RCMC Registration

Read Time:7 Minute, 2 Second

The RCMC (Registration Cum Membership Certificate) is an authorization document for importing or exporting restricted products according to the Foreign Trade Policy (FTP). Typically, the Export Promotion Councils (EPCs), Commodity Boards, and Export Development Authorities established by the Director General of Foreign Trade (DGFT) for each restricted product issue this certificate.

Moreover, it functions as proof of membership or registration of an exporter with a specific EPC, commodity board, or export development authority. The RCMC is essential to benefit from concessions provided under the FTP for importing or exporting restricted goods.

IndiaFilings, as a professional service provider, can assist businesses in obtaining RCMC registration online quickly and efficiently. We have years of experience handling RCMC registration process and can provide end-to-end support to our clients.

What is RCMC Certificate?

Importers and Exporters must be aware of what is RCMC certificate. RCMC full form stands for  Registration-Cum-Membership Certificate. The RCMC certificate validates an exporter dealing with products registered with an agency or organization authorized by the Indian Government. This certificate of RCMC meaning indicates that the exporter is registered with the authorized agency or organization.

Why RCMC Registration?

The RCMC registration process online serves several purposes.

  • Firstly, it authorizes importing or exporting products that fall under the restricted category per the Foreign Trade Policy (FTP).
  • Secondly, it is evidence of membership or registration of an exporter with a specific EPC, commodity board, or export development authority.
  • Thirdly, it is required to take advantage of concessions provided under the FTP for the import/export of restricted goods.

Eligibility for RCMC Registration Online

Exporter or Merchandiser (Merchant)

Before applying for RCMC registration, the exporter or merchandiser must confirm that their business deals with imports and exports. This is one of the key requirements for starting a manufacturing company in India. Additionally, the exporter must prove they have applied for an Import Export Code (IEC) from the authorized authority. The DGFT (Director General of Foreign Trade) regulates the IEC.

Business Main Line Declaration

In the Business Main Line Declaration, the exporter or merchant must specify their primary business line. For instance, if their main business is dealing with coffee and tea products, they need to consult the Tea and Coffee Promotion Board. In case there is no export promotion board or regulatory agency for the commodities dealt with by the exporter, this needs to be mentioned as well.

Consent from the Board of the FIEO

The applicant must obtain the necessary board permission or clearance from FIEO. If no specialized board is available for a specific product, the applicant needs to apply for approval to FIEO. In addition, obtaining FIEO authorization is also required for RCMC registration online.

Benefits of Registration-Cum-Membership Certificate (RCMC)

Obtaining a Registration Cum Membership Certificate (RCMC) offers several benefits to exporters. Some of these benefits include:

  • Access to export promotion schemes and benefits – RCMC is a mandatory requirement for availing export promotion schemes and benefits such as Duty Drawback, Merchandise Export from India Scheme (MEIS), and Market Access Initiative (MAI).
  • Facilitation in import and export – RCMC makes it easier for exporters to import or export restricted goods as the certificate validates the exporter’s authenticity and products’ authenticity.
  • Easier customs clearance – RCMC reduces the time and effort required for customs clearance as it proves the exporter’s membership with a recognized authority and their compliance with government regulations.
  • Enhances credibility – RCMC enhances the credibility of the exporter as it is a testament to their compliance with government regulations and standards.
  • Access to market information – RCMC enables exporters to stay updated with the latest market information and developments through export promotion activities and programs organized by Export Promotion Councils and Commodity Boards.

RCMC Registering Authorities

The Registering Authorities responsible for issuing the RCMC Certificate are empowered by the DGFT. These authorities include the Export Promotion Councils, Commodity Boards, and Export Development Authority.

Their primary function is to promote and develop the Indian export industry, and each authority is responsible for promoting a particular group of products.

The DGFT currently authorizes 35 organizations to issue the RCMC certificate, including 27 Export Promotion Councils, 6 Commodity Boards, and 2 Development Authorities, which work towards promoting the import/export of restricted items.

Export promotion councils

These authorities are categorized based on the type of products they deal with. Each of India’s Export Promotion Councils and commodities boards categorizes itself according to the Type of products.

