AD Code Registration is essential for import or export businesses in India. AD Code links your Import Export Code (IEC) with your bank account. Thus, it enables smooth transactions at customs. However, the process is not simple and you may end up making mistakes that will cost you your time and money. Let’s save your … Read more
Yes, AD Code Registration is mandatory for exporting goods from India. If you’re exploring export business ideas or planning to start import export business, understanding the importance of the AD code is crucial. Let’s see why the AD Code is mandatory for export from India. What is an AD Code? The AD Code(Authorised Dealer) is … Read more
Overseas Direct Investment means having investments by Indian entities in foreign companies. This can be done either through equity acquisition or subscription. This allows Indian businesses to expand into international markets and benefit from the other nation’s assets. Eligibility and Limits for Overseas Direct Investment Investors can be Indian companies, LLPs, and registered partnership firms, … Read more
In order to expand your business globally and engage in cross-border trade, acquiring AD Code Registration, also known as Authorised Dealer Code Registration, is essential. This unique code, assigned by the Reserve Bank of India (RBI), is a requirement for individuals or businesses involved in foreign exchange transactions in India. Let us know about AD … Read more
Money makes the world go round, and in today’s globalised economy, it’s not uncommon for individuals and businesses to send and receive funds across international borders. However, with the increasing prevalence of cross-border transactions comes the need for greater transparency and regulation. This is where the Foreign Remittance Declaration Form A2 comes in. Whether you’re … Read more
To start an export business in India, you need to have two basic registrations first of all. The first one is IEC Registration or Import-Export Code Registration. The second one is AD Code Registration. You can know more about export business starting process at: How to Start Export Business in India and if you have … Read more
There are two most important licenses or registrations required for Import and Export in India. The first is a Directorate General of Foreign Trade-issued Import Export Code (IEC) Registration for your company (DGFT). The second is a valid Authorized Dealer (AD) Code Registration, which is required for customs clearance. In order to clear export customs … Read more
Whether you are an importer or an exporter, you are required to obtain an Import Export Code (IEC) before transporting your goods. In addition to the IEC code, four other key documents are required for customs clearance: the shipping bill, the bill of lading, the export general manifest, and the AD code. This article will … Read more
Good news for importers as there is the latest update for importing watermelon seeds. As per the latest updates, DGFT has launched a new notification for importing watermelon seeds. This article discusses the recent updates about DGFT grants unrestricted import status for watermelon seeds. What is “Free” or “Unrestricted” status in Import? The DGFT does … Read more
At present, most of the businesses have gone international. Ports are an important part of Infrastructure that help in the successful import and export of Goods. Also, Ports help in military activities along with commercial ones. Thus, knowing ports in India is beneficial in multiple ways. In this article, we will know about Major Import … Read more