The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 35] NEW DELHI, THURSDAY, FEBRUARY 9, 1978/MAGHA 20, 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
PUBLIC NOTICE No. 14 ITC(PN)/78
New Delhi, the 9th February, 1978
SUBJECT :—Import of non-permissible spare parts in respect of indigenous machinery having imported compo- ments: Import Policy for April, 1977—March 1978.
146 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] installed or used in (he licence factory, will be granted on the basis of one per cent of the c.i.f. value of such machinery. Subject to the conditions mentioned in para 55(i)-(iii) of Section T of the Policy Book (Volume 1) for the period April, 1977—March, 1978.2. On a review of the position, it has now been decided to grant licences in respect of non-pcrmiusible spare parts on the basis of 1/2 per cent of the purchase price of indigenous machinery having imported components. Imoprt licences will be issued with general description of goods, viz :
3. Actual Users (Industrial) eligible to and desirous of availing themselves of the above facility may submit applica- tions in the prescribed form and manner, giving details of indigenous machinery having imported components, duly cer- tified by chartered accountant/cost accountant, in practice, to the licensing authorities concerned. The last date for receipt of applications in terms of this public notice will be the 12th March, 1978.
K. V. SESHADRI, Chief Controller of Imports & Exports.
"Non-permissible spare parts required for maintenance of machines installed or used in the licence holder's factory, including spare parts of ancillary equipment, control and laboratory equipment and safety appli- ances."