Online AD Code Registration for New Mangalore port - Registration, Fees and Documents

Updated on January 22, 2024 03:29:16 PM

AD code Registration in New Mangalore port is a unique 7-digit code assigned by the Reserve bank of India to every authorized branch of banks dealing in foreign currencies.

Read on to know the benefits, document requirements and how to apply for ICEGATE AD Code at New Mangalore port.

AD Code ICEAGATE Certificate [Sample]

AD Code Registration on ICEGATE for Mangalore Port
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What is the AD Code?

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.

Once the 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).

The primary purpose behind AD code registration is to ensure that foreign currency transactions have been made from a legitimate source.

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Documents Required for AD code Registration

Documents Required for AD Code Registration for New Mangalore 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:

  1. AD Code letter on banker’s letterhead
  2. GST Registration Certificate
  3. Cancelled 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.

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Benefits of AD code registration in New Mangalore Port

The benefits of an AD code registration in New Mangalore port are as follows:

  • Generating Shipping Bill on ICEGATE portal: 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. 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.
  • Scale down the Smuggling of goods:AD code tracks any illegal source of foreign transactions and helps in reducing the Smuggling of prohibited goods, which contributes in 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.
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AD code Registration Fees at New Mangalore Port

The application fee for AD code registration in New Mangalore Port is ₹2,999/- only. It is a one-time fee which has to be borne by the exporter.

Note- There is no government fee for AD code registration.

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AD code Registration process in New Mangalore Port

AD Code Registration Process for New Mannglore

The process of AD code registration on Icegate is executed in 4 steps:

  1. Documentation
  2. Application to the Icegate portal using organization-based class 3 DSC(Digital Signature Certificate)
  3. Following up with the concerned port for AD code registration
  4. 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. If the shipping bill is generated, then your AD code is registered with that port.

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ICEGATE Registration Verification

  1. Click here to verify your ICEGATE ID. You will be directed to the panel below.
  2. Enter the PAN Number and Captcha code
  3. Click Submit.
  4. Once you submit the details. You will get your ICEGATE ID.
  5. ICEGATE ID can be used to avail multiple Services like Generating Shipping Bill, Document Tracking and Document filing.
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Professional Utilities: Assisting you in AD code registration

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

We are a team of professionals who provides 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.

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Step 1:
Contact us

Step 2:
Provide all required documents

Step 3:
Get AD code certificate within 5 days

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Frequently Asked Questions (FAQs)

Is it mandatory to register AD code on icegate?

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.

Why is AD code required?

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.

Who issues the AD code?

Reserve Bank of India issues the AD code to the Authorized branches of banks dealing in foreign currency transactions.

How do you get an AD code in New Mangalore port?

You can get an AD code from the bank with which you have a current account. You need to send a request to the branch manager in a prescribed format to issue the AD code on the Bank letterhead. Once the AD code is issued, it is registered with the New Mangalore port on the Icegate portal.

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