Integration of ECCS with RBI systems will transmit courier bill data via ICEGATE to support online forex compliance. Courier Bills of Entry and Courier Shipping Bills will be transmitted from ECCS to RBI's IDPMS/EDPMS via ICEGATE to support online compliance with foreign exchange rules; AD code is essential for RBI remittance monitoring, online registration is available on ICEGATE, exporters and importers are advised to register AD codes, and in the initial phased launch AD code declaration is optional and ECCS processing will not be stopped for unregistered AD codes, with validation to follow after trade readiness is confirmed.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Integration of ECCS with RBI systems will transmit courier bill data via ICEGATE to support online forex compliance.
Courier Bills of Entry and Courier Shipping Bills will be transmitted from ECCS to RBI's IDPMS/EDPMS via ICEGATE to support online compliance with foreign exchange rules; AD code is essential for RBI remittance monitoring, online registration is available on ICEGATE, exporters and importers are advised to register AD codes, and in the initial phased launch AD code declaration is optional and ECCS processing will not be stopped for unregistered AD codes, with validation to follow after trade readiness is confirmed.
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