THE GAZETTE OF INDIA : t \ 1RAORDINARY

[PART I—SEC. 1J

MINISTRY OF COMMERCE

New Delhi, the 13th January, 1978

IMPORT TRADE CONTROL

Public Notice No. 5-ITC(PN)/78—F. No. IPC/3/3/76 :—

Attention is invited to the policy laid down in Remarks (i) &

(ii) in column 3 against S. No. 15,07 in Section II, read with

column 3 against S. No. 19 of Appendix 2 to the Import Trade

Control Policy Book (Volume 1) for the period 1977-78, as

amended vide Public Notice No. 39-ITC(PN)/77 dated the 23rd

June, 1977, No. 73-ITC(PN)/77, dated the 20th September,

1977, No. 88JTC(PN)/77, dated the 11th October, 1977 and

No. 122-lTC(PN)/77, dated the 27th Decanter, 1977, on the

above subject.

2. On further consideration it has been decided that no

licences for th? import of palm oil (of all types excluding, how-

ever,, palm olcine) shall be issued under the above said provisions

. in future except to the extent mentioned in para 3 hereundci.

• 3...-Ttfi cases where, on or before the date of this notice,

(aX.licenccs have been issued and irrevocable letters cf

credit have been opened against them already, or

(b) licences have been issued or applied for covering

"Afloat parcels" against firm contracts,

impart will be allowed within the validity period set down in

the connected contract and to the extent of quantity/value

respectively so covered.

4. It has also been decided that in future import of palm

oil (of all types, excluding, however, palm oleinc) will be allowed

only through the STC. The following

amendments shall

accordingly be made in the Import Trade Control Policy Book

(Volume I) for the period 1977-78 :—

Page

No.

117

Reference

S.No. 15.07

Remark, (iii)

inserted vide

Public Notice

No. 35-lTC(PN)/77

dated 8-6-1977.

Section III,

Group *C,

S. Nos. 55-57,

inserted vide

Public Notice

No. 35-lTC(PN)/77

dated 8-6-1977—

Column 3.

Section V,

Appendix 2,

S. No. 19.

Details of amendments

The existing remarks "(iii)" shall

b: substituted by the follow-

ing :—

"(iii) Requirements of (a) palm

oil (of all types excluding,

however, palm oleinc) for

all purposes, and

(b) Soyabean oil for in-

dustrial purposes shall be

met by imports through

Public sector

agency.

Please see Section III of

this book."

The existing remark in column 3

shall bs substituted by the

following :—

"For meeting all requirements of

palm oil (of all types, exclud-

ing, however, palm oleinc)

and only those of industrial

users in the case of copra

and soyabean oil."

The words "palm oil" appearing

in column 2 shall be deleted.

5. It may be noted that in terms of Ministry of Commerce

public notice No. 39—ITC (PN)/77, dated the 23rd June, 1977

palm oil includes palm Kernel oil also. Hence, the above

orders cover palm kernel oil also.

K.V. SESIIADRI, Chief Controller of Imports & Exports

PRINTED BY THE MANAGER, GOVT. OF INDIA PRESS, RING ROAD, NEW DELHI-110064

AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI-110054,

1978