RCMC Regitarion
Required Documents
Benefits of RCMC
Registration-Cum-Membership Certificate (RCMC) is required for exporters and importers to avail various benefits under the Foreign Trade Policy.
It is issued by the relevant Export Promotion Council (EPC) or commodity board depending on the type of products or services.
RCMC is often required to access benefits under various schemes like Duty Drawback, Export Promotion Capital Goods Scheme, and others.
FAQ
RCMC is Registration Cum Membership Certificate. It is a certification issued to exporters and importers by Export Promotion Councils (EPCs) or Commodity Boards, confirming their registration and membership for the purpose of availing various benefits under government schemes.
Avail of export benefits and incentives offered by the government. - Ensure compliance with regulations and guidelines related to exports and imports. - Obtain various clearances and certifications needed for international trade.
Exporters and Importers
Commonly required documents include: - - Copy of the business registration certificate. - PAN card of the business. - GST registration certificate. - Proof of export (if already exporting). - Address proof and identity proof of the authorized signatory. - Bank details.
The processing time for RCMC can vary depending on the EPC or Commodity Board and the completeness of your application. Typically, it may take a few weeks to a months.
Yes, there might be a fee associated with obtaining an RCMC. The fee amount and payment details are specified by the respective EPC or Commodity Board.
An RCMC is generally valid for one upto five years. Depends on the subscription model selected. After this period, it must be renewed to continue availing of export benefits and incentives.
You should apply for renewal before the expiry date. The renewal process is similar to the initial application process and may require updated documents.
You should inform the relevant EPC or Commodity Board about any changes in business details such as address, contact information, or ownership. You may need to update your RCMC details accordingly.
