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DGFT Hand Book of Procedures Foreign Trade Procedure (upto 07/04/2006) Para 4.15.6

Back to Back Inland Letter of Credit (LC) 4.15.6

Where the import of gold/silver is permitted as an input under this scheme, such gold/silver can be sourced through the nominated agencies as given in paragraph 4A onwards in Chapter-4 of the Policy for supply against the Advance Licences issued in this behalf. Before supply of the material, the nominated agencies should follow the same procedure as given in paragraph 4.15.1 above.

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