Customs - Registration and Updating of AD (Authorised Dealer) Code in EDI 1.5
THE Authorised Dealer Code of the Banks is creating a big problem in Customs Houses. The Registration of AD Code (Authorised Dealer Code) in EDI1.5 System for the purpose of foreign currency remittance in the Exporter's bank account is done by EDI Section.
Problems: It is noted that:
1. The CHAs/Exporters are giving wrong AD Code of their Bank branch as there is mismatch in the address of the bank issuing letter in favor of the Exporter and that appearing in the system.
2. The AD Code of bank branch is not reflected in ICES System even though the said AD Code is certified by the Bank branch. In some cases, the AD Code given by the Bank branch does not match with that provided by RBI to Customs.
3. Some of the Branches of the Banks do not provide their own branch AD Code even though it was issued to them by RBI and is active. Instead, they provide the AD Code of some other branch.
The JN Customs wants the exporters/CH Brokers to rectify these issues.