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REGISTERED No. D. (D.N.)-72

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 76] NEW DELHI, WEDNESDAY, JUNE 6, 1984/JYAISTHA 16, 1906

Separate paging is given to this Part in order that it may be filed as a separate

compilation

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MINISTRY OF COMMERCE

(Import Trade Control)

Public Notice No.' 31— ITC(PN) |S4

New Delhi, the 6th June, 1984

Subject :—Licensing Conditions in respect of Public Sector Imports under the Japanese Grant Aid c;f Yen 1,948 Bllion (Yen 1,948, 670,000) (Debt Relief) for 1982-83 extended by the Government of Japan

- F. No. IPC|'23(2)l34.--Tlic terras and conditions governing Public Sector Import^ under the Japanese Grant Aid o{ Yen 1.948 Billion (Debt Relief) for 1982-83 extended by the Government of Japan as given in the Appendix to this Public Notice, are noti- fied fcr information.

P. C. JAIN, Chief Controller of Imports & Exports

APPENDIX TO MINISTRY OF COMMERCE. PUBLIC NOTICE NO. 3MTC(PN)|84 DATED THE 6th JUNE, 1984

Licensing Conditions in respect of Public Sector Imports under the Japanese Grant Aid of Yen 1.984 Billion {Yen 1,948,670,000) (Debt Relief) for 1982-83 extended by the Govern- ment of Japan.

Section I—General Conditions

I (i) The Japanese Grant Aid of Yen 1.941? bil- lion extended by the Government of Japan is untied in favour of OECD and developing countries except India. Accordingly the commodities! and services in- cidental thereto to be procured under this Grant Aid can be imported from Japan and all countries enume- rated in the list at Anncxure-I which will be the eligible source countries under this Grant. The list of eligible commodities that can be imported under this Grant Aid is at • Annexure-TI.

T (ii) The licence will bear the superscription "Yen 1.94S billion Japanese Grant Aid for 1982-83". The licence code for the first and second sulfix will be "S'JN". Tlv sc will also be repeated in the letter from ttu CCT&F forwarding the import licence.

I (iii) No remittance of foreign exchange vi[] be permitted pgainst the import licence, except bank

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charges which may be remitted through normal bank- ing channels. Any payment towards Indian Agent's commission should be made in Indian rupees to the agents in India, Such payments, however, will form part of the licence value and will, therefore, be charged to the licence.

1 (iv) The import licence will be issued on C1F basis with an initial validity of 12 months. For ex- tension of the validity of the licence., the liccncec should approach the licencing authority concerned who shall consult the Department of Economic Affairs (Japan Section") in the matter.

I (v) Firm order must be placed on C&F basis on the overseas suppliers located in Japan ^and in other eligible countries mentioned in Annexure-T and sent to (he Under Secretary (TA), Department of Economic Aifairs (Japan Section), Ministry of Finance, North Block:, New Delhi (within 4 months from the date of issue of the import licence), "Firm Orders" means purchase orders placed by the Indian licenceo on the Overseas supplier duly supported by order confirmation by th; latter nr purchase con- tract only signed by both the Indian importer and the Overseas supplier. Orders on Indian Agents of Overseas suppliers andjor order confirmation of such Indian Agents are not acceptable.

I (vi) This condition of 'he piacem* nt of contracts within 4 months period will be treated as not having been complied with unless complete contract docu- ments reach the Ministry of Finance, Department of Economic Affairs, Japan Section, within four months from the date of issue of the import licence. If firm orders as explained in para I(v) above cannot be placed within 4 months for valid reasons the licencee should submit the import licence to the concerned licensing authorities giving reasons why ordering could not be completed within 4 months. Such tc- quests for extension in the ordering period will be considered etc, on the merit by the licencing authori- ties who may grant extension upt0 maximum pcriof of 4 months. I fhowever, will be payable on actual basis or whether the freight charges—-further extension is sought beyond 4 months from the date of issue of this import licence, such croposa's will*invariably be refer- red by the licencing authorities to the Department of Economic Affairs (Japan Section) Ministry of Finance North Block, New Delhi who will consider such ex- tension on the merits of each case and communicate their decision to the licencing authorities for com- munication to the licence.

