DGFT Regulatory Doc

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 4" 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

ea 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.

23 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 4" July, 2017. (SP.KuRoy) Roy)

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