Registration-Cum-Membership Certificate (RCMC)
Registration-Cum-Membership Certificate (RCMC) is a certificate that validates an exporter dealing with products registered with an agency/ organization that are authorised by the Indian Government. The certificate is issued for five years by the Export Promotional Councils or commodity board in India. An exporter desiring to obtain an RCMC has to declare his mainstream business in the application. This application would be submitted to the Export Promotion Council/ Commodity Board relating to that line of business.
An exporter using an application specified in an ANF 2C register can become a member of Export Promotion Council(EPC). The applicant is granted with the Registration-cum-Membership-Certificate (RCMC) of EPC in the format that is given in Appendix 2R. To register as a manufacturer or Service exporter, the applicant has to furnish evidence for the same. Prospective/ potential exporters on the application can register and become an associate member of an Export Promotion Council(EPC).
Registration-Cum-Membership Certificate (RCMC) is a certificate that is issued to exporters by the government of India. The RCMC serves as proof that the exporter is registered with a particular export promotion council or commodity board, and is authorized to export specific products or services. Here's a detailed information about RCMC:
Eligibility:
Any Indian exporter, manufacturer, merchant, or trader who is engaged in the export of goods or services is eligible to apply for RCMC.
The exporter should be registered with an export promotion council or commodity board recognized by the Government of India.
Benefit:
RCMC serves as proof of the exporter's registration with an export promotion council or commodity board.
RCMC is mandatory for availing various export-related benefits provided by the government of India.
RCMC helps in availing various export promotion schemes and incentives, such as duty drawback, MEIS, etc.
Application Process:
The exporter needs to apply for RCMC in the prescribed format to the concerned export promotion council or commodity board.
The application should be accompanied by the required documents, such as IEC, bank certificate, PAN card, etc.
The export promotion council or commodity board will scrutinize the application and issue the RCMC if found eligible.
Validity and Renewal:
The RCMC is valid for a period of 5 years from the date of issue.
The exporter needs to apply for renewal of RCMC at least 6 months before the expiry of the certificate.
The export promotion council or commodity board will scrutinize the renewal application and issue the renewed RCMC if found eligible.
Benefits of RCMC:
RCMC helps in availing various export promotion schemes and incentives, such as duty drawback, MEIS, etc.
RCMC helps in establishing the credibility of the exporter in the international market.
RCMC is mandatory for participating in trade fairs and exhibitions organized by the government of India.
In conclusion, RCMC is a certificate that is issued to exporters by the government of India to establish their registration with an export promotion council or commodity board. The certificate is valid for a period of 5 years and is necessary to avail various export-related benefits provided by the government of India. Exporters should ensure timely application and renewal of RCMC to avail its benefits.
Benefits of RCMC
An individual, Firm or Body-corporate applying for the following purposes can apply for this certificate.
An authorization to import/ export on restricted items
To seek benefits or concession under Foreign Trade Policy (FTP) like MEIS, SEIS, duty drawback, Authority of Advance Ruling, EPCG etc.
Certificate of Registration as an Exporter of Spices (CRES) that is issued by the Spices Board will be considered as RCMC and no other RCMC will be applied with any other Export Promotional Councils (EPC).