In filing the terminal date for shipment, it should be noted that this date should not be beyond 31-3-1985.

Section IT—Special points to be kept in view while Negotiating a supply contract

TI (i) (a) The C&F value of the contract should be expressed in Yen or US Dollar or Pound Sterling without fraction less than one Yen, one cent or one penny and should exclude Indian Agents commission, if any, which should be paid in Indian rupees. In no circumstances the contract value should be express- ed in Tndian rupee or in any other currency. The FOB cost and freight amount may be shown separa- tely but it should be clarified in the contract whether the freight charges indicated in the contract would be the amount payable irrespective of the actual charges.

(b) The contract should provide for payment on cash basis i.e. on presentation of shipping documents by the Japanese suppliers to the Bank of India, Tokyo.

(c) The purchase order and the supplier's order

confirmation should be in English only.

II (iij Only one contract should be entered into against the import licence. In exceptional cases, more than one contract may be permitted to be entered into, lor which prior approval of the Department of Fcouomic Affairs, Ministry of Finance, should be obtained soon after the dale of issue of the import licence.

TT (iii) Eligibility of Supplier.—The supplier shall be a national of the eligible source countries, or a juri- dical person registered and incorporated in the eligible source countries.

S-ction Dl

The following provision should be specifically in-

corporated in the supply contract : —

ITI (i) Tlie contract is arranged in accordance with the agreement dated the 23-2-84 between the Governments of India and Japan concern- ing the Grant "Aid—of Yen 1.948 billion for 1982-83 "and will be subject to the approval of Government of India".

III (ii) Payments to the overseas suppliers shall be made through an. 'Authorisation to pay (A[P) which will be issued by the Controller of Aid Accounts and Audit, Ministry of Finance, Depart- ment of Economic Affairs, UCO Bank Building, Parliament Street, New Delhi-llOOOt. in favour of the Bank of India, Tokyo under the Japanese Grant Aid for 1982-83.

Ill (iii) The overseas suppliers agree to furnish such information and documents as may be required by the Government of India on the one hand and the Government of Japan on the other.

Ill (iv) Where suppliers arc located in Japan, Ihey agree to make shipping arrangements in consultation with the Embassy of India, Tokyo and that for this purpose they would keep the Embassy of India, Tokyo informed of the delivery schedule of the goods involv.-d and notify the Embassy of India, atleast six weeks in advance of the shipping required so that suitable arrangements should be mads. In exceptional cases, where the importer require this period of nofics may be reduced. The Japanese supplier should also agree to send a cable advice to the importer after each shipment giving the necessary details and a copy thereof should be sent to the Embassy of India, Tokyo¹,

Section IV Contract Approval by Govt, of Indiu

IV (.1) As soon as the orders are finalised, the licence should forward to ihe under Secretary (TA), Department of Economic Affairs, Ministry of Finance, North Block, New Delhi, 4 copies of the contract duly signed by both parties or purchase order by the Indian Importer placed on the Overseas supplier supported by order confirmation in writing by the overseas supplier or their photo copies complete in all respects with two photo copies of the relevant valid import licence and also two copies of the "Request for issue of A|P" in the form at Annex 1IT. The above procedure will also apply to all contract amendments causing essential modifications to the contents of contracts, or in its price.

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IV (ii) 11' the contract documents "Request for issue of: A]P" and other connected document!? are found to be in order the Ministry of Finance (Depart- ment of Economic Affairs) will approve the contract and will arrange to send one set of tho documents mentioned in (i) above each to the CAA&A, the Embassy of Tndia, Tokyo and the Embassy of Japan, in India.

