Compliance with RCMC

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Compliance with the RCMC Certificate is mandatory for exporters who wish to participate in various government schemes and programs related to exports. Some of the important compliance requirements related to RCMC are as follows:

Renewal of RCMC: The RCMC is valid for five years, after which it needs to be renewed. Failure to renew the RCMC can result in non-compliance.
Adherence to Export-Import Policy: Exporters must adhere to the export-import policy guidelines and conditions related to the RCMC issued by the DGFT.
Submission of Annual Export Data: Exporters must submit their annual export data to the DGFT as required. Failure to do so can result in the suspension or cancellation of the RCMC.
Compliance with Customs Regulations: Exporters must comply with the customs regulations and procedures related to the export of goods. Non-compliance can result in penalties and other legal actions.
Compliance with Foreign Trade Regulations: Exporters must comply with the various foreign trade regulations related to the export of goods, such as compliance with export control regulations, sanctions, and embargoes.
Adherence to Quality Standards: Exporters must adhere to the quality standards specified by the importing country for exporting goods.
Maintenance of Records: Exporters must maintain records related to their export transactions and comply with the record-keeping requirements of the DGFT.

Compliance with RCMC requirements is essential for exporters to participate in various export-related schemes and programs and to avoid penalties and legal actions.

RCMC Registration Procedure: DGFT Common Digital Platform for filing of RCMC

The DGFT has recently launched the e-RCMC module as part of its IT revamp project. This module is a common digital platform designed to provide exporters, importers, and issuing agencies with single-point access for RCMC/RC-related processes, including new/modified/renewal RCMC/RC applications. The primary aim of this platform is to offer an electronic, contactless single window for RCMC/RC-related processes, making obtaining RCMC certificates simpler and more efficient.

At IndiaFilings, We can assist in filing the RCMC application online through the DGFT’s e-RCMC module. We can ensure that the application is filed correctly and that the applicant receives the RCMC certificate as soon as possible with reasonable RCMC registration fees.

IndiaFilings can provide reliable and efficient assistance to businesses seeking their RCMC registration with affordable RCMC registration fees. Our experience, expertise, and dedication to client satisfaction make us a good choice for businesses seeking RCMC registration online services.

Renewal of RCMC: The RCMC is valid for five years, after which it needs to be renewed. Failure to renew the RCMC can result in non-compliance.
Adherence to Export-Import Policy: Exporters must adhere to the export-import policy guidelines and conditions related to the RCMC issued by the DGFT.
Submission of Annual Export Data: Exporters must submit their annual export data to the DGFT as required. Failure to do so can result in the suspension or cancellation of the RCMC.
Compliance with Customs Regulations: Exporters must comply with the customs regulations and procedures related to the export of goods. Non-compliance can result in penalties and other legal actions.
Compliance with Foreign Trade Regulations: Exporters must comply with the various foreign trade regulations related to the export of goods, such as compliance with export control regulations, sanctions, and embargoes.
Adherence to Quality Standards: Exporters must adhere to the quality standards specified by the importing country for exporting goods.
Maintenance of Records: Exporters must maintain records related to their export transactions and comply with the record-keeping requirements of the DGFT.

Compliance with RCMC requirements is essential for exporters to participate in various export-related schemes and programs and to avoid penalties and legal actions.

RCMC Registration FAQ’s

What is the RCMC certificate full form?

RCMC certificate full form is Registration Cum Membership Certificate. The certificate of RCMC meaning implies the issuance of certificate to exporters and businesses, confirming their registration with export promotion councils. The purpose of RCMC Registration is to enable exporters to avail various benefits offered by the Government of India, such as exemption from payment of certain taxes and duties, and access to various export promotion schemes.

Who can apply for RCMC Registration?

Any person or business engaged in export activities in India can apply for RCMC Registration. This includes manufacturers, traders, merchants, and service providers who are involved in the export of goods or services from India.

What is the purpose of RCMC Registration?

The purpose of RCMC Registration is to enable exporters to avail various benefits offered by the Government of India.

