The Gazette of India
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
No. 1501 NEW DELHI, SATURDAY, 26 JULY, 1980/SRAVAN4 4, 1902 Separate paging is given to this Part in order that it may be filed as a separate compilation
596 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] MINISTRY OF COMMERCE Public Notice No. 45-Etc.(PN)/80 (b; The exporter undertakes to import witnin one month of export, silver in weight equal to 103 per cent of the silver content of tho articlo exported;New Delhi, the 26th July, 1980
EXPORT TRADE CONTROL
Subject: Export of manufactures and products of silver with more than 10 per cent silver content—procedure regarding export of electrical and electronic coods and other manufactured items,
F. No. 21/1/79-EI.—Attention is invited to Export Policy of the manufactures and products of silver with more than 10 per cent Silver Content, appearing in col. 3 •gainst S. No. 77(iii) of Policy Statement, page 22 of Export Policy, 1980-81.
2. On a review of the situation and in order to facilitate export of electrical and electronic goods and other manu- factured items, it has been decided that the existing condi- tions appearing in Col. 3 against S. No. 77(ill), shall IK substituted by the following :—
"Export will be allowed by the regional licensing authorities, subject to the following conditions;
(a) The quantum of silver used in the. articles exported, is in international value terms, oat more than 2/3rd of the f.o.b. value of the export order;
OR
Where silver chemicals /silver components have been used in the export product, the exporters will have to import silver chemicals/silver com- ponents which had actually gone into the manu- facture of the export product of a value equivalent to 105 per cent of the international value of such items used in, the export product within one month of the export,
MANI NARAYANSWAMI, Chief Controller of Imports & Exports,