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DGFT Hand Book of Procedures Foreign Trade Procedure (upto 26/08/2009) 4.15.5

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

4.15.5

Non negotiable copy of inland L/C together with photocopy of Advance Authorisation / DFIA duly carrying endorsements made by bank shall be sufficient for indigenous supplier to claim deemed export benefits. L/C issued shall be entitled to benefits given in paragraph 8.3 (b) and (c) of FTP, as applicable.

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