Frequently Asked Questions (FAQs)
Question and Answer


Q. What is LCAF?


Answer:

"Letter of Credit Authorization Form" is used to allow opening LC to import from abroad. Though LCAF is required for opening of LC, this is required, in some cases, for import without LC as per IPO.


Reference/ Related Link

Para 2(10) of Import Policy Order, 2015-18
Para 8(4) of Import Policy Order, 2015-18



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