Copy of Icegate AD Code Registration old
List of Services
AFLEO Consultants DGFT Regional office
- IEC and its modification/Yearly Update/IEC Surrender.
- Revoke IEC from DEL, Suspension, Cancellation etc / Merger/Demerger of IEC’s.
- DGFT Identity card.
- Advance License - Issuance and Redemptions
- Export Promotion Capital Goods (EPCG) License – Issuance and Redemptions
- Duty-Free Import Authorization (DFIA)
- Remission of Duties or Taxes on Export Product (RoDTEP)
- Merchandise Exports from India Scheme (MEIS)
- Services Exports from India Scheme (SEIS)
- Rebate of State and Central Taxes and Levies (RoSCTL)
- Transport and Marketing Assistance (TMA)
- Certificates of Origin (COO) – SAPTA, APTA, ISLFTA, GSTP, India–Dubai CEPA, etc.
- Import Monitoring System (IMS) – Steel IMS, Coal IMS, Copper/Aluminium IMS, Chip IMS
- Deemed Export Benefits – Apply for Refund of TED/DBK/Brand rate Fixation.
- Star Export House Certificate.
- Free Sale & Commerce Certificate, End User Certificate.
- Enforcement cum Adjudication Proceedings at RA Mumbai.
- E-RCMC Certificate from DGFT – APEDA, FIEO, EEPC, PHARMEXCIL, CHEMEXCIL ETC.
- Gems & Jewelry Schemes.
- Application for Interest Equalization Scheme.
- REX Registration.
- FREE SALE AND COMMERCE CERTIFICATE.
- Abeyance Cases for IEC’s in DEL.
- END USER CERTIFICATE.
DGFT HQ, New Delhi
- Norms Fixation - Handling 25+ Norms Fixation cases every month across various Product groups. (Engineering, Pharmaceutical, Chemical, Textiles & Leather, Plastic & Rubber, Food, Sports & Misc. products)
- Policy Relaxation Committee (PRC Matters) - Proudly representing 20+ cases every month.
- EPCG Committee Approvals - Handling 10+ complex cases every month
- Permission for Restricted/Negative list of Import Items & Export Items - Experience in Handling 100+ cases till date.
- Registration Certificates for Export & Import Items.
- SCOMET Licenses.
- TRQ (Tariff Rate Quotas)
- Appeal Matters under FTP.
Custom Related Services
- AA/EPCG/DFIA License Registration.
- Bond & Bank Guarantee (BG) Cancellation of EPCG/Advance License.
- ICEGATE Registration.
- Refund under Section 74.
- Pending Duty Drawback from Customs.
- Factory stuffing– Self-sealing permission. [FSP]
- Pending IGST Refund from Customs.
- Removal of IEC from the Alert list of Customs.
- GST Services – Refund of ITC from GST.
- Authorized Economic Operator (AEO T1, T2 & T3) certification.
- Reply & Follow-up of Customs Notices if any.
- GST Services – Refund of GST for Service Exporters.
- AD Code/IFSC Registration.
- SIIB Matters (Special Investigation and Intelligence Branch)
- SVB Matters.
- Registration Procedures for First-time Importers/ Exporters
- DPD/DPE Registration.
Other Certification:
- All Types of Digital Signature Certificates.
- Health Certificate for Export Products
- EPR Certification for Producers, Importers and Brand owners.
- Phytosanitory Certificate.
- BIS Certification.
- Banking & RBI related liaison for Exporters & Importers.
AFLEO logistics
- Sea Cargo Consolidation – Import & Export
- Sea Freight Forwarding - Import & Export
- Air freight - Import & Export
- Land freight
- Warehousing
- Customs clearance
- Insurance
AFLEO Global
- Buying of scrips - MEIS / SEIS / RoDTEP / RoSCTL / DFIA
- Selling of scrips - MEIS / SEIS / RoDTEP / RoSCTL / DFIA
Find our brochure for more details:
Table of Contents
Copy of Icegate AD Code Registration old
All about AD code (Authorized Dealer Code) / IFSC code registration
Overview :
All exporters and importers of goods in India are required to obtain the AD code as it is mandatory for customs clearance. A shipping bill is required for customs clearance at the port & it cannot be generated without an AD code registration. An AD code registration also offers benefits like exemptions that are directly credited to the current account.
