U . K. u n d er UK / I n d ia Capital Investment Grant, 1977.

Sir,

In connection with the import of • from U.K. against the above UK Grant, we furnish the following particulars to enable you to issue us authorisa- tion for opening a Letter of Credit through our bankers on the U.K. Bank designated by you:—

1. (a) Particulars of Import Licence:—

(i) Full No & Date (li) Value (Rs) (Hi) Exchange rate as quoted in the licence. (Iv) Date upto which valid,

(b) The Allocation No /Identification Suffix, as given in the Import licence.

(c) No, of contracts placed under the import licence so far. (d) The serial number of the contract to which this application relates.

2 Sterling value of licence

3 Sterling value of the order placed for which authorisation is required, speci- fying the name and address of the UK. Supplier/Suppliers and the amount(s) of authorisations required separately against each supplier (copy of orders placed and UK Suppliers acceptance thereof to be attached) Amount (in F.C.) of Indian. Agent's Commission if any should also be specifically indicated.

4. Name of the Indian Bank which will open Letter of Credit

5 Name of UK Correspondent Bank on whom the Letter of Credit is to be established

Yours faithfully,

Signature of the Licensee and full address.

ANNEXURE IV

IDENTIFICATION SUFFIX

UNITED KINGDOM/INDIA CAPITAL INVESTMENT GRANT, 1977 PAYMENT CERTIFICATE

I hereby certify that

(I) the payments referred to m the invoices listed below which or copies' of which accompany this payment certificate, fall due and are due to be made in respect of Contract No dated between the Contractor named below and (purchaser) . and are in accordance with the particulars of this contrcct notified in the contract certificate signed! on behalf of the said Contractor on

Go: tracts In\ oice No Date Amcui t Sh' rt description cf gr.cdi, wciks

£ ai d/or services.

(ll) The amounts specified In parngraph (i) do not include any additional foreign content to that declured m paragraphs 6, 7 or 8 of the contract certificate

(ill) I have the authority to sign this certificate on behalf of the Contractor named below-

Signed ..

Position held For and on behalf of Name and address of Contractor Date

NOTE.—For the purpose of this declaration the United Kingdom includes the Channel Islands and the Isle of Man

ANNEXURE V FO(RM OF UTILISATION REPORT IN RESPECT OF UNITED KINGDOM/INDIA CAPITAL INVESTMENT GRANT, 1977 (to be furnished separately In respect of each import licence) (where there are more than one contract against an import licence, the information would be given in respect of each contract, separately)

Identification suffix

(See Section I—Para 2)

1. Name and Address of the importer. 2. Import Licence No. and data and th* value thereof.

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3. Date and value of orders placed against the above import lacence

4. Where orders have been placed for the full value of the import licence indicate the phasing of balance ordering.

5. Confirmation whether the contract documents have been/are being sent to the Controller of Aid Accounts and Audit/Department of Economic AJIalrs, Ministry of Finance, New Delhi in accordance with the relevant stipulation In the licensing conditions INa and date of communication's) quoted],

8. Details with value of letter(s) of credit opened in favour of the UK Supplier(s).

7. phasing of payment (In £s and R".)

A, Actual payment made to UK suppliers

(1) April—September (ii) October—March, (in) (lv)

(and so on).

B Estimates of payments to be made to UK Suppliers,

(i) April to September (ii) October to March,

(ill)

(iv)

(and so on).

Signature

8. Indicate specifically the portion of the import licence not covered by the orders and thua surrendered.

Signature

ANNKXURE VI

REPORT SHOWING DETAILS OF REFUNDS RECEIVED FROM SUPPLIER/ INSURERS (TOWARDS SETTLEMENT OF CLAIMS FOR SHORT LANDING DAMAGES ETC) IN RESPECT OF IMPORTS FROM THE UK UNDER UK/ INDIA CAPITAL INVESTMENT GRANT, 1977

(Only for claims Settled In £ Sterling)

1 Name of importing Firm, 2 Particulars of UK Grant •i No and Date of Import Licence. 4 Value of Import Licence 5 Amount of refund received. fi. Nature of refund (give brief details).

7. Reference to the relative documents under which payment was made initially to the UK Suppliers (indicate name of Indian Bank and reference to their letter No. & Date, forwarding the documents to ihe Ministry of Finance.)

8 Whether or not refunds received are to be utilised for replacement of goods.

If not confirm that amount has been actually received and encashed into rupees.

9. Remarks.

Signature of the authorised

Officer of the importing firm.

A. S. GILL,

Chief Controller of Imports & Exports.

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287

289

S9*

m

295

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299

P H I ^ I E IJ HY 1H1- C,FNIR\L MANAGER, GOVERNMENT OF INDK PRESS, MINTO ROAD, NEW DELHI AND PUBLISHED HY THE CONTHOI-LEfl OF PUBLICATIONS, OT.LHI. 1U77