Exporters are presently required to register their Authorised Dealer (AD) Code and Bank Account(s) for purposes of remittances and availing export benefits respectively at every Customs station. Even though it is an one-time procedure, it requires physical interaction between the Customs and the trade and submission of physical documents by the latter. Being a manual process, it causes delays impacting exports besides requiring the exporters or their representatives to personally visit the Customs Houses. Same is the case for the process of updation of Bank Account details. On review, this procedure has been done away with.
Fresh registration of AD Code with Bank Account for the purpose of foreign remittance and IFSC with Bank Account for the purpose of IGST refund /Drawback
(i) Bank authorization letter in format attached as Annexure-A
(ii) Copy of IEC
(iii) Copy of GST registration Certificate
(iv) Copy of PAN Card of the Company/Partnership Entity
(v) Copy of PAN Card of Authorized Signatory (Director/Partner/Proprietor) in Bank Account
(vi) Copy of cancelled Cheque
Modify/Change in registered IFSC with Bank Account for the purpose of IGST refund/Drawback. (i) The documents as enlisted at 2.1 (i) to (vi).
(ii) NOC from bank, whose bank account registered in ICES, which is required to be changed
FOR REGISTRATION PROCESS & CONSULTATION
CONTACT @ 09891065895 or www.ieccode.in
