Authorized Dealer Code Registration
What is Authorized Dealer Code Registration:
To navigate the exciting world of import and export in India, two key registrations serve
as your passport: the IEC (Import-Export Code) and the AD (Authorised Dealer) Code. The
AD Code, a 14-digit number, acts as a gatekeeper for customs clearance, ensuring the
legitimacy of foreign currency transactions in your business account. It's issued by
your bank, specifically one authorized to handle foreign exchange, and is printed on
their letterhead in a format mandated by the Directorate General of Foreign Trade
(DGFT).
To initiate exports, registering your AD Code at the port of customs clearance is
crucial. It's the mechanism that unlocks the generation of the shipping bill number, a
non-negotiable requirement for sending goods beyond borders.
Benefits of Authorized Dealer Code Registration:
Exploring Global Markets:
The AD Code helps Indian businesses expand globally by making it easier to enter new
markets and work with international partners. It lets companies show how good they are
on a worldwide level.
Easy and Hassle-Free:
Once a business gets an AD Code, it's good forever. No need to do it every year, which
makes things smoother. This frees up time and resources to focus on growing the
business.
Getting Great Benefits:
Having an AD Code comes with perks from government bodies. These perks include things
like tax advantages and special support programs. They help Indian exporters grow and
stay ahead.
Making Trade Smooth:
The AD Code is like a passport for exporting goods. It's needed for important stuff like
making sure goods get out of the country smoothly.
Keeping Finances Simple:
With the AD Code, government benefits go straight into the business bank account. This
keeps things clear and makes international business transactions easier.
More than Just Numbers:
The AD Code shows that a business follows the rules and handles foreign money right. It's
a sign that businesses can be trusted when they do business internationally.
Start Going Global:
Using the AD Code helps businesses tap into international markets better. It brings
simpler processes, cool perks, and access to a bigger global market. It's a tool that
opens doors to global success!
Here's a clear and concise summary of the documents required for obtaining an AD
Code:
-
Essential Documents:
- Bank Authorization: Original AD Code Authorization letter from your bank.
- Exporter's Request: Letter on your company letterhead requesting AD Code
registration.
- Customs Broker's Request: Letter from your customs broker (if applicable)
requesting registration.
- GST Registration Certificate: Proof of your GST registration.
- Recent Income Tax Returns: Copies of your most recent IT returns.
- Bank Statements: Copies of bank statements or proclamations.
- IEC License: Import-Export Code License.
- PAN Card: Company PAN Card.
- Export House Certificate: If applicable.
- Manufacturing License: If applicable.
- Owner/Partner Identity Proof: Aadhaar Card, PAN Card, Voter ID Card, or
Passport
Procedure to get AD Code:
To ensure a smooth and efficient acquisition of your AD Code, we present a concise
overview of the process:
- Initiate Bank Communication:
Formalize your request for AD Code
information by submitting a letter to your bank. This letter should clearly outline
your business details and upcoming export transaction specifics.
- Verify Current Account Status:
Confirm that your current account resides
with a bank authorized to handle foreign exchange transactions. This ensures
compatibility with the complexities of international trade.
- Submit Application to Bank:
Diligence is key! Formally request your AD
Code by submitting a dedicated application to your bank's Branch Manager, adhering
to the prescribed format.
- Receive Your AD Code:
Upon successful processing, your bank will issue a
14-digit AD Code printed on their official letterhead, adhering to the standardized
format mandated by the Directorate General of Foreign Trade (DGFT).
- Port Registration:
Integrate your newly acquired AD Code into the
designated system. This can be accomplished through traditional registration at the
relevant port or via the online convenience of the Indian Customs Electronic Gateway
(ICEGATE).
- Secure ICEGATE Access:
Establish your presence on the ICEGATE platform by
creating an ID utilizing an organization-based Class 3 Digital Signature Certificate
(DSC).
- Compile Required Documents:
Meticulously gather all documents stipulated
by the customs house, ensuring complete information and adherence to their
guidelines.
- Submit Application to Customs House:
Present your comprehensive
application to the customs house, incorporating detailed information about the
exporter, consignment, and shipping particulars.
- Finalization and Registration:
Upon meticulous review of your application
and supporting documents, the customs house will finalize your AD Code registration,
officially granting you access to its associated benefits.
Congratulations! With your AD Code in hand, you are now equipped to confidently navigate
the exciting world of international trade and propel your business towards global
success.
Why choose Ecfile for Obtaining Your AD Code?
When it comes to securing your AD Code for seamless international trade, Ecfile stands
out as your trusted partner. Here's why:
- Expert Guidance:
Our experienced professionals offer expert guidance
throughout the AD Code acquisition process, ensuring a smooth and error-free
application.
- Efficiency and Speed:
At Ecfile, we prioritize efficiency and swift
processing, streamlining the AD Code acquisition journey for your convenience.
- Comprehensive Assistance:
We provide comprehensive assistance, from
document compilation to application submission, ensuring every step is executed with
precision.
- Regulatory Compliance:
Stay assured of strict adherence to all regulatory
requirements and guidelines while obtaining your AD Code through Ecfile.
- Personalized Support:
Our dedicated support team offers personalized
assistance, addressing your queries and concerns promptly and effectively.
- Transparent Process:
Experience a transparent and clear process with
Ecfile, ensuring that you're informed and involved at every stage of AD Code
acquisition.
At Ecfile, our commitment is to empower your business by simplifying the AD Code
acquisition process, allowing you to embark on your international trade ventures with
confidence and ease.