When a current account is opened by any importer or exporter who wants to do international business, the authorized bank assigns an AD code. This is a 7-digit code given to an importer or exporter by a bank because all export proceeds are to be received in this account via normal banking channels. The AD code is a seven-digit number assigned by the Reserve Bank of India to the bank. For an importer, the amount of imported goods must be remitted to the seller from this Account. As a result, this account becomes a critical link in the Exim business.
We will focus on clarifying the fundamental concepts of the AD code and IFSC, new amendments to the online systems and required documents, and some important FAQ’s about the AD code and IFSC.
What is AD code?
The term AD refers to an authorised dealer who is licenced to conduct forex transactions by the Reserve Bank of India. When an exporter or importer opens a current account with a registered authorised dealer (exporter/importers banker), they are given the licence number of the authorised dealer. It also confirms that the importer or exporter is conducting legal business and that the proceeds are received or repatriated via normal banking channels. This code is required in order for an importer/exporter to transact any document, such as a shipping bill or a bill of entry, in the customs Icegate portal.
What is IFSC code:
Exporters are required to register for an IFSC code. The main reason for registering with an IFSC is to receive benefits such as duty drawback and IGST refund. In simple terms, it means that the amount of duty drawback and IGST will be credited to the bank account associated with the IFSC Code.
Importance of AD code.
It is very important to have an AD code without which an importer/exporter will not be able to transact any document with customs. It also helps customs and RBI to know whether the import/export transactions have been completed through legal banking channels.
Other benefits:
- Mandatory documents for import/export.
- Transfer of credit to the traders account directly.
- Submission of shipping bills/bill of entries for onward export/import.
- Important for claiming incentives and refunds.
- Importers requirement for releasing payments.
- Port registration can be done online.
Watch this short video on Icegate AD code registration & IFSC Code Registration, which explains the importance, application procedure, and how we at AFLEO Group can assist you in registering the AD code/IFSC at customs Icegate Portal.
Icegate AD Code Registration Procedure:
Before registration of the AD code let us understand what Icegate is.
Icegate is the official portal created by the CBIC for doing international business with customs and banks for importers and exporters. Prior to registering an AD code with Icegate, an importer or exporter must first register the company with the Icegate portal, i.e., provide his IEC, PAN card, email address, and phone number. This is a one-time event.
Documents Required for AD Registration online on Customs Icegate Portal:
- AD code number letter on bank’s letter head.
- GST registration document.
- Cancelled cheque.
- IEC code.
- Company’s pan card copy.
- Photo, Aadhar card copy, pan card copy etc. of the director who is authorized to sign the document on behalf of the company.
How can we help you
We at AFLEO Group, are a team of DGFT & customs experts having a rich experience of 10+ years in exim consultancy & international logistics [freight forwarding]. With our vast knowledge and experience in this field we can help you with the registration of AD code & IFSC at all ports in India in a fast & efficient manner.
So do get in touch with us for any of your requirements and our team will be happy to help you.
Let us know if you have any doubts in the below section.
FAQ’s on AD code registration at Icegate:
What is AD code registration?
It is a mandatory requirement for conducting imports and exports from our country.
How do one register AD code?
Government fee is ₹500. Service charges might be extra in case you appoint a consultant.
How to check AD code status?
How does an importer/exporter get AD code?
After opening a current account with a registered authorised dealer, the dealer receives a 7-digit code that serves as proof of his registration with the Reserve Bank of India. This seven-digit code is the AD code for an importer or exporter.
How does registration of AD code help?
It helps in getting the incentives and benefits directly credited into the Bank account. Also it helps in getting the export proceeds realized or allows repatriation of the funds for imports done.
Can multiple AD codes be registered for one port location?
No, an IEC holder may only have one AD code bank account registered for one Port location.
Is AD code mandatory for importers as well?
Yes, it is required for importers. The importer will be unable to file the bill of entry at customs without an AD code.
Latest update:
As per the latest circular, AD code is to be registered at one port only, post which it will automatically be reflected for all ports.
Whereas, IFSC registration is to be done port wise separately.