Updated on July 06, 2024 06:08:24 PM
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 Port Blair Port.
AD Code Certificate [Sample]
AD Code Registration is a process by which an Authorized Dealers (AD) Code is obtained from the Reserve Bank of India. This unique code is allotted to entities involved in foreign exchange transactions. For instance, importers and exporters have to use the AD Code allotted to them in undertaking their businesses. The AD Code plays a pivotal role in international trade and ensures adherence to the provisions laid down for foreign exchange-related activities. To obtain the AD Code, the business must present the documents for identity, address proof, registration, and other formalities to the authorized dealer bank along with the application form. After approval, it permits businesses to involve themselves in foreign exchange transactions.
The benefits of an AD code registration in Port Blair Port are as follows:
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:
Our team of professionals will assist you in preparing the documents for the application.
The process of AD code registration on Icegate is executed in 4 steps:
You can check if your AD code is registered on the Icegate portal or not by generating the shipping bill. Your AD code is registered with that port if the shipping bill is generated successfully.
Here is the fee structure for IEC Code registration in Pune:
The application fee for AD code registration at Port Blair Port is ₹2,999/-. It is a one-time fee that has to be borne by the exporter.
Note- There is no government fee for AD code registration.
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.
Port Location | ICEGATE AD code Registration | Port Code |
---|---|---|
Mumbai | Nhava Sheva Port registration | INNSA1 |
Tamil Nadu | Ennore Port Registration | INENR1 |
Gujarat | Kandla Port Registration | INIXY6 |
Port Blair Port | Port Blair Port Port Registration | INMAA6 |
West Bengal | Kolkata Port Registration | INCCU1 |
Karnataka | New Mangalore Port Registration | INNML1 |
Kerala | Cochin Port Registration | INCOK4 |
Orissa | Paradip Port Registration | INPRT1 |
Maharashtra | Mumbai Port Registration | INBOM6 |
Andhra Pradesh | Visakhapatnam Port Registration | INVTZ6 |
Tamil Nadu | Tuticorin Port Registration | INTNC6 |
Andaman & Nicobar | Port Blair Port Registration | INIXZ1 |
Goa | Mormugao Port registration | INMRM1 |
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.
Step 1:
Contact us
Step 2:
Provide all required documents
Step 3:
Get AD code certificate within 5 days
The AD Code certificate doesn’t require a renewal process to validate the document for another year due to its lifetime validity. An AD code registered at one port is valid for all ports in India, saving you time and effort. To obtain AD Code port registration in Port Blair, you need to consult our expert professionals so you can experience hassle-free services with no further objection to acquiring your AD Code Certificate.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
It takes around 2-5 days for AD code registration at professional utilities.
You can check your AD code registration with customs by generating the shipping bill at a particular customs port. Your AD code has been successfully registered if the shipping bill is generated.
For customs clearance, AD code registration at designated ports is mandatory for exporters and importers. You are not allowed to export goods without AD code registration.
AD code is required to generate shipping bill on icegate portal. A shipping bill is compulsory for importing and exporting of goods. AD code also allows you to receive payments in foreign currencies.
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