What is RCMC Registration?
The Registration Cum Membership Certificate (RCMC) is granted by the Export Promotional Councils or Commodity Boards of India for a period of 5 years. It serves as evidence that the exporter in question has been registered with the respective council.
FOR WHOM RCMC IS MANDATORY
Any person applying for:
• An authorization to import/export restricted items or
• Any person applying for any benefit or concession under Foreign Trade Policy (FTP) like duty drawback, duty credit scrips etc.
Certificate of Registration as an Exporter of Spices (CRES) issued by Spices Board shall be treated as RCMC and no other RCMC is to be applied with any other Export Promotional Councils (EPC).
Kinds of Importers/ Exporters Covered
• Manufacturing Exporter/Importer (the applicant has to provide evidence as to Manufacturing Facility)
• Merchant Exporter/Importer
• Service Provider
Rietway Consultants RCMC Package
The Services which are included in our package are as Follows:
✅ Consultation
✅ Preparation of Documents
✅ Application Filing
✅ RCMC Certificate
Documents Required for RCMC Registration
- Evidence of business registration
- Know Your Customer (KYC) documentation for proprietor, partners, or directors
- Self-certified Import Export Code (IEC) certificate
- Self-certified Goods and Services Tax (GST) number
- Memorandum of Association (MOA) and Articles of Association (AOA) for the company
- Cancelled cheque for bank account verification
- Micro, Small and Medium Enterprises (MSME) certificate
- Valid email address and phone number
- Recent electricity bill as proof of address
Benefits Obtained under Foreign Trade Policy
By obtaining RCMC, the exporter/importer will get concessions and schemes under the Foreign Trade Policy of the Country. Some of them are:
• Advance Authorization Scheme
• Advance Authorization for annual requirement Scheme
• Duty-Free Import Authorization (DFIA) Scheme
• Duty Drawback of Customs/Central Excise Duties/Service Tax
• Rebate of Service tax through all industry rates
• Zero duty EPCG scheme
RCMC Procedure
Step -1 Arrange all Required Documents: The first step is to arrange all the documents and send the same over the email / WhatsApp to us. Once all the Documents are Received, we will Start the Further Process.
Step – 2: Preparation of Documents: The Next Step is Preparation of Documents to be Submitted at Department.
Step – 3 : Filling Of Application For Rcmc : The next Step is Filling Of Application for RCMC.
Step – 4: After approval of the application Department Issues RCMC Certificate.
UNDER WHICH EXPORT PROMOTIONAL COUNCIL (EPC) WE HAVE TO REGISTER?
There are 26 Export promotion councils and 9 commodities board in India. Export Promotional Councils (EPC) and Commodities board in India are the authorities for issuing the RCMC. These institutions have been authorised by Central Government to issue RCMC to the particular exporter.
Each of the Export promotion Councils and commodities board in India categories itself according to the type of products. Further, in case the product line of exporter does not fall under the category, then he might apply for RCMC from FIEO.
Validity of RCMC
RCMC is valid from 1st April of the licensing year when it is issued and is valid for one to five as the case you choose for years that ends on 31st March of the licensing year.
PENALTY FOR VIOLATION
The Export Promotional Council may de-register the exporter for a specified period for violation of conditions of registration.
COMPLIANCE UNDER RCMC
Every exporter shall furnish quarterly return/details of his exports of different commodities to concerned registering authority.
In case exporter is registered with FIEO, then he shall also send quarterly returns to FIEO in the specified format.
INTIMATION OF CHANGE IN CONSTITUTION OF BUSINESS OF RCMC HOLDER
In case there is the change in ownership, constitution, name or address of any exporter, the exporter shall intimate that change to the concerned registering authority within one month of the change.
FAQ on RCMC
Can I carry out Export of the restricted items without obtaining RCMC?
As per the Guidelines issued by DGFT, it is mandatory for all exporters to obtain RCMC if they are involved in the export/import of restricted items.
Are Authorities issuing RCMC the same for all products?
No. Each product has its own Authority in the name of Export Promotion Council or Commodity Boards or Export Development Authority.
What category of Exporters have to obtain RCMC?
Merchant Exporters, Manufacturing Exporters and Service Exporters. Manufacturing Exporters have to produce evidence as to their manufacturing facility.
Is the validity same for all RCMCs?
No. RCMC issued by each Authority varies according to the rules of the Authority. For example, RCMC issued by AEPC has to be renewed every year while RCMC issued by the Authority.
Whether IE code is mandatory for getting RCMC?
Yes. The Import-Export Code is mandatory for obtaining RCMC from all authorities. RCMC issued against the IE Code of the Proprietor.