The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 499] NEW DELHI, TUESDAY. NOVEMBER 27, 1979/AGRAHAYANA 6, 1901
Separate paging is given to this Part in order that it may be filed as a separate compilation
1334 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3 (ii) ]form an essential input for manufacture of articles by any new undertaking shall not bo taken into account in computing the foreign exchange limits specified above;
(2) in respect of raw materials which are not on Open General Licence, but which are partly available within the country and partly to be Imported, the raw materials mentioned in Sche- dule VI may be treated as "wholly imported" for the purpose of computing the foreign ex- change admissible for a new undertaking"
MINISTRY OF INDUSTRY
(ii) After Schedule V, the following Schedule shall be added namely:—
(Department of Industrial Development)
NOTIFICATION
New Delhi, the 27th November. 1979
S.O. 761(E).—In exercise of the powers conferred by sub- •ection (1) of section 29B of the Industries (Development and Regulation) Act, 1951 (65 of 1951), the Central Government hereby makes the following further amendment in the noti- fication of the Government of India in the late Ministry of Industrial Development (Department of Industrial Develop- ment) No. S.O. 98(E)/IDRA/73/l dated the 16th February, 1973, amended uptodate, namely :—.
In the said notification,
(i) in item (3), to clause (c) relating to "Foreign Ex- change Limits", the following proviso shall be ndded namely:—
"Provided that—
(1) the value of the raw materials and components
SCHEDULE VI
(List of raw materials which must be treated as "wholly im- ported" for the purpose of foreign exchange)
1. Copper 2. Zinc 3. Lead 4. Nickel 5. Tin 6. Sulphur 7. D.M.T. R. Rock Phosphate 9. Asbestos Fibre
10. Methanol 11. 2-Ethyl Hcxanol (Octanol^
[F. No. 12/112/79-LP] BADAL ROY, Jt. Secy.
which are on Open Genera] Licence, and which