WHAT IS AD CODE AND PORT REGISTRATION

  Рет қаралды 3,774

Kalp Shah GST Classes

Kalp Shah GST Classes

Күн бұрын

Пікірлер: 22
@vinaymenon1783
@vinaymenon1783 23 күн бұрын
Sir ,is it possible/ allowed to register Multiple AD code with customs. Also is it necessary that Drawback account and ad code account should be with same bank?
@emperorcorp8425
@emperorcorp8425 11 ай бұрын
ifsc registerd krwa special process karwi pade k ad code registration wakhte thai jay?
@vijethegde5618
@vijethegde5618 5 ай бұрын
sir is Port Registration or ad code registration mandatory to receive inward remittance like advance payment? thank you 🙏
@anilkaushik47
@anilkaushik47 6 ай бұрын
How to get AD code port list? Please advise.
@plzcomebck
@plzcomebck 2 ай бұрын
suppose i registered adcode to air cargo location INBOM4 and now i want to ship via sea port INNSA1 Then again i need to registered adcode to sea port ? I added INNSA1 in my custom location
@KalpShahGSTClasses
@KalpShahGSTClasses 2 ай бұрын
Ad code registration is for taking payment from buyers i.e. foreign remittance. we can have multiple ad codes. like for some countries some banks dont work, in that case you can take buyer's payment from different bank. For example, in Netherland, hdfc dont work then you can take payment from Netherland, in Union bank. FOR GETTING GST REFUND WITH PAYMENT OF IGST AND DUTY DRAWBACK, IFSC CODE HAS TO BE REGISTERED SEPARATELY AT EACH PORT from where you want to export the goods. For example, if you want to export goods from Nhava sheva , Kandla and Mundra then your ifsc code should be separately registered at Nhava sheva , Kandla and Mundra respectively. If only Ad code is registered but IFSc code is not registered then you can file a shipping bill without duty drawback benefit and IGST refund benefit (export with payment of IGST). That means you need to file a free shipping bill. YOU AT ANY ONE PORT, ONLY ONE IFSC CODE CAN EXIST. AD CODE - TO BE REGISTERED AT ANY ONE PORT. That port would be called Parent site for you. If ad code is registered at any one port, it will automatically be reflected at all ports of India - be it all sea ports, all airports, all ICDs and all land customs stations. . Say for example, if you want to export goods from Delhi airport, mumbai airport and mumbai nhava Sheva sea port, your ad code has to be registered with any one of three ports. But unfortunately, And IFSC code has to be registered at all the three ports separately namely from Delhi airport, Mumbai airport and mumbai nhava Sheva sea port separately. IFSC CODE HAS TO BE REGISTERED AT EACH PORT separately. IFSC CODE HAS TO BE REGISTERED SEPARATELY AT EACH PORT FROM WHERE U WANT TO EXPORT WITH DUTY DRAWBACK CLAIM AND OR EXPORT WITH PAYMENT OF IGST (WHERE ANY MONEY IS REFUNDED BY CUSTOMS DEPARTMENT). Means for those ports for which IFSC code is not registered, you can file SHIPPING bill without duty drawback claim OR with IGST PAID REFUND CLAIM. IF YOU WANT TO CLAIM DUTY DRAWBACK AND OR GST REFUND OF IGST PAID ON EXPORTS (EXPORT WITH PAYMENT OF IGST) YOUR IFSC CODE MUST BE REGISTERED AT THAT PORT FROM WHICH YOU WANT TO EXPORT. IF YOU WANT TO CLAIM DUTY DRAWBACK AND OR GST REFUND OF IGST PAID ON EXPORTS (EXPORT WITH PAYMENT OF IGST) YOUR IFSC CODE MUST BE REGISTERED AT THAT PORT FROM WHICHH YOU WANT TO EXPORT. ANY MONEY TO BE TAKEN BACK FROM CUSTOMS - NEEDS IFSC CODE REGISTRATION AT THAT PORT. The money given by government to exporter in the form of drawback or GST refund indicates a transaction in which both the parties sender and receiver are Indian. So the transaction is happening in India. So IFSC code is needed as we need it for transferring money to any Indian account. U CAN REGISTER AD CODE AT ANY 1 PORT AND AD CODE WILL BE ATUMOTICALLY BE REFLECTED IN ALL OTHER PORTS IN INDIA. BUT IFSC CODE YOU HAVE TO REGISTER AT EACH PORT SEPARATELY. In the same one shipping bill, we can take payment from buyer in one bank and for the same shipping bill we can take