RCMC Registration is a prerequisite to participate in various export promotion schemes and to claim certain exemptions and concessions provided by the government.
It is also required for availing benefits under the Foreign Trade Policy of India.
By obtaining RCMC Registration, exporters can enjoy a host of benefits, including exemption from payment of certain taxes and duties, access to credit facilities, export incentives, and other export-related facilities provided by the government.
In essence, RCMC Registration is an important document that helps exporters in India to boost their competitiveness in the global market.

What documents are required for RCMC Registration?

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 companys foreign exchange earnings over the past three years, provided by the companys 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.

How long does it take to get RCMC Registration?

The processing time for RCMC Registration may vary depending on the Export Promotion Council or Commodity Board. However, it usually takes around 7-10 days to get RCMC Registration.”

Is RCMC Registration mandatory for all exporters?

No, RCMC Registration is not mandatory for all exporters. However, it is necessary to avail various benefits offered by the Government of India.

What are the RCMC certificate fees?

The RCMC certificate fees vary depending on the Export Promotion Council or commodity board issuing it. It typically includes charges for new registration, annual renewal, and amendments.

What is the validity of RCMC Registration?

The validity of RCMC Registration varies depending on the Export Promotion Council or Commodity Board. However, it is usually valid for a period of 5 years.”

Can RCMC Registration be renewed?

Yes, RCMC Registration can be renewed by submitting the required documents and paying the renewal fee

What happens if RCMC Registration is not renewed?

If RCMC Registration is not renewed, the exporter may not be able to avail various benefits offered by the Government of India

Can RCMC Registration be transferred to another exporter?

No, RCMC Registration cannot be transferred to another exporter.

Is it necessary to have RCMC Registration for every product that I export?

No, it is not necessary to have RCMC Registration for every product that you export. RCMC Registration is obtained by an exporter, and it is valid for all the products that are exported by the exporter. Once an exporter obtains RCMC Registration, it applies to all the products that the exporter exports.

What is the difference between RCMC and IEC?

RCMC and IEC are two different documents that are related to export activities in India. RCMC is a Registration-Cum-Membership Certificate issued by Export Promotion Councils or Commodity Boards, while IEC (Import Export Code) is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) that is required for any person or business that wishes to engage in import or export activities in India.

Can I apply for RCMC Registration without IEC?

No, you cannot apply for RCMC Registration without an Import Export Code (IEC). IEC is a mandatory requirement for all importers and exporters in India, and RCMC Registration is dependent on IEC.

What is the difference between RCMC and MEIS?

RCMC and MEIS are two different schemes offered by the Government of India to promote exports. RCMC stands for Registration-Cum-Membership Certificate, which is a certificate issued by Export Promotion Councils or Commodity Boards in India to enable exporters to avail various benefits offered by the government. MEIS stands for Merchandise Exports from India Scheme, which is an export incentive scheme that provides benefits to eligible exporters.

Can I apply for RCMC Registration offline?

No, RCMC Registration can only be done online through the website of the relevant Export Promotion Council or Commodity Board.

What is the RCMC full form in export?

The RCMC full form in export is Registration Cum Membership Certificate. It is a document issued to exporters by Export Promotion Councils (EPCs) to validate their registration and enable them to access various benefits under the Foreign Trade Policy.

Is RCMC mandatory for export?

For the important yet confusing question of ‘Is RCMC mandatory for export’. The answer is No; it is not mandatory for all exports. However, it is required if exporters wish to avail themselves of specific government benefits, licenses, or concessions related to their products under the Foreign Trade Policy.

What is RCMC in export?

RCMC in export denotes the official certificate that verifies an exporter’s registration with a relevant Export Promotion Council or commodity board, ensuring compliance with the Foreign Trade Policy and enabling access to various export-related benefits. This is what is RCMC in export means and entails.

How to get RCMC certificate?

The procedure of how to get RCMC certificate must be understood by all the exporters in India. Exporters must apply through the relevant Export Promotion Council by submitting an application along with necessary documents such as Import Export Code (IEC), PAN, and other relevant business details. The application can be submitted online via the DGFT’s e-RCMC portal.

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