Online AD Code Registration for Paradip port - Registration, Fees and Documents

AD code is a unique 7-digit code assigned by the Reserve bank of India to every authorized branch of banks dealing in foreign currencies. AD code stands for Authorized Dealer’s code. It is a letter from the bank mentioning the Authorized Dealer’s code provided to each bank by the Reserve Bank of India.

The primary purpose behind AD code registration is to ensure that foreign currency transactions have been made from a legitimate source. Once the bank AD code is issued, you must register it with every port from where you plan to export goods. It is also called an AD code letter by the CHA(Customs House Agent).

Read on to know the benefits, document requirements and how to apply for icegate AD Code registration at Paradip port.

AD Code Certificate [Sample]

AD code registration can be done online on the ICEGATE portal for each port separately. It is mandatory to register AD code on the port where you intend to import goods. The 13 major ports in India are listed below.

Once you receive the AD code on the bank’s authorization letter, You need to register the AD code online on the ICEGATE portal for customs clearance. The following documents are required to proceed with the application:

1. AD code authorization letter on Banker’s letterhead
2. GST Registration Certificate
3. Canceled Cheque
4. Importer Exporter Code(IEC) Certificate
5. Company’s PAN(Personal Account Number)
6. Board resolution (for company only)
7. PAN/ Aadhaar/ Voter ID/ Passport copy of Director or Partner or Proprietor
8. Export house certificate(optional)

Our team of professionals will assist you in preparing the documents for the application.

• Generating Shipping Bill on ICEGATE: A shipping bill is one of the three mandatory documents for exporting goods abroad. Indian Customs EDI system won’t allow you to generate shipping bills on the ICEGATE portal without an AD code registration.
• Lifetime Validity: AD code registration on a port is valid for a lifetime. Therefore, you only need to pay a one-time fee, and the registration will be valid for a lifetime of that port.
• Online Process: Earlier, the AD code registration was done at the ports, which took a lot of time, money and effort. Now, The entire process of bank AD code registration is online on the ICEGATE portal.
• counters the Smuggling of goods: AD code tracks any illegal source of foreign transactions and helps in reducing the Smuggling of prohibited goods, which contributes to long term growth of the nation’s economy.
• Legalizes Import-Export Business: Exporters can avail several benefits from the DGFT, Exports Promotion Council and other government schemes. In addition, AD code allows multiple other benefits like duty rebates, tax returns and subsidies.

Registering an AD code can be a difficult and time taking process. Therefore, it is advised to seek an expert’s help to avoid complications and rejection of the application.

We are a team of professionals who provide AD code registration for your import-export business at the minimum price guaranteed. You can apply for the AD code registration for Exports with us in just three simple steps.