Advance Release Orders and back-to-back inland L/Cs permitted for Advance Licences for intermediate supplies and DFRC transferees, expanding sourcing options. Advance Licence holders and DFRC holders, including transferees of DFRC, may source inputs from indigenous suppliers or specified domestic units either through Advance Release Orders denominated in foreign exchange or rupees or by using Back-to-Back Inland Letters of Credit, with the latter available as an alternative to AROs and subject to procedures in the Handbook (Vol.1).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Advance Release Orders and back-to-back inland L/Cs permitted for Advance Licences for intermediate supplies and DFRC transferees, expanding sourcing options.
Advance Licence holders and DFRC holders, including transferees of DFRC, may source inputs from indigenous suppliers or specified domestic units either through Advance Release Orders denominated in foreign exchange or rupees or by using Back-to-Back Inland Letters of Credit, with the latter available as an alternative to AROs and subject to procedures in the Handbook (Vol.1).
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