AD Code Registration Overview

An AD (Authorised Dealer) Code is a 14-digit number issued by a bank to exporters and importers. It is essential for all transactions involving foreign currency and ensures that these are legitimate and regulated.

Benefits of AD Code Registration

• Simplified Foreign Currency Transactions: Verifies the identity of exporters/importers, facilitating smooth payments.
• Faster Customs Clearance: Ensures compliance with regulations, allowing quicker release of goods.
• Access to Government Schemes: AD Code proves your business is genuine, making you eligible for export incentives.
• Compliance and Risk Reduction: Reduces chances of penalties and ensures adherence to trade regulations.

Eligibility Criteria

• Must have a valid Import Export Code (IEC) from DGFT.
• Hold a current account with a foreign currency-authorised bank.
• Submit all required documents.

Required Documents

• IEC Certificate from DGFT
• Bank account details (name, branch, IFSC, etc.)
• PAN card or other ID proof
• Business address proof
• Board resolution (for companies)
• Authorization letter (for application submission)

Steps to Apply

Step 1: Apply Through Your Bank

• Visit your bank branch
• Submit application letter with IEC, GST details, and port information
• Provide supporting documents
• Pay applicable fees

Step 2: Register on ICEGATE

• Sign in to the ICEGATE portal
• Confirm port locations
• Obtain a Class-3 Digital Signature Certificate
• Use 'Add Bank Account' under 'Bank Management System'
• Fill in AD Code and upload required documents
• Review and submit application

Ports/ICDs for Registration

• Ports: Chennai, Cochin, Kolkata, Mumbai, New Delhi, Kandla, Visakhapatnam, Haldia, Paradip, Mangalore, Tuticorin
• ICDs: Ahmedabad ACC, Coimbatore Sriperumbudur, Agra ICD

Verifying ICEGATE Registration

1. User Details:

• Go to ICEGATE PAN User Details page
• Enter PAN to view registration data

2. IE Code Status:

• Visit ICEGATE IE Code Status page
• Choose appropriate DGFT office
• Enter IE code to view issue date and validity

Why AD Code Registration is Important

• Helps track foreign exchange and prevent illegal activity
• Confirms trade legitimacy for customs and financial authorities
• Required for government export incentives
• Ensures compliance with FEMA and other trade laws

Consequences of Not Registering

• Inability to make/receive foreign currency payments
• Customs clearance delays
• Loss of government scheme eligibility
• Risk of financial penalties and legal action

Importance of Compliance

AD Code ensures trade transparency, faster customs processing, and regulatory adherence. It is crucial for exporters/importers engaging in foreign trade.

Did You Know?

Non-compliance with FEMA can lead to major fines or legal proceedings. Operating without an AD Code may also invoke action under the PMLA Act, which carries serious penalties.

Ports & ICDs for AD Code

• Ports: Mumbai, Chennai, Kolkata, Vizag, Tuticorin, Cochin, Kandla, JNPT, Paradip
• ICDs: Ahmedabad ACC, Alang, Azhikkal, Agra, Coimbatore Sriperumbudur, etc.

Finding Specific Options

• ICEGATE Portal: Access the official list of ports and ICDs available for registration.
• Bank Assistance: Your bank can confirm the ports/ICDs linked with their services.
• Customs Broker: Consult an export professional to select the best-suited port/ICD.

Why Choose Sperso Filings for AD Code Registration?

At Sperso Filings, we understand how crucial AD Code registration is for your import-export business. We simplify the process and ensure full compliance with RBI and DGFT requirements.

• Expertise in Foreign Exchange Compliance: Our team is well-versed in RBI regulations and foreign exchange procedures, ensuring accurate and compliant AD Code filings.
• Hassle-Free & Timely Process: We handle documentation efficiently and ensure quick turnaround times, helping you avoid delays in trade operations.
• Tailored Services for Importers & Exporters: Whether you're a new exporter or a seasoned importer, we customize our approach to match your specific needs.
• RBI Compliance Support: We help keep your business compliant with evolving RBI norms, minimizing the risk of penalties.
• Risk Mitigation: Our experience allows us to spot and resolve issues before they cause problems, ensuring smooth trade transactions.
• Transparent Pricing: Our fee structure is simple and upfront—no hidden costs, so you can plan your expenses confidently.
• Dedicated Client Support: We’re here to assist you at every step, offering responsive support and clear guidance.
• Proven Results: Businesses trust Sperso Filings for smooth, successful AD Code registration—backed by real experience and results.