The Gazette of India
EXTRAORDINARY
PART I—Section I
PUBLISHED BY AUTHORITY
No. 216] NEW DELHI, MONDAY, NOVEMBER 5, 1979/KARTIKA 14, 1901
Separate paging is given to this Part in order that it may be filed as a separate compilation
1064 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 11 4. Accordingly, the existing sub-entries against S. No. 77(in) and 77(ivJ on page 22 of Policy Statement of Export Policy Book 1979-80 shall be substituted by the following ;-Licensing Policy
S. No. as Description of the item in Part •B'of Schedule I
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Export will be allowed on meiits, subject to the conditions that •
77(iii) Manufactures and pro- ducts of silver with more than 10 per cent silvor content.
(a) the quantum of sil- ver used in the arti- cles exported is in international value terms, not more than 2/3rds of the f.o.b. value of the export order;
(b) the exporter under- takes to import, with- in one month of Ex- port, silver in weight equal to 105% of the silver content of the article exported; and
MINISTRY OH COMMERCE & CIVIL SUPPLIFS
(c) the exporter furni- shes a bank guarantee equal to 73% of f.o.b. value of the article exported. The said bank guarantee will be cancelled on production of satis- factory evidence of his fulfilment of con- dition at (b) above.
(Department of Commerce)
New Delhi, the JchNovember,1979
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EXPORT TRADE CONTROL
PUBLIC NOTICE No. 74-ETC(PN)/79 Subject:—Export Policy of Silver manufacture"! and products
77(iv) Silver manufactures having silver content not exceeding 10 per cent of the f.o.b. value of the manufactured products the follo- wing:—
for the year 1979-80.
(i) Jewellery,
> Export will be allowftl ] as provided under
OGL-3.
Attention is invited to the Exports (Control) Amendment Order No. £
(ii) Fabrics in the making or embroidery of which silver or •liver zuri has been used.
(lii) Electrical and elcct- tronic goods.
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2. It has been decided to allow expoit of manufacture!! rnd products of silver with more than 10 per cent Silver content subject to the conditions given in paragraph 4 of this Public Nn"M.
C. VENKATARAMAN. Chief Controller of Import? & Exports
[Issued from file No. 21/1/79-EI