Updated on September 04, 2023 12:03:39 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 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.
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 | 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 |
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 benefits of an AD code registration in Paradip port are as follows:
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.
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.
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.
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.
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.
The application fee for AD code registration at Paradip 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.
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.
Step 1: Click here to verify your ICEGATE ID. You will be directed to the panel below.
Step 2: Enter the PAN Number and Captcha code
Step 3: Click Submit.
Once you submit the details. You will get your ICEGATE ID.
ICEGATE ID can be used to avail multiple Services like Generating Shipping Bill, Document Tracking and Document filing.
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
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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.
AD code application status can be checked on Paradip Port portal online. Once the AD Code has been registered by the Custom a confirmation email is being sent to the registered email address.
Reserve Bank of India issues the AD code to the Authorized branches of banks dealing in foreign currency transactions.
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 Paradip port on the Icegate portal.
Authorized Dealers are the branch of banks dealing in foreign currencies. RBI issued a code to the Authorized branches of banks which is called an AD code.
Port registration is the registration of an AD code with the customs port where you intend to export goods. You need to register the AD code for each port separately, whether the ports are in the same state or a different state.
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