IV {iii) On receipt of the documents mentioned at (ii) above the Controller of Aid. Accounts & Audit, Department oil Economic Affairs, Ministry of Finance, UCO Bank Building, Parliament Street, New Delhi-110001 will issue an 'Authorisation to pay (A|P) to the Bank of India, Tokyo in the form at Annexure IV for making payment to the overseas supplier. Copies of the A|P will be endorsed to the Embassy of India, Tokyo the importer the importer's Bank in India and Japan Section, Department of Eco- nomic Affairs, Ministry of Finance.

IV (iv) On receipt of the Authorisation to pay (A|PJ the Bank of India, Tokyo will intimate the fact of this receipt to the supplier under intimation to the Government of Japan, Embassy of India, Tokyo, the Importer's Bank in India and the CAA&A.

IV (v) The foreign supplier shall, after effecting shipment, present through his banker the documents specified in the A|P to the Bank of India, Tokyo. If the documents are found to be in order, the Bank of India, Tokyo will rcleaso the amount specified In the documents to the Supplier through his bankers.

IV (vi) Banking charges payable to the Bank of India, Tokyo for advising the A|P and for arranging payment to the overseas supplier shall be settled by the concerned importer's Bank in India by remit- tances to the Bank of India, Tokyo through normal banking channel without affecting the Government of ! India's account.

Section V Responsibility for rupee deposit. '

V (i) The original negotiable shipping documents will be invariably forwarded by the Bank of India Tokyo, to the concerned importer's bank in India which would be a branch of the State Bank of India or any of the nationalised Banks as mentioned in (O) in* Annexure-TII who should release these negoti-

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able set of documents to the importer concerned only after ensuring that the rupee equivalent of Ihe Yen{ TJSSjPound sterling payments made to the supplier alongwith interest charges thereon in cases where payable calculated at the rate of 12 per cent per annum for the first thirty days and at 18 per cent for the period in excess thereof reckoned from the date of payment by the Bank of India, ToJ^fc to the foreign supplier to the date of actual rupeodeposit, is deposited into Government o£ India account in terms of the Public Notice No. 31— ITC(PN)|83 dated 10-S-83. The interest is payable for both the days i.e. the duy on which. pa\ inapt is rmidc to the supplier and also the day on which, rupee deposits is made into Government account vide Puolic Notice No. 74—1TC(PN)|74 dated 31-5-1974 as modified under Public Notice No. 103—1TC(PN)|76 • dated 12-10-1976. The exchange rate to be adopted for computing the rupee equivalent of Ihe \cn|US|$ Pound payment will be prevailing composite rate of exchange as laid down in CCI&E Public Notice No. 8—ITC(PN)|76 dated 17-1-1976 or as may be notified by Government from time to time through Public Notices of the CCI&E or through Exchangu Control Circulars of the Reserve Bank of India. Any changes in this regard as also in regard to the rate of interest will be notified as and when necessary. It will be the responsibility of the Indian Bank concerned to ensure that the amounts due are correctly depo-¹ sited into Government Account before the import 'documents are handed over to the importers, fhe liccncec should also ensure that tfte amounts due are correctly deposited into Government Account before taking delivery of the documents from their bankers. It is the responsibility of the importer to "ensure that the amounts due are correctly deposited in to the Government account promptly even when they obtain delivery of the goods from the customs' authorities under exceptional circumstances. The Head of Account to which the above rupee deposits should bo credited is "K—Deposits and Advances 843-Civil. Deposits-Deposits for purchases etc. abroad-pur- chase Grant Aid from the Government of Japan" for 1982-83 (Yen 1.948 billion Grant Aid— Debt—• 1 Relief J.

