172

TIE

GAZETTE OF INDIA : EXTRAORDINARY

[PART I — S E C . 1 ]

MINISTRY OF COMMERCE

Export Trade Control

PUBLIC NOTICE No. 19-ETC(PN)/81

New Delhi, the 3rd March, 1981

£.'L:icc

:—Export Policy of Onions during

1980-81—

Procedure regarding.

File No. 7(2)/81-E. II—Attention is Invited to S. No 16(i)

at Page 11 of Policy Statement of Export Policy for 1980-81,

according to which export of Onions is canalised through ihc

National Agricultural Co-operative Marketing Federation of

India Ltd. (NAFED).

2. On a review of the situation, it has been decided that

NAFED shall be the agency for registering and monitcring

the exports of Onions as well as for fixation of minimum

export price. The following procedure shall be adopted for

export of Onions :—

(a) Export of Onions will be allowed upto 31st March,

1981, on first-come, first-served basis within a

limitod ceiling through exporters who have booked

orders for export at rates

not

lower than

the

minimum export price fixed by NAFED and who

have registered their contracts with NAFED.

(b) The export contracts should be supported by irrevo-

cable Letters of Credit within a period of 14 days

from the date of registration

of contracts with

NAE'ED. Jn case a valid irrevocable Letter of

Credit is not submitted to the NAFED within the

specified period, the registration will be cancelled.

till Ihc ceiling is reached,

(d) NAFED may ako continue to undertake cxpurts

itself.

(e) A price Advisory Committee

will be set up by

NAFED to determine tho MEP. The Chairman

of the Committee will be the Manning Director.

NAFPD with a representative of the Ministry of

Commerce and representatives from trade as mem-

bers.

ff) MEP fixed by the Price Advisory Committee will be

intimated by NAFED immediately to Customs and

to exporters by Trade Notice.

3. On the basis of the registration certificate issued

NAFED nnd the Letters of Credit, the Customs will allow

expor's provided the f.o.b. value is not less tb.

on the date of the shipment.

4. The above procedure shrill bc in force only upto 31st

March, 1981.

MRS. USHA VOHRA, Jt. Secy.

PRINTED BY THE MANAGE*. aOVT. OF JNDIA PRESS, JUNO ROAD, NEW DELHI-110064

AND PUBLISHED DV THE CONTKOIiW OF PUBLICATIONS, DELHI-110054, 1981