AD Code Registration Kolkata Customs
If you want to start an Import and Export business in India, as per Government regulations you must have two registrations. Those are IEC Registration and AD Code Registration. Without these, you can not start or run an import-export business in this country. The AD Code Registration Kolkata Customs is required for customs clearance of your commodities. Opt for customs clearance services for imports and exports of air cargo at the Kolkata Airport.
Advantages of AD Code Registration Kolkata Customs
An Authorised Dealer (AD) Code is a 14-digit number issued to ensure whether or not the foreign currency transactions in an exporter’s current account are from a legal channel. There are various benefits of AD Code Registration as listed below.
1. This will assist you in building your business as well as reaching out to a broader market worldwide. So, this will allow your company to grow fast.
2. This is a one-time process, so you won’t have to submit returns. Once the code is assigned, you don’t need to complete any further return filing or steps.
3. An AD Code has life-long validity which means if you register for the AD Code, you won’t need to renew it.
4. Based on the AD Code registration, the organisations may get various incentives for imports and/or exports from the Customs, DGFT, Export Promotion Council, as well as various other Government schemes.
AD Code Registration Procedure:
The AD Code Registration Kolkata Customs procedure generally includes the following steps:
Initial Consultation: Once you contact an AD Code Registration service provider, they will conduct a thorough consultation with you to understand your business activities, international trade operations, as well as your specific AD Code registration requirements.
Documentation Preparation: The expert team will assist clients in gathering the necessary documents for AD Code registration, ensuring that there is compliance with RBI guidelines.
Submission and Follow-up: Once the documents are prepared, they will proceed with the submission process to the RBI or authorized banks for registration. They carefully monitor the registration application, provide regular updates and address any queries fast.
Issuance of AD Code: Once the registration is done successfully, they ensure you get timely issuance of the AD Code. They will assist you in integrating the AD Code into your business processes and systems. This will further enable seamless international transactions in trade.
Documents Required
- Bank Authorisation letter in a formal and prescribed format
- IEC Copy
- GST Registration Certificate
- Letter of the exporter on letterhead making a request for the Registration of AD Code for Kolkata Customs Port ie. Kolkata (UN/LOCODE: INCCU1, INCCU4 etc)
- RCMC Certificate
- PAN Card copy of the Company/Partnership Entity
- PAN Card copy of Authorised Signatory (Director or Partner or Proprietor) in Bank Account
- Cancelled Cheque Copy
An AD Code is a must for export from India. You will have to get AD Code Registration because only then you will be allowed to legally get clearance from customs, get paid from foreign and do various other tasks necessary for export business. You can easily to AD Code Registration Kolkata Customs Online. All you have to do is contact a trusted service provider and provide them with relevant documents. They will get you a quick solution and an affordable charge.
