178

'LkiH GAZETTE OF INDIA : tiXTRAOROlNARY

[PART I—SEC.

MINISTRY OF COMMERCE

(Import Trade Control)

PUBLIC NOTICE NO. 20—1TC(PN) /78

New Delhi, the 22nd February, 1978

Subject :— Import of Palm oil (including palm kernel oil)

under the free licensing schemo : Import Policy

for April 1977—March 1978.

F. No. JPC/3/3/76.—Allention is invited to Ministry of

Commerce Public Notice No. 5-ITC(PN)./78, dated the 13th

January, 1978, in terms of which it has been provided that

no licence for import of palm oil (all types) shall be issued,

in future, except to tile extent mentioned in para 3 thereof.

2. The matter has been reconsidered by Government and

it has been decided to allow subject to the provisions

paras 3 & 4 hercunder the import of palm oil (oil types)

against the following cases of firm contracts as well ; ~

(i) Licences issued on or before the dale of issue of

orders banning the import of such oils but not

covered by an irrevocable letter of credit on the

said date ; and

(ii) Applications pending with the licensing authorities

on the date of banning, on the basis firm contracts

entered into by the applicants with the foreign suppli-

ers at least one week earlier, i.e. on or before tht

6th January, 1978.

3. Every import licence issued in terms of

this

Public

Notice and also those coveted by para 2(i) above, shall bo

(deemed to have been) issued, subject to the condition that

the goods covered by such licences shall, on importation, be

sold to the Central Government or to agencies designated or

appointed by the Central Government, if so directed by it

and at such pricc(s) as may be fixed by it. Consequently,

such of the licence holders/applicants as are not prepared to

abide by these conditions should forthwith intimate to the

concerned licensing authority their inability to do so and

have their licences cancelled or applications withdrawn, aa

the case may be.

4. It will be incumbent upon the licence holder of every

consignment to which this Public Notice relates to intimate

its detailed particulars forthwith to the Ministry of Civil

Supplies and Co-operation, New Delhi, about the expected/

actual arrival of the goods concerned and take their prior

written permission before the imported oil is sold, directly,

to any other person.

K.V, SESHADRI,

Chief Controller of Imports & lixports

PRINTED BY THE MANAGER, GOVT. QV INDIA PRESS, JUNG ROAD, NEW DELHI-110064

AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI-110054, 1978