The Gazette of India
EXTRAORDINARY
PART I—Section I
PUBLISHED BY AUTHORITY
No. 10] NEW DELHI, THURSDAY, JANUARY 12, 1978/PAUSA 22, 1899
Separate paging is given to this Part in order that it may be filed as a separate compilation
24 THE GAZETTE OF INDIA : EXTRAORDINARY [PAKT I—SEC. 1]MINISTRY OF COMMERCE
(Import Trade Control)
New Delhi, the 12th January, 1978
Public Notice No, 4-lTC(PN)/78-Flk No. IPC/63/33/78—Attention is invited to the provision contained in para 3(l)(ii) in Appendix 27 of Ihe ITC Hand Book of Rules and procedure, 1977-78, according lo which cars imported by Ihe Indian Nationals returning to India for permanent settlement arc governed by 'no sale' period—5 years from the date of purchase of car abroad by the importer or two years from the date of its importation, whichever is later,
2. On a review of the position, it has been decided that the same "no sale' period as above shall also be applicable to cars imported into India by foreign ladies married to lndmn nationals who come to India for permanent settlement.
3. All the regional licensing offices are, therefore, advised to undertake a review of all past cases and allow redemption of bonds by applying the revised 'no sale' period of 5/2 years, i.e. give retrospective effect to these orders.
K. V. SESHADRI, Chief Controller of Imports and Exports.