The Gazette of India
EXTRAORDINARY
PART I—Section I
PUBLISHED BY AUTHORITY
No. 209] NEW DELHI, TUESDAY, OCTOBER 25, 1977/KARTIKA 3, 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 25th October 1977
SUBJECT.—Placement of orders against import licences issued under UK/India
Maintenance Grant, 1977.
No. 94-TTCCPN)/77—It has been provided in the conditions covered by para 7 of Appendix to the Ministry of Commerce, Public Notice No 44-ITC(PN)/77. dated the 7th July, 1977, that in the case of licences for imports issued under the UK/India Maintenance Grant, 1977, firm orders must be placed on the UK Sup- pliers within four months from the date of issue of the relevant import licence.
2. It has been represented by the Importers that in practice it has been diffi- cult to complete the connected formalities within the prescribed period of four months Hence, it has been decided to extend the initial ordering period All importers holding import licences issued under UK/India Maintenance Grant. 1977, are allowed to place firm orders on the suppliers in the U.K., within a period of eight months from the date of issue of import licence Para 7 (a) of Appendix to Ministry of Commerce, Public Notice No. 44-ITC(PN)/77, dated the 7th July. 1977 may be deemed to have been amended accordingly As a corollary, requests for extension of time upto four months (additionally) will hereafter be admitted only once, so that the total period of validity of twelve months is not thereby exceeded.
I2 t ii tHE GAZETTE* OF INDIA EXTRAORDINARY !PABT I—HEC 14. The I aforesaid -orders will not however, apply to import of capital goods under the UiC Credit. The existing provisions regarding placement oj: orders against licences issued under UK Credit will continue to be in force in all such cases.
K. V. SESHADRI,
Chief Controller of Imports and Exports.