AD Code Registration for Mormugao Port - Process & Fees
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 ICEGATE 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 Mormugao Port.
AD Code Certificate [Sample]
Table of Content
- What is AD Code Registration for Mormugao Port?
- AD Code Registration Documents in Mormugao Port
- Benefits of AD code registration in Mormugao Port
- AD code Registration Process in Mormugao Port
- AD code Registration Fees in Mormugao Port
- AD Code Port Registration on ICEGATE
- Ports / ICD for AD Code Registration
- Conclusion
- FAQ - Frequently Asked Question
What is AD Code Registration for Mormugao Port?
The procedure of registering a 14-digit Authorised Dealer (AD) Code , which is provided by the exporter's bank, with the port's customs office is known as AD Code Registration for Mormugao Port in Goa. INMRM1 is the official port code for Mormugao, and it needs to be accurately entered when registering.
This registration is mandatory for exporters to generate shipping bills and clear goods through customs. Without AD Code registration at INMRM1 , exporters cannot legally export goods via Mormugao Port. It ensures that the exporter’s bank details are linked with ICEGATE (Indian Customs’ electronic system), allowing smooth and compliant processing of export transactions.
Benefits of AD Code Registration in Mormugao Port
The benefits of an AD code registration in Mormugao Port are as follows:
- 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.
AD Code Registration Documents in Mormugao Port
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:
- AD code authorization letter on Banker’s letterhead
- GST Registration Certificate
- Canceled Cheque
- Importer Exporter Code(IEC) Certificate
- Company’s PAN(Personal Account Number)
- Board resolution (for company only)
- PAN/ Aadhaar/ Voter ID/ Passport copy of Director or Partner or Proprietor
- Export house certificate(optional)
Our team of professionals will assist you in preparing the documents for the application.
AD Code Registration Fees in Mormugao Port
Below is a clear breakdown of the charges involved in AD Code registration at Mormugao Port.
The application fee for AD code registration at Mormugao 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 Process in Mormugao Port
The process of AD code registration on Icegate is executed in 4 steps:
- Documentation
- Application to the Icegate portal using organization-based class 3 DSC(Digital Signature Certificate)
- Following up with the concerned port for AD code registration.
- Approval of AD code from customs.
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.
AD Code Port Registration on ICEGATE
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 |
| Chennai | Chennai Port Registration | INMAA6 |
| West Bengal | Kolkata Port Registration | INCCU1 |
| Karnataka | New Mangalore Port Registration | INNML1 |
| Kerala | Cochin Port Registration | INCOK4 |
| Orissa | Mormugao Port Registration | INPRT1 |
| Maharashtra | Mumbai Port Registration | INBOM6 |
| Andhra Pradesh | Mormugao Port Registration | INVTZ6 |
| Tamil Nadu | Mormugao Port Registration | INTNC6 |
| Andaman & Nicobar | Port Blair Port Registration | INIXZ1 |
| Goa | Mormugao Port registration | INMRM1 |
Ports / ICD for AD Code Registration
Conclusion
AD Code Registration at Mormugao Port is one of the most essential mandatory compliance requirements for businesses engaged in foreign trade. This 7-digit code serves as a unique identifier that helps monitor cross-border transactions in a transparent and traceable manner. Once a business submits and verifies the required documents, it can obtain the AD Code to ensure smooth international trading within a regulated framework.
Obtaining an Authorized Dealer Code from an RBI-approved bank enables exporters and importers to operate at Mormugao Port efficiently and in full compliance with customs and foreign exchange laws. To learn more about AD Code Registration at Mormugao Port, consult Professional Utilities.
Frequently Asked Questions (FAQs)
What is AD Code Registration for Mormugao Port?
Registering your bank's Authorised Dealer (AD) Code connects it to Mormugao Port (port-code INMRM1). This is necessary for creating a shipping bill and for customs clearance for exports/imports at Mormugao.
Who needs to register AD Code for Mormugao Port?
Every exporter or importer utilizing Mormugao Port for shipping needs to possess a bank AD Code along with a valid IEC (Importer-Exporter Code) for registration.
What documents are required for AD Code Registration at Mormugao Port?
Necessary documents usually consist of: a letter with the bank’s AD Code, an IEC certificate, the company’s PAN, a cancelled cheque (or a bank statement), a GST certificate (if relevant), and identification proof for the authorized signatory.
How long does AD Code Registration take for Mormugao Port, and is it a one-time process?
Once submitted with correct documents, AD Code registration is generally approved within a few working days. After registration, the AD Code remains valid for lifetime for that port.
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