List of Export Promotion Councils, Commodity Boards, and Development Authorities in India:

Export Promotion Councils:

  • Agricultural and Processed Food Products Export Development Authority (APEDA)
  • Apparel Export Promotion Council (AEPC)
  • Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council (CHEMEXCIL)
  • Carpet Export Promotion Council (CEPC)
  • Chemicals and Allied Products Export Promotion Council (CAPEXIL)
  • Council for Leather Exports (CLE)
  • Electronics and Computer Software Export Promotion Council (ESC)
  • Engineering Export Promotion Council (EEPC)
  • Federation of Indian Export Organisations (FIEO)
  • Gems and Jewellery Export Promotion Council (GJEPC)
  • Handloom Export Promotion Council (HEPC)
  • Handicrafts and Handlooms Export Corporation of India (HHEC)
  • Indian Oilseeds and Produce Export Promotion Council (IOPEPC)
  • Indian Silk Export Promotion Council (ISEPC)
  • Marine Products Export Development Authority (MPEDA)
  • Pharmaceuticals Export Promotion Council of India (PHARMEXCIL)
  • Plastics Export Promotion Council (PLEXCONCIL)
  • Project Exports Promotion Council of India (PEPC)
  • Services Export Promotion Council (SEPC)
  • Shellac Export Promotion Council (SPEC)
  • Sports Goods Export Promotion Council (SGEPC)
  • Synthetic and Rayon Textiles Export Promotion Council (SRTEPC)
  • Tea Board of India
  • Tobacco Board
  • Wool and Woollens Export Promotion Council (WWEPC)
  • The Coffee Board of India
  • The Cotton Textiles Export Promotion Council (TEXPROCIL)

Commodity Boards

  • Coir Board
  • Coffee Board
  • Rubber Board
  • Spices Board
  • Tea Board of India
  • Tobacco Board

Development Authorities

  • Electronics Industries Development of India (ELCID)
  • National Centre for Trade Information (NCTI)

If an export product is not covered by any Export Promotion Council or Commodity Board, the exporter can obtain the RCMC from the Federation of Indian Exporters Organization (FIEO).

If the exporter deals with multi-products and the situation are unresolved, they can also obtain RCMC from FIEO.

For multi-product exporters in the North Eastern States, the RCMC can be obtained from Shellac & Forest Products Export Promotion Council (except for products managed by APEDA, Spices Board, and Tea Board).

For exporters of handicrafts and handloom products from Jammu & Kashmir, the Director of Handicrafts, Government of Jammu & Kashmir, is authorized to issue the RCMC.

Validity of RCMC

The RCMC remains valid starting from the issuance date on the 1st of April of the licensing year and is valid for five years, concluding on the 31st of March.

Documents Required for RCMC

The application form for RCMC must be accompanied by several mandatory documents, including:

  • An IEC number issued by the regional licensing authority
  • A Permanent Account Number (PAN) granted by the competent authority
  • The Memorandum of Association (MOA) for corporate, institutional, private limited, or limited companies
  • A self-certified copy of the partnership deed for partnership companies and individuals
  • The trust deed for trusts, institutional or corporate entities
  • A certificate from the Registrar of Companies regarding the registered office change of the company
  • Certified data on the company’s foreign exchange earnings over the past three years, provided by the company’s chartered accountant
  • A board resolution or power of attorney issued in favor of the signing authority, if the name of the signing authority is not mentioned in the IEC/MOA/partnership deed/trust deed of the company/firm/trust
  • A GST registration certificate.

Types of Exporters/Importers Covered – RCMC

The online RCMC application process is available for various types of exporters and importers, including:

  • Ordinary Membership: This type of membership is suitable for businesses new to the export and import industry and looking for basic membership.
  • Associate Membership: This membership is for entities involved in the export and import trade for a significant period and has an established business. The fee for associate membership is higher than ordinary membership and includes a small amount of GST.
  • Premier Trading House (PTH) Membership: This membership is for companies with a significant share in India’s total exports and substantially contributed to India’s international trade.
  • Star Export House (SEH) Membership: This membership is for companies that have demonstrated consistent export growth and earned significant foreign exchange.
  • Trading House (TH) Membership: This membership is for companies engaged in import and export activities with an annual turnover of at least INR 100 crores.

Previous Chapter Next

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *

Compliance with RCMC Previous post Compliance with RCMC