information about Ad Code Registration ?
An AD Code, known as an Authorized Dealer Code, acts like an ID for businesses and individuals in global trade. It's a 14-digit number used mainly for customs clearance when goods cross borders. This code ensures that the money for these transactions is legal. Banks provide this code on official paper, following rules set by the Directorate General of Foreign Trade (DGFT).
Here's a key point: If you're sending goods from a port, it's a must to register your AD Code there. Without it, you can't get the number required for smooth customs clearance and exporting goods. This number is vital for exporting.