The Registration Cum Membership Certificate (RCMC) is a key certificate issued by the Export Promotion Councils (EPCs) or other recognized authorities in India. It is required for entities involved in exporting goods and services from India. This certificate helps in establishing a connection between the exporter and the Government of India, ensuring compliance with export regulations.
What is RCMC (Registration Cum Membership Certificate)?
The RCMC (Registration Cum Membership Certificate) is an official certificate that validates a company or exporter’s eligibility to engage in international trade and export activities from India. The certificate is issued by the relevant Export Promotion Councils (EPCs) or Commodity Boards authorized by the Ministry of Commerce & Industry, Government of India.
The RCMC serves multiple purposes:
It acts as proof of registration with the concerned Export Promotion Council or Commodity Board.
It is a mandatory document required for availing of export benefits under the Foreign Trade Policy (FTP).
It helps in accessing various government schemes and benefits, such as export incentives and duty exemptions.
RCMC Registration Process
Identify the Relevant Export Promotion Council (EPC) or Commodity Board : The first step in the RCMC registration process is identifying the correct Export Promotion Council or Commodity Board based on the type of goods or services you export. Some examples include:
Export Promotion Council for Handicrafts (EPCH) for handicraft items.
Federation of Indian Export Organisations (FIEO) for general exporters.
Spices Board of India for exporters of spices.
Oilseeds and Vegetable Oils Export Promotion Council (OVOEPC) for oilseeds and edible oils.
Submit the RCMC Application : Once you have identified the appropriate EPC or Commodity Board, you will need to fill out the RCMC application form. The application may be submitted online or offline depending on the EPC’s guidelines.
Provide Required Documents : Along with the application form, the exporter must submit certain RCMC documents. These documents are essential for verifying the exporter’s business and compliance. The list of documents typically includes:
Copy of Importer Exporter Code (IEC) certificate from the Directorate General of Foreign Trade (DGFT).
As business structure dictates customers must secure either a Certificate of Incorporation or Partnership Deed.
Bank details: A canceled cheque or bank statement showing business account details.
Export documents such as the Export Invoice, Shipping Bill, or Bill of Lading to prove export activity (for existing exporters).
Address proof of the company (e.g., rent agreement, utility bills, etc.).
Pay the Required Fees : Most Export Promotion Councils or Commodity Boards require the exporter to pay a registration fee along with the application. The fee varies depending on the EPC and type of export business.
Verification and Processing : After the submission of the application and documents, the EPC or Commodity Board will verify the information provided. They may conduct an inspection or audit in some cases.
Issuance of RCMC : Once the verification process is complete, and all requirements are met, the RCMC is issued. The certificate will be provided in the form of a physical certificate or a digital certificate, depending on the respective council's procedure.
Renewal of RCMC : RCMC is typically valid for a period of 5 years. Exporters are required to renew their RCMC before it expires to continue availing of export benefits and schemes.
RCMC Documents Required for Registration
The RCMC documents required for registration may vary slightly depending on the Export Promotion Council or Commodity Board, but the general documents include:
Application Form (filled and signed by the exporter).
Photographs of authorized signatories (if required).
RCMC Benefits
The RCMC benefits extend to various export advantages provided by the Indian government and regulatory bodies. These benefits include:
Access to Government Export Schemes and Incentives : Exporters with an RCMC can avail themselves of various export promotion schemes under the Foreign Trade Policy (FTP), including:
Export Promotion Capital Goods (EPCG) Scheme.
Merchandise Export from India Scheme (MEIS).
Services Export from India Scheme (SEIS).
Duty Drawback Schemes.
Eligibility for Exporter Incentives : With an RCMC, exporters are eligible for financial assistance, subsidies, and export incentives provided by the government. These incentives are crucial for reducing the cost of export operations and improving profit margins.
Better Market Access : RCMC registration facilitates smoother operations in international markets by certifying the exporter as a registered and reliable business entity. It also increases credibility with foreign buyers and traders.
Ease of Export Documentation : The RCMC facilitates the documentation needed by customs and regulatory authorities for export. It helps ensure that the exporter is compliant with all export compliance requirements.
Recognition in International Trade : Registration of an exporter under RCMC serves as a form of government recognition. This gives an exporter more recognition in the international trade arena, thus providing opportunities for better partnerships and participation in international trade forums and expos.
Government Representation : RCMC holders can access support from Export Promotion Councils in areas such as:
Trade fairs and exhibitions.
Export training and awareness programs.
Guidance on market trends, foreign regulations, and trade opportunities.
RCMC India: Key Points for Indian Exporters
In India, the RCMC registration process is essential for businesses involved in the export sector. Without the RCMC, exporters will not be able to avail themselves of the Foreign Trade Policy incentives, participate in government schemes, or benefit from export-related services offered by EPCs.
How to Apply for RCMC in India
Visit the official website of the relevant Export Promotion Council.
Finish the application form by providing all necessary information.
Submit the application form along with the supporting documents (as mentioned earlier).
Pay the registration fees (if applicable).
Wait for the verification process to complete and the issuance of the certificate.
Conclusion
The Registration Cum Membership Certificate (RCMC) functions as a vital export certification for Indian businesses which gives them access to government-sponsored benefits and market assistance programs. Any exporter who obtains an RCMC needs it to satisfy export requirements while accessing government benefits with available markets opportunities. A business can register for RCMC through the established procedure using every essential document to immediately start benefiting from India-based export-related schemes provided by the government.
RCMC serves as an important tool for businesses seeking to enhance export potential because it provides them with official stamps of credibility and facilitates government scheme participation and market expansion access.
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