Registration of AD code with custom more than on ebank

[Ashok Chopra]

Dear Forum,

I am exporter availing drawback facility, being credited in my bank account. with X bank.

I want to route export documents through another  bank (Y bank) , whose AD code is not registered.

My quieries:

1. Can i get AD code registered more than one bank?, if yes, please provide procedure and any guideline to satisfy my management, if no, how can i satisfy my bank

2. Can i  my draw bank credited in X bank, but on shipping bill AD code must be mentioned of Y bank?  If yes, please provide procedure and guideline to satisfy my management

Thanks and regard

[Rakesh Gupta]

Yes, you are within your rights to register more than one bank. The procedure is straightforward-get the AD code letter from the concerned bank and submit to the customs port you will be using for export.Query 2:You need to submit the export documents to the bank whose AD code is mentioned on the Shipping bill. Rakesh Gupta.

AI Summary

AD code registration permits multiple banks; register an additional bank by submitting its AD code letter to the customs port. An exporter may register multiple banks by procuring each bank's AD code letter and submitting it to the customs port to record the additional AD code. The bank whose AD code appears on the shipping bill must be the bank that receives the export documents; shipping documents must be routed to the AD bank shown on the shipping bill, ensuring the shipping bill's AD entry matches the bank handling the export paperwork.