The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 4] NEW DELHI, THURSDAY, JANUARY 5, 1978/PAUSA 15, 1899 Separate paging is given to this Part in order that it may be filed as a separate compilation
MINISTRY OF COMMERCE
Import Trade Control
New Delhi, the 5th January, 1978
8 THE GAZETTE OF INDTA : EXTRAORDINARY [PART I—SEC.for import of these items in favour of Established Impoi- ters, on the following basis :—
(i) Licences will be granted on a quta of 50 per cent.
fii) Liceiicci will be granted on the combined value of the quotu certificates held by the concerned Established Importers for different sub-serial num- bers of the old TTC S. No. 19/11, even if such quota certificates may or may not be of tho same basic year ;
(iii) The same combined value us worked out in (ii) above will also count for the purpose of the iy*oi of minimum value licences ;
(iv) Quota licences will be valid for import of ball, roller and needle roller bearings, excluding ihose banned in Appendix 14 of the 1TC Policy (Vol- ume I) for 1977-78, However, the import of the restricted types mentioned in the said Appendix 14, will be allowed only upto 20 per cent of the value of quota licence*
(v) No requests for fixation/re-flxation of the quota
for these items will be entertained.
3. Established Importers of ball, roller and needle roller bearings detrirous of obtaining quota licences, in terms of (his public notice, should apply to the regional licensing authorities concerned, in the prescribed form and manner on or before the 31st January, 1978.
[V No. IPC/53/IMGP/4th Meeting/77-78]
K. V. SESHADRI, Chief Controller of Imports & Exports.