V (ii) The amount referred to above should bo deposited in cash to the credit of the Government either in the Reserve Bank of India, New Delhi indi- cating Code No. 5130000009 on the right hand con- ner of the challan or in the State Bank of India. Tis Hazari, Delhi, or if this is not possible it should be remitted by means of a demand draft obtained from any branch of the State Bank of India or its subsi- diaries or any one of the Nationalised Banks (drawer) drawn ou and made payable to the State Bank of Tndia, Tis Hajari Branch. Delhi-6 (drawee and payee) for credit to Government account as contem- plated in Public Notices No. 184—ITC(PN);6S Dated 30-8-1968, No. 233—ITC(PN)|68 dated 24-10-68 and No. 132—ITC (PN)|71 dated 5-10-1971, No. 74—ITC(PN) |74 dated 31-54974 and No. 103—ITC(PN)|76 dated 12-10-1976.

V (hi) The concerned bank in India shall also furnish such additional deposit in the same manner stipulated aboye as may be requested by the Govern- ment of India on account of Service charges within

seven days after such a demand is made by the Government. While filling in the various columns in the cliallan it should be ensured by the importers, their bankers that the information prescribed in para 2 ui Public Notice No. 132—ITC(PN) |71 dated 5-10-1971 and also in Public Notice No. 74—JTC (PN)|74 dated 31-5-1974 read with Public Notice No. 103—[TC(PN)|76 dated 12-10-1976 is invari- ably inJBteted in the column "full particulars of re- mitlanceSrand authority (if any)" of the chaUan. The following particulars should invariably be furnished ! in the Treasury Challans :

(a) Ministry of Finance 'A|P' (Authorisation

IO Pay) No; and date.

(b) Amount of Yen Currency in respect of wliich deposits are to be made together with rate of conversation adopted.

(c) Date of payment to flic foreign supplier.

(d) The amount or interest pay ;>nd the

period for which it has been calculated.

(ej Total amount deposited.

(Interest is to be calculated for the. period from the date i>f payment to the supplier upto and inclusive of the date of deposit of rupee equiva- lents into Government Account).

Thereafter the Treasury Challans evidencing the rupee deposit should be sent by registered post to the CAA&A indicating reference to the A]P issued by him and also enclosing copies of invoice and ship- ping documents.

Note : Importer's Banks in India should ensure that the rupee deposits are invariably made within 10 days of the receipt of the advice of payments and negotiable shipping documents from the Bank of India, Tokyo and that the CAA&A, Ministry of Finance (DBA), New Delhi is kept informed of the fact immediately thereafter.

V (iv) The concerned bank in India should also endorse the amount of rupee deposits on the ex- change control copy of the licence and send the re- quisite "S" Form to the Reserve Bank of India, Bombay.

SECTION VI—Miscellaneous provisions

VI (i) Reports on the utilisation of the import

licence '

The importer should send a monthly report, after the A|P ha< been issued regarding shipments and payments made thcreagainst and about the balance 'left, to the Controller of Aid Accounts and Audit, Department of Economic Affairs, Ministry of Finance, UCO Bank Building, Parliament Street, New Delhi.

VI (ii) Notifying Suppliers of Special Conditions

The licencee should apprise the supplier of any special provisions in the import licence which may affect the suppliers in carrying out the transaction.

VI (iii) Disputes

It should be understood that the Government of India will not undertake any responsibility for dis- pute, if any, that may arise between the licencee and the suppliers. The conditions to be fulfilled by the supplier before payment by the Bank of India, Tokyo must b^ clearly spelt out by the importer in An- nexui'e~I under "Terms of payment". Provision deal- ing with a settlement of disputes be included in the condition of contract.

VI (iv) Future Instructions

The Licencee shall promptly comply with direc- tions, instructions or orders issued by the Govt. of India trom time tc time regarding any and all matters arising from or pertaining tc the import licence and for meeting all obligations under the Grant Aid for 1982-83 from Japan.

VI (v) Breach or violation

Any breach or violation of the conditions set forth in the above clauses will result in appropriate action under the Imports and Exports (Control Act).

