RCMC Registration – Your Gateway to International Trade
Thinking of expanding your business beyond borders? The Registration Cum Membership Certificate (RCMC) is your official stamp of recognition in the world of exports.
Issued by Export Promotion Councils (EPCs), Commodity Boards, and Export Development Authorities under the DGFT, this certificate proves you’re a legitimate player in your industry. It’s not just paperwork—it’s your access to export benefits, trade incentives, and compliance with the Foreign Trade Policy (FTP). With RCMC in hand, you’re not just exporting—you’re exporting with credibility.
What Is RCMC Registration?
RCMC Registration confirms that an exporter dealing in restricted products is officially registered with a specific EPC, Commodity Board, or Export Development Authority. It acts as a membership credential that validates your eligibility to import or export goods under the FTP guidelines.
Why Is RCMC Registration Important?
RCMC registration is indispensable for businesses in international trade because it:
- Authorizes Trade: Enables import/export of restricted goods as per FTP guidelines.
- Accesses Benefits: Unlocks concessions like duty drawbacks, the Merchandise Export from India Scheme (MEIS), and market access initiatives.
- Ensures Compliance: Demonstrates adherence to government regulations, enhancing your credibility.
- Boosts Reputation: Establishes a solid reputation in the global marketplace, opening doors to new opportunities.
Eligibility Criteria
To be eligible for RCMC registration, a business must:
- Actively engage in international trade.
- Possess a valid Import Export Code (IEC) issued by the DGFT.
- Clearly state its primary business line and, if required, secure necessary approvals from its board or FIEO.
Registration Process
The process to obtain an RCMC certificate involves:
- Online Application: Submit your application through the DGFT’s e-RCMC module.
- Documentation: Provide all required details and supporting documents.
- Payment: Complete the payment of the prescribed fee.
- Tracking: Receive a Service Request Number (SRN) for tracking your application.
- Notification: An email will inform you of the approval or rejection of your application.
Validity & Renewal
The RCMC certificate is effective from April 1 of the licensing year and remains valid for five years. Renewal is mandatory after this period to continue enjoying the benefits under the FTP.
Required Documentation
When applying for RCMC registration, ensure you have:
- IEC Number: Issued by the DGFT.
- PAN Card: Of the business.
- Incorporation Certificate: Or equivalent registration document.
- Proof of Address: Such as a sale deed, rent agreement, or electricity bill.
- Additional Documents: Partnership deed or trust deed for non-corporate entities.
- Bank Account Details
- Board Resolution/Power of Attorney: Authorizing the application (if applicable).
- GST Registration Certificate: If applicable.
Types of RCMC Registration
RCMC registration is tailored for different entities, such as:
- Export Promotion Councils
- Commodity Boards
- Export Development Authorities
Each category is responsible for issuing RCMC certificates for specific groups of products, ensuring that the unique requirements of various industries are met.
How Compliance Monk Can Help
Compliance Monk offers comprehensive support throughout the RCMC registration process via the DGFT’s e-RCMC module. Our services include:
- Expert Guidance: We help you understand eligibility and compile the necessary documentation.
- Application Assistance: Our team prepares and submits your application accurately and on time.
- Follow-Up: We track your application status and liaise with the DGFT to expedite approval.
- Ongoing Support: Post-registration assistance to address any further queries or requirements.
Ready to unlock global trade opportunities?
Contact Compliance Monk today!
FAQs
1. What is RCMC Registration?
RCMC Registration is the process of obtaining a Registration Cum Membership Certificate from designated bodies such as Export Promotion Councils, Commodity Boards, or Export Development Authorities. This certificate verifies that an exporter is a recognized member under the Foreign Trade Policy.
2. Why is RCMC Registration important?
It authorizes the import or export of restricted goods, enables access to government concessions (such as duty drawbacks and subsidies), and enhances the credibility of your business in international trade.
3. Who is eligible for RCMC Registration?
Any business involved in importing or exporting restricted products that holds a valid Import Export Code (IEC) is eligible. This includes proprietorships, partnerships, LLPs, private and public companies, trusts, HUFs, societies, and producer companies.
4. What documents are required for RCMC Registration?
Typically, you will need:
- IEC number
- PAN card of the business
- Incorporation or registration certificate
- Proof of address (e.g., sale deed, rent agreement, utility bill)
- Bank account details
- Board resolution or authorization letter (if applicable)
- GST registration certificate (if applicable)
5. How long is the RCMC certificate valid?
The RCMC certificate is valid for five years, starting from April 1 of the licensing year, after which it must be renewed.
6. What is the RCMC registration process?
The process involves:
- Submitting an online application via the DGFT’s e-RCMC module
- Uploading the required documents and making the prescribed payment
- Receiving a Service Request Number (SRN) for tracking
- Obtaining an official approval or rejection notification via email