AD CODE IN BL

[Mukhrit Verma]

"A" has purchased goods on High sea basis from seller "B".In BE the AD code has been mentioned of A whereas remittance in foreign currency was made by B to overseas.

The B is insisting for rectification and AD code to be mentioned of B.

Your opinion is desired.

AI Summary

AD code allocation: AD code should follow the remitting original shipper; customs rectification remedy available.
The AD code is compulsory for import-export and identifies the bank that effected remittance; where the seller is the original shipper and remitted foreign exchange in a high-seas sale, the bill of entry should name the original shipper and record that shipper's AD code. If the purchaser's AD code was mistakenly entered, the error may be corrected through the customs rectification mechanism by the jurisdictional customs office so the entry reflects the remitting party.