RCMC Registration
In India, Legal Darbar is providing the best RCMC Registration service and the Export Promotion Councils (EPCs) and other approved organizations issued, Businesses that export must have an RCMC in order to receive benefits under the Foreign Trade Policy (FTP). The certificate is valid for five years and acts as evidence of registration with a certain export promotion organization.
Exporters must apply to the appropriate Commodity Board or EPC based on the goods they export in order to receive an RCMC. Access to government programs, incentives, and support for market development is made possible by registration. Additionally, it increases credibility with foreign purchasers.
To attend trade shows, claim tariff deductions, and take advantage of other export promotion initiatives, exporters must be registered with the RCMC. legaldarbar.com
In India, Export Promotion Councils (EPCs) or Commodity Boards offer certificates known as RCMC (Registration-cum-Membership Certificates). Exporters must comply with the Foreign Trade Policy (FTP) in order to obtain export incentives.
Validity of the RCMC:
The RCMC is valid for five years, beginning on April 1st of the license year in which it is issued and ending on March 31st of the fifth year.
Example: If issued on July 15, 2024, it will be good until March 31, 2029.
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legaldarbar.com Types of RCMC Registration:
1. Product-Specific RCMC:
- Issued by EPCs for specific products, e.g: APEDA (Agricultural and Processed Food Products Export Development Authority) for food products.
- Textile Committee for textile products.
- Pharmaceutical Export Promotion Council (Pharmexcil) for pharma products.
2. Multi-Product RCMC:
- Issued by Federation of Indian Export Organisations (FIEO) for multiple product category exporters.
3. Service Export RCMC:
- For service exporters, issued by the Services Export Promotion Council (SEPC).
4. Commodity-Specific RCMC:
- For exporters of specific commodities like: Spices Board for export of spices.
Tea Board, Coffee Board, or Rubber Board for respective product.
Benefits of RCMC Registration legal darbar providing:
1. Export Authorization: Allows exporters to get numerous perks and concessions under the Foreign Trade Policy (FTP).
2. Access to Export Promotion Schemes: Eligible for schemes such as MEIS (Merchandise Exports from India Scheme) and RoDTEP (Remission of Duties and Taxes on Exported Products).
3. Market Insights: Get trade information, industry insights, and market trends from the council.
Opportunity to participate in worldwide trade fairs, exhibitions, and buyer-seller meetings.
4. Government Support: Facilitates access to government subsidies, financial aid, and incentives.
The purpose of RCMC registration is:
1. Export authorization: It enables exporters to trade particular products worldwide.
2. Access to Benefits: Allows exporters to access incentives, duty drawbacks, and concessions under FTP.
3. Recognition by Authorities: Acts as proof of membership in an EPC, which is required for export compliance.
4. Market Promotion: Offers exporters access to trade fairs, promotional events, and market research services.
5. Policy Updates: Provides exporters with updates on trade policies and industry trends. legaldarbar.com
Documents Required for RCMC Reg. :
1. Application Form: Completed and signed by the authorized signatory.
2. PAN Card: A copy of the applicant’s PAN card.
3. GST Registration: The Certificate is proof of GST registration.
3. Import Export Code (IEC): A copy of the IEC issued by the Directorate General for Foreign Trade (DGFT).
4. Company Incorporation Certificate: This certificate is for corporations.
5. For sole proprietorships: provide proof of business registration.
6. Bank Certificate: A bank statement or canceled check with the company’s name.
7. Self-Declaration Form: This form states that the applicant has not been blacklisted by any EPC or government authority.
8. Board Resolution/Authorization Letter: Used when an authorized signatory is applying.
9. Product Details: A description of the products being exported (to identify the appropriate EPC).
10. Partnership Deed, Memorandum of Agreement, and Articles of Association: For partnerships or businesses.
Procedure for RCMC registration:
1. Identify the right EPC: Depends on the product or service category.
2. Submit your application: Online via the DGFT portal or the relevant EPC website.
3. Document Verification: The EPC verifies the submitted documentation.
4. Issue of RCMC: After successful verification, the RCMC is issued. legaldarbar.com
FAQs for RCMC Registration?
Exporters, manufacturers, and service providers in foreign commerce can apply for an RCMC to profit from India’s Foreign commerce Policy.
To register with RCMC, you must submit an application form, PAN, GST, IEC, bank certificate, incorporation evidence, product data, and an authorization letter to the relevant Export Promotion Council.
RCMC is valid for a period of 5 years from the date of issue, beginning on April 1st of the license year in which it was issued.
RCMC registration normally takes 5 to 10 working days after the application is submitted, assuming all paperwork are correct and verified by the local EPC.
Yes, exporters can export without an RCMC, but they will not be eligible for FTP benefits such as subsidies or duty reductions.
Find export buyers using B2B platforms, trade shows, export promotion councils, LinkedIn, company directories, government websites, and digital marketing tactics.
The RCMC is an exporter certificate, whereas the EPC (Export Promotion Council) is the issuing authority responsible for promoting exports and providing export-related support and benefits.
Legal Darbar assists with RCMC registration by processing papers, assuring compliance, validating eligibility, and supporting a smooth registration with experienced legal and trade consultant support.