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DGFT Hand Book of Procedures Foreign Trade Procedure (upto 31/03/2007) 4.15

Back to Back Inland Letter of Credit (L/C)

4.15

The exporter may alternatively avail the facility of a back to back inland letter of credit from the banks. A holder of an Advance Authorisation/ DFRC/ DFIA , may approach a bank for opening an inland letter of credit (L/C) in favour of an indigenous supplier.

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