Go AD-Free with CAclubindia Pro and get Daily WhatsApp Updates. Subscribe Now!

banner_ad

CC limits

This query is : Resolved

Share Report Follow Query Ask a Query

Pinki Agrawal

Pinki Agrawal (Querist)
Follow

15 December 2009 What is the difference between CC and LC limits

Amol Gopal Kabra (CA,CS,DISA)

Amol Gopal Kabra (CA,CS,DISA) (Expert)
Follow

15 December 2009 CC means Cash Credit and LC means Letter of Credit. CC is a short term Working Capital Finance. Whereas LC is the guarantee taken by bank to the exporter on behalf of the importer to make the payments for import proceeds.

CS Vandana Kacholia

CS Vandana Kacholia (Expert)
Follow

15 December 2009 agree with suggestions

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
Follow

15 December 2009 Agree with Mr. Amol

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Tushar Gupta

Tushar Gupta

Pro Member madhuseshu yathirajam

madhuseshu yathirajam

Pro Member CA.K.RAMAKRISHNA. PRABHU

CA.K.RAMAKRISHNA. PRABHU

Pro Member Krishnan V

Krishnan V

Pro Member chandradhass sathish

chandradhass sathish

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

Featured 02 May 2026

Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details

Featured 29 April 2026

Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details

Featured 14 April 2026

GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 13 April 2026

GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 28 March 2026

Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details

Featured 28 March 2026

CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details

Featured ARTICLESHIP 19 March 2026

Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details

Featured 14 March 2026

Associate CA

N N V Satish&co

Hyderabad

CA

View Details