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DGFT Hand Book of Procedures Foreign Trade Procedure (upto 07/04/2006) Para 4.15

Back to Back Inland Letter of Credit (LC) 4.15

The exporter may alternatively avail the facility of a back to back inland letter of credit from the banks. An Advance Licence holder and a DFRC holder, may approach a bank for opening an inland letter of credit (LC) in favour of an indigenous supplier.

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