payment from government ( in the form of duty drawback and gst refund with of payment of IGST) in different bank account. We just need to inform this to CHA while filing the Shipping bill. And moreover, for claiming duty drawback and gst refund your IFSC code (export promotion incentive) must be registered at the port from where you are exporting. But for taking payment from buyer even if your ad code is registered at ANY ONE PORT OF INDIA, ITS OK. THIS IS BECAUSE AD CODE IS CENTRALISED MEANS EVEN IF YOU REGISTER AD CODE AT ANY ONE PORT IN INDIA IT WILL BE AUTOMATICALLY REFLECTED AT ALL OTHER PORTS IN INDIA. FOR TAKING DUTY DRAWBACK AND GST REFUND YOUR IFSC CODE SHOULD BE SEPARATELY REGISTERED AT ALL PORTS FROM WHERE YOU WILL EXPORt. Means ad code at any one port. IFSC at all given ports from you want to export. At any one port only one IFSC can exist. AD CODE - TO BE REGISTERED AT ANY ONE PORT. That port would be called Parent side for you. If ad code is registered at any one port, it will automatically be reflected at all ports. EVEN IF YOU TRY TO APPLY AD CODE AT ANY OTHER ADDITIONAL PORT IT WILL GET “SYSTEM REJECTE” BECAUSE IT HAS TO BE REGISTERED *AT ANY ONE PORT ONLY. IMPORTS: FOR IMORT ONLY AD CODE REGISTRATION IS NEEDED. IFSC CODE REGISTRATION IS NOT NEEDED FOR IMPORT. THIS IS BECAUSE IN IMPORT GOVERNMENT DOES NOT PAY ANYTHING IN THE NAME OF DUTY DRAWBACK AND OR GST REFUND OF EXPORT WITH PAYMENT OF IGST. RATHER, IN IMPORT GOVERNMENT TAKES IMPORT DUTY FROM YOU. FOR TAKING ANYTHING FROM YOU IFSC CODE IS NOT NEEDED. BUT FOR GIVING YOU GST REFUND AND OR DITY DRAWBACK YOUR IFSC CODE HAS TO BE REGISTERED AT EACH PORT FROM WHERE YOU WANT TO EXPORT THE GOODS. RECENTLY, FOR IMPORT ICEGATE REGISTRATION WITH DIGITAL SIGNATURE HAVE BEEN MADE MUST. THIS MEANS YOU MUST REGISTER ON ICEGATE WITH DIGITAL SIGNATURE TO PAY IMPORT DUTY. Ad code is for receiving money from foreign buyer or sending money seller. Ifsc is for receiving money from government in the name of GST refund and Duty drawback.
@indranathbera8448
@indranathbera8448 10 ай бұрын
Bank dtls not showing this profile at the time of IFSC code adding,Please resolve the issue
@ShahnwazKhan-iz2pp
@ShahnwazKhan-iz2pp 5 ай бұрын
Sir status at coutoum me rejected araha hai
@bhavik6151
@bhavik6151 9 ай бұрын
Bombay air cargo k liye bank certificate ka format or circular chahiye sir
@PrafullKatole
@PrafullKatole 11 ай бұрын
Good information sir ji
@anshulgupta3735
@anshulgupta3735 9 ай бұрын
Is AD code different from port registration for first time exporter?
@KalpShahGSTClasses
@KalpShahGSTClasses 9 ай бұрын
Yes it's different from first time exporter KYC. and that's why India is behind in ease of doing business ranking.
@anshulgupta3735
@anshulgupta3735 9 ай бұрын
@@KalpShahGSTClasses thank you so much for reply. Please send me your contact number.
@mataafkarte6162
@mataafkarte6162 10 ай бұрын
Kitne din me AD CODE register hota hai & IFSC code ka dalna hota hai Ad code time ke uske baad ?
@KalpShahGSTClasses
@KalpShahGSTClasses 10 ай бұрын
icegate registrtion 2-4 days and port registratin 2-5 days total 9-10 days
@indranathbera8448
@indranathbera8448 10 ай бұрын
Bank dtls not showing this profile at the time of IFSC code adding,Please resolve the issue Bank dtls not showing this profile at the time of IFSC code adding,Please resolve the issue
@KalpShahGSTClasses
@KalpShahGSTClasses 10 ай бұрын
Add location in profile. Go to my profile : role details: importer exporter: customs locations : add locations
@indranathbera8448
@indranathbera8448 10 ай бұрын
@@KalpShahGSTClasses Sir Bank dtls not showing in my profile at time of add Bank IFSC code
@delllappy3834
@delllappy3834 7 ай бұрын
sir pehle video me apka bha tha kya? 😶
@KalpShahGSTClasses
@KalpShahGSTClasses 7 ай бұрын
bhai thaa ? yes prithvi bhai - he is king of gst
@Aadityamehta678
@Aadityamehta678 5 ай бұрын
Hi
@zubinwebb-rk6ek
@zubinwebb-rk6ek 9 ай бұрын
Thank you
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