VI (vi) List of Annexurcs

Annexure—J Ust of eligibJe source countries AnncXure —TI List of eligible commodities

Annexure—III Form of Request for issue o[

Authorisation to Pay (A|P).

Annexure—IV Form of letter of Authorisation to

Pay (A|P).

ANNEXURE-I

LIST OF ELIGIBLE SOURCE COUNTRIES

A. OECD Countries

Australia Belgium Canada Denmark Finland • France The Federal Republic of Germany Greece Iceland Ireland Italy Japan Luxembourg the Netherlands New Zealand Norway Portugal Spain Sweden Switzerland Turkey the United Kingdom, and Hie United States Cameroon Cape Verde Islands

Central African.Rep. Chad Comoro Islands Congo, People's Republic of Dahomay (I) Equatorial Guinea Ethbpia Gambia Ghana Guinea Ivory Coast Kenya I.csnlhe Liberia Malagasy Republic Malawi Mali Maurilan-ia Mauritius Moozambique Niger Portuguese Guinea Reunion Rhodesia Rwanda bt. Helena and dep (2) Sao Tome and Principee Senegal Seychelles Sierra Leone Somalia Sudan Swaziland Terro, Afars and (3) Issas Tago Uganda Un. Rep. of Tanazania Upper Volta Zaire Republic Zambia

B. Developing Countries &

Territories

(bl) Non-O.P.E.C. Developing

Countries,

I. Africa, North of Sahara

Egypt Morocco Tunisia

II AFRICA, South of Sahara

Angola Botswana Burundi

fl) Formerly the territory of Spanish Guinea,

including the island of Fernando Po.

(2) Including the following islands : Ascension,

Tristan da. Inaccessibles, Nightingale, Gough.

(3) Main islands. Aruba, Bonaire, Curacao.

Saka, St Eustacit, St. Martin (Southern Part).

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III. AMERICA, North and Cent.

Bahamas Barbidoses Belize Lcrmuda Costa Rica Cuba Dominican Republic El Salvador Guadeloupe Guatemala Haiti Honduras Jamaica Martinique Mexico Netherlands Atilles Nicaragua Panama St. Pierre & Micjuelon Trinidad and Tabago West Indies (Br.) n.i.c.

{a) Associated States (4) (b) Dependencies (5)

IV. AMERICA, South

Argentina Bolivia Brazil Chile * , Colombia Falkland Islands French Guiana Guyana Paraguay Peru Surinam Uruguay

V. ASIA, Middle East

Bahrain

. Israel

Jordan Lebanon Oman Syrian Arab Republic United Arab Ami rates (6) Yemen Arab Republic Yemen, People's D. R. (7).

VI. ASIA, South

Afghanistan Bangladesh Bhutan Burma

(4) Main islands :

St. Kitts (St. Caristephe), Nevis-Anguilla, St. LucI* and Vinceilt.

(5) Main islands : Montserrant, Gayman, Turks

and Caicos, and British Virgin Islands.

(6) Aiman, Dubai. Fajairah, Ras at Khainian.

Sharjah and Uram al Quaiwain.

(7) Including Ade>i antf \*arious sultanates and

emirates.

Maldivis Nepal Pakistan Sri Lanka

VII. ASIA, Far East

Burnei Hong Kong Khmer Republic Korea, Republic of Laos Macao Malaysia Philippines Singapore Taiwan Thailand Timer Vietnam, Rep. of Viel-Nam Dem. Rep.

VIII OCEANIA

Fijji Gilbert & Ellice Is. French Peiynesia (1) Nauru New Caledonia New Hcbrices (Br. and Fr.) Rieu Pacific islands (US) (2) Papua New Guinea Solomon Islands (Br.) Tongo Wallis and Futuna Western Samoa Cock Islands

IX. EUROPE Cyrus Gibralter Greece Malta Spain Turkey Yugoslavia

(b2) Mernber or Associate Countries of OPEC

Algeria Bolivia Libyan Arab Republic Gabon Nigeria Ecuador Venezula Iran Iraq Kuwait Qatar

.Saudi Arabia Abu Dhabi Indonesia

(1) Comprising the Society Islands (Including Tahiti), The Austral Islands, the Tuamotu Gambiei Group and the Marquesas Islands.

