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Overview

RCMC (Registration-Cum-Membership Certificate) Registration

The Registration-Cum-Membership Certificate (RCMC) is a certificate issued by Export Promotion Councils (EPCs) or other designated authorities in India, making it mandatory for exporters to obtain this certification for availing benefits under the Foreign Trade Policy (FTP). The RCMC establishes an exporter’s credibility and affiliation with the appropriate Export Promotion Council and is crucial for availing export incentives, duty drawbacks, and participating in trade fairs.

The RCMC is valid for five years and is issued by the Export Promotion Council relevant to the exporter’s industry. For example, an exporter of engineering goods would obtain an RCMC from the Engineering Export Promotion Council of India (EEPC).

Why RCMC Registration is Important

  1. Eligibility for Export Benefits:RCMC registration is mandatory for exporters to access benefits under the Foreign Trade Policy, including duty drawbacks and subsidies.
  2. Industry-Specific Support:RCMC links exporters to industry-specific councils that provide support and trade assistance.
  3. Participation in Trade Fairs: Enables exporters to join international trade fairs and exhibitions organized by EPCs.
  4. Access to Market Intelligence:Provides market data, industry trends, and guidance through the Export Promotion Council.
  5. Recognition as an Exporter:Adds credibility and provides official recognition to exporters by affiliating them with a council.

Applicability

RCMC registration is mandatory for:

  1. Exporters of Goods:Manufacturers, traders, and merchants exporting physical goods.
  2. Exporters of Services:Service exporters dealing in industries like tourism, healthcare, and software.
The RCMC must be obtained from the relevant Export Promotion Council (EPC) or Commodity Board based on the product category.

Compliance Requirements

  1. Annual Filing and Membership Renewal:Maintain annual membership with the Export Promotion Council and update export details regularly.
  2. Adhere to EPC Guidelines:Follow export promotion guidelines and trade practices as directed by the EPC.
  3. Participate in EPC Events:RCMC holders are encouraged to participate in industry seminars, trade fairs, and workshops.


Documents Required

Company PAN Card
 Partnership Deed (for partnerships).
GST Registration Certificate.
Digital Signature Certificate


Features

Validity of Five Years
RCMC is valid for five years from the date of issue, simplifying long-term compliance.
Eligibility for Duty Drawbacks
Enables exporters to claim duty drawbacks and other financial incentives.
Market Access and Trade Assistance
Provides market entry support, trade missions, and participation in international fairs.
Sector-Specific Representation
Export Promotion Councils provide industry-specific guidance and resolve trade issues.
Government Advocacy
Pay the RCMC registration and membership fees as specified by the Export Promotion Council. The fees vary depending on the council and product category.

RCMC Registration

Trade Data and Market Intelligence
Access to up-to-date trade data and reports on emerging market trends.
Networking Opportunities
Offers exporters opportunities to network with other industry players, buyers, and officials.
Product and Service Specialization
EPCs specialize in specific product or service groups, enabling tailored assistance.
Legal Support
EPCs provide assistance with legal issues related to exports, ensuring smoother trade operations.
Recognition and Credibility
Adds to the exporter’s reputation and establishes legitimacy in the international market.

Comparison of RCMC vs. IEC Registration

Feature RCMC Import Export Code (IEC)
Purpose Provides membership with EPC Mandatory ID for export/import
Issuing Authority Export Promotion Council Directorate General of Foreign Trade (DGFT)
Industry-Specific Yes, product/service-based No, general for all exporters
Validity 5 years Lifetime
Eligibility for Export Benefits Yes Required as a prerequisite
Inspection Requirement Yes, periodic inspections Sometimes, based on local laws
Access to Trade Fairs Yes, through EPC No
Market Intelligence Yes, via EPC updates No
Annual Renewal No, but annual membership required Not required
Sector-Specific Support Yes, industry-specific No
Legal Advisory Yes, EPC provides assistance No

Frequently Asked Questions

Is RCMC mandatory for all exporters?

Yes, RCMC is mandatory for exporters who wish to access benefits under the Foreign Trade Policy, such as duty drawbacks, subsidies, and participation in trade fairs.

Can I obtain an RCMC if I don’t have an IEC?

No, an Import Export Code (IEC) is a prerequisite for obtaining an RCMC.

Which Export Promotion Council should I register with?

You should register with the Export Promotion Council that aligns with the primary product or service you export. Each council specializes in specific sectors.

Is RCMC valid for service exporters as well?

Yes, service exporters are eligible for RCMC, provided they register with the appropriate council for services, like SEPC (Services Export Promotion Council).

How long is the RCMC valid?

The RCMC is valid for five years from the date of issuance. After five years, you must renew the certificate.

What happens if I change the product category of my exports?

If you shift to exporting a different product category, you may need to register with the relevant EPC or apply for a modification in your existing RCMC.

Is there any fee for RCMC registration?

Yes, there is a membership fee for RCMC registration, which varies by council and may involve an annual membership renewal.