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Imported cars from Japan: The bank guarantee of Rs 100,000 abolished

4 Août 2011

Imported cars from Japan: The bank guarantee of Rs 100,000 abolished

Importers of second-hand vehicles from Japan should no longer provide a bank guarantee of Rs 100,000 on each imported automobile.

No need for an importer of second hand car to provide a bank guarantee of Rs 100,000 on each vehicle from Japan. That the amendment to the Consumer Protection Regulations 2004 which allows. This measure takes effect in early August. 

The side of the Department of Business and Commerce, it is claimed that importers can use the bank guarantee already provided their imported vehicles. 

In addition, two instances including Nippon Kaiji Kyokai Kenta (NKKK) and Bureau Veritas Japan are now recognized in Mauritius. They will be responsible for the inspection of vehicles prior to boarding the boats. 

The decision by the Cabinet on July 15 is welcomed by importers. Zaid Ameer, president of the Motor Vehicles Dealers Association regrets however that the Department of Enterprise, Trade and Commerce has taken two weeks before making the decision applies. 

"It's a very good decision even if it took another two weeks. But I hope the government will also remove the embargo on parts and accessories, "says the president of the association of importers. 

However, the desire to Zaid Ameer on parts will not be applicable to soon. In a statement the Department of Business and Commerce said that the embargo on parts and accessories are maintained. 

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