(2) Trust Territory of the Pacific Islands, Caroline Islands Marshall Islands, and Marine Islands (cx- ceot Guam).

ANNEXURE—II

ELIGIBLE COMMODITY LIST

1. Rolls

2. Steel including special steel and alloy steel.

3. Components, attachments and spares for manu-

facture of trucks; and tractors.

4. Chemicals,

5. Spares, components and raw materials for Japan aided Projects and Indo-Japancse Joint Ven- tures.

6. Components, attachments and spares for power

tillers.

7. Machinery, components, attachments spares

and raw materials.

8. Machinery and equipment for the'

Small Scale Sector.

& Natural Gas sector. -

9. Machinery, equipment and spares for the Oil !

3 0. Fertilizer and such other items as may be

mutually agreed upon.

ANNEXURE—til

"REQUEST FOR ISSUE OF THE AUTHORISA- TION TO PAY"

No.

To

The Controller of Aid Accounts and Audit, Ministry of Finance, Dcparment of Economic Affairs, UCO Bank Building 1st Floor, Parliament Street, New Delhi-110001.

Subject :—Import under the Japanese Debt-Relief

Aid of Yen 1.948 billion for 1982-83.

Sir.

In connection with the import of

from Japan under the above mentioned Grant Aid, we furnish the following particulars to enable you to issue the A|P to the Bank of India, Tokyo in favour of the Supplier concerned :—

(a) Name and Address of the Indian Importer.

(b) Number, date and value of the import licence and date upto which it is valid.

(c) Method of procurement—whether it is based on direct purchase or Formal open Inter- national tendering in which case it should be indicated whether the contract has been awarded on the basis of technically suitable offer with reaspns, if any.

(d) Brief description' of the goods,

(e) Origin of the goods.

(f) Gross C&F value of contract (in Yen).

(g) Amount of Indian agents commission (in Yen) it' imy, payable, in Jndian rupees.

fh) Net C&F value (in Yen) for which Ihe

A|P is required.

(i) Name and date of the contract with Sup-

pliers.

(j) Name and address of the Supplier.

(k) Payment terms and pribable dates on which

payments under the contract will fall due.

(1) Expected date of completion of deliveries.

(m) Documents to be presented at the time of payment to Bank of India, Tokyo, (indicat- ing No. of sets of each and their disposal),

(n) Shipment instructions (indicate if tranship- mentjparfshipment permitted or not permi- tted).'

(o) Name and address of the Importer's Bank

in India.

(p) Whether a contract (s) under the same licence has been placed and if so, the No. date and value of such contract.

Yours faithfully,

ANNEXURE—IV

No.

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF ECONOMIC AFFAIRS

New Delhi, the

To

The Bank of India,

Tokyo Branch,

Tokyo (Japan)

Sub.:-—Import under Japanese Debt-Relief Grant Aid of Yen 1.948 billion. Issue of Authorisa- tion to pay

Dear Sirs,

In accordance with the terms and conditions of the aprei-inent dated 13-3-1979 entered into with your Bank, you are hereby authorised to pay an amount not exceeding Yen -to M!S (as per details given in the Appendix).

2. Please advise the Suppliers of the fact of rec-dpr of this authorisation to Pay (AJP) and en- dorse a copy of this advice to ihe Government of Japan, Importers¹ Bank, Embassy of India, Tokyo and this Ministry,,

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3. Payments to the suppliers in terms of the AjP will' be made on the basis of shipping documents etc. as indicated in the Appendix.

