RCMC Registration
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.
Registration-Cum-Membership Certificate (RCMC)
The Registration-Cum-Membership Certificate (RCMC) validates an exporter dealing with products registered with an agency or organization authorized by the Indian Government. This certificate indicates that the exporter is registered with the authorized agency or organization.
Eligibility for RCMC Registration Online
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.
In the Business Main Line Declaration, the exporter or merchant must specify their primary business line.
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.
Export Promotion Councils:
Documents Required
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
- Access to export promotion schemes and benefits :
- Access to market information:
Advantages
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).
Disadvantages
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.