No.01/93/180/08/AM-18/PC-2(B)
Government of India
Ministry of Commerce & Industry
Directorate General of Foreign Trade

………….

Udyog Bhawan, New Delhi
Dated: 01.09.2017

(Trade Notice No. 16/2015 – 2020)

To:

1. All IEC holders/applicants

2. All EPCs / All Chambers of Trade and Industries

3. FIEO/ASSOCHAM/CII

4. All RA’s of DGFT

The Algerian Government vide their Notification N.Ref:421/2017 dated 4th July, 2017 has issued directions to their banks to suspend all direct debit instructions for import of following food products and food preparations:

(i) Food preparation products (sauce, ketchup, mayonnaise);

(ii) Food products (biscuits, confectionery, chocolate);

(iii) Industrial equipment such as electrical transformers;

(iv) Finished marble, finished granite

(v) Finished plastic products, household finished plastic products

(vi) Plumbing products

(vii) Carpets

2. In accordance with article 29 of the regulation No. 07-01 dated 09/01/2017, related to rules applied on transactions with foreign countries, the pre- authorized bank debit instruction is compulsory for making transfers / fund repatriation, and clearing of goods.

3. Companies having exported the above mentioned items to Algeria may check up with their client if all bank formalities mainly the pre- authorized bank direct debit instruction, has been completed before 4th July, 2017.

(S.P. Roy)
Joint Director General of Foreign Trade
Telefax: 23062240
E-mail: shyama.roy@nic.in

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Category : DGFT (3532)
Tags : DGFT Notifications (3474)

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