4. The banking charges including charges for handling documents payable to you by the importer will be settled by the Embassy of India Tokyof Importers Bank.

5. As and when any payment is made by you on the basis of shipping documents etc. presented by the supplier, an advice in the prescribed fonu should be sent to this Ministry and the importer's bant.

6. No amendments to A|P may be issued in the

absence of a spec-fic authority from this Ministry.

7. The A|P will remain valid upto

Yours faithfully, Accounts Officer

Copy forwarded to :—

1. Importer with reference

to their letier No dated

2. Importer's Banker they are request- ed to arranes to deposit the ruppec equivalent of the Yens|US|$| Pound paymentt to th-; overseas suppliers on receipt of documents fiom the Bank of India, Tokyo, Branch. The rupee equivalent of amount dis- bursed to the overseas suppliers will have to be cal- culated by applying the composite rate of conver- sation as prevailing on the date of payment to Overseas Suppliers in accordance with the Public Notice No. S—ITC (PN)|76 dated 17-M976 or such other Public Notices as may be issued from time to time. Interest @ 12 per cent per annum for the first Ihirty days and at the rate of IS per cent per annum for the period excess thereof reckoned for the period between the date of payment to the supplier and the date on which the rupee equivalents are de- posited into the Govt. Account, is required to be deposited into the Government of Tndia account in terms of Public Notice No. 46—ITC(PN)|76 dated 16-6-1976. The interest is payable for both the days i.e. the day on which payment is made to the over- seas supplier and also the date on which rupee de- posit is made into Government account. (Any chance in this rate will be intimated if and when made). It should be ensured that these deposits are made before the original set of import documents are handed over to the importer for Customs Clearance.

These amounts should be deposited cither with the RBI, New Delhi indicating Code No. 5130000009 on the right hand corner of the challan of the S'.B.L, Tis Hazari Delhi or remitted by means of a Demand Draft obtained by them from any Branch of the .S.B.I, or its subsidiaries or any one of the Nationalis- ed Banks (Drawer) drawn on and made payable to the S.B.T., Tis Ha/n'ri, Delhi-6 (Drawee and Payee. In this connection their attention is lalso invited to the rm-visions of the Public Notices No 23-ITC (PN)|f^ dated 24-10-1968, No. 132-ITC(PN)|71 dated 5-10-1971, No. 74-ITC(PN)|74 dated 31.5.74 and 1O3-ITC(PN)J76 dated 12-10 .1976.

iTle head of Account to be credited is "K—deposits & Advances--843—CIVIL deposit for purchases etc. abroad Purchases under Grant Aid from the Govern- ment of Japan" for 1982-83 (Yen 1.948 billion Grant Aid—Debt Relief).

One copy of the challan in original, in cases where the rupee equivalents are credited in cash at the RBI, New Delhi or the SBT, Tis Hazari, Delhi as prescrib- ed in Public Notice No. 132-]TC(PN)j71 dated 5-iO-f97J should be sent by them to the address given below alongwith a forwardiijg letter giving full details of the advice notes received from the Bank of India, Tokyo Branch.

The Controller of Aid Accourts and Audit, Minist- try of Finance (Department of Economic Affairs), 1st Floor UCO Bank Building, Parliament Street, New D&hi-l.

In cases where the rupee equivalents are remitted by means of demand drafts as laid down in the pub- lic Notice dated 24-10-1968 mentioned above, inti- mations thereof should be sent to the address, given above. In aD. cases, full particulars of the rupee equi-. valants deposited alongwith the amount of interest paid and the period for which interest has been cal- culated should be furnished to this Department.

The banking charges, of the Bank of India, Tokyo Branch, including charges of the overseas suppliers banker?, it any, should be settled directly between the Indian Bank and the Bank of India, Tokyo Branch.

4. Embassy of India, Tokyo.

5. The Under Secretary (TA) Ministry of Finance,

Department of Economic Affairs, New Delhi.

(Accounts Officer)

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