The Gazette of India
EXTRAORDINARY
PART I-Section 1
PUBLISHED BY AUTHORITY
No. 140] NEW DELHI, MONDAY, AUGUST 8, 1977/SRAVANA 17, 1899
Separate paging is given to this Part in order that it may be filed as a separate compilation
MINISTRY OF COMMERCE
PUBLIC NOTICE
EXPORT TRADE CONTROL
New Delhi, the 8th August 1977
SUBJECT -.—Export of Cotton Yarn from India under OLG-3 during 1977.
No, 16-ETC (PN)/77—In partral modification of the Public Notice No 7-ETC (TNI/77 dated 15-2-1977 relating to the export policy of cotton yarn for 1977, it has been decided that export of cotton yarn of all types and counts, except folded cotton yarn of three-ply and higher ply in all types and counts and tyre-cord yarn is banned
2. Export of cotton yarn lor which contracts have already been registered with the Cotton Textile Export Promotion Council is also banned except in cases where irrevocable commitments have been made by establishing Letters of Credits which should have been accepted by the Indian banks upto 28th July, 1977 (i e prior to 29th July, 1977) The pre-ban commitment will be allowed by the licensing authority by endorsement on the shipping bills after the necessary authorisation has been issued by the Cotton Textile Export Promotion Council.
3. In respect of the varieties of cotton yarn, the export of which is permissible, vide the amended OGL-3, the conditions and the procedures of exports as enumerated in the Public Notice No. 7-ETC (TNI/77 dated 15-2-1977 will remain unchanged
y jg THE GAZETTE OF INDIA EXTRAORDINARY PAST I—SIC 1