{"id":39197,"date":"2022-01-05T12:31:14","date_gmt":"2022-01-05T07:01:14","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=39197"},"modified":"2022-01-07T18:40:30","modified_gmt":"2022-01-07T13:10:30","slug":"rcmc-certificate-for-exporters","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/rcmc-certificate-for-exporters\/","title":{"rendered":"RCMC Certificate for Exporters: Procedure, Documents, and Benefits"},"content":{"rendered":"\n<p class=\"has-drop-cap\">RCMC certificate is a legal document granted by the export promotion council mentioned under the Foreign Trade Policy. It serves as a certificate that legalizes exporters involved with the products registered with authority or agency of the government. Under the FTP, exporters are mandated to register with respective export promotion council mentioning their core business. RCMC comes with a validity of 5 years and it ensures various perks and advantages for the EXIM businesses. In this write-up, you would come to know everything about RCMC certificate from export promotion council. <\/p>\n\n\n\n<p>Presently, there are 26 Export Promotion Councils &amp; 9 commodities boards operating pan India. Export Promotional Councils operate under the aegis of central government and have sole authority to grant  RCMC certificate to the exporters. Every Export promotion council categorizes itself depending on the type of products. Exporter of products that fall outside the ambit of these councils can secure RCMC from FIEO<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/rcmc-certificate-for-exporters\/#Guidelines_for_Registration\" >Guidelines\nfor Registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/rcmc-certificate-for-exporters\/#How_to_apply_for_RCMC_from_the_Export_promotion_council\" >How to apply for RCMC from the Export promotion council?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/rcmc-certificate-for-exporters\/#Documents_for_obtaining_RCMC_certificate_from_respective_Export_Promotion_Council\" >Documents for obtaining  RCMC certificate from respective Export Promotion Council<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/rcmc-certificate-for-exporters\/#Overview_on_RCMC_compliances\" >Overview on RCMC compliances<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/rcmc-certificate-for-exporters\/#Penalty_for_violating_registrations_terms_and_conditions\" >Penalty for violating registration&#8217;s terms and conditions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/rcmc-certificate-for-exporters\/#List_of_benefits_accessible_to_RCMC_certificate_holders\" >List of benefits accessible to  RCMC certificate holders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/rcmc-certificate-for-exporters\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Guidelines_for_Registration\"><\/span>Guidelines\nfor Registration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>While applying for  RCMC certificate, an applicant must declare the core business. <\/li><li>For exporters dealing with the shipment of multiple products and having registered offices in north-eastern states, RCMC can be secured from Shellac and Forest Product Export Promotional Council, unless it is for the products regulated by the institutions like APEDA, Spices Board, and Tea Board.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_apply_for_RCMC_from_the_Export_promotion_council\"><\/span>How to apply for RCMC from the Export promotion council?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Any exporter can avail  RCMC certificate from the respective EPC by submitting a prescribed application along with the requested set of documentation discussed below: <\/p>\n\n\n\n<p><strong><em>Note: Recently, the DGFT i.e. Director\nGeneral of Foreign Trade has unveiled a single-window portal for\nRCMC\/Registration Certificate (RC) related processes including application for\nnew\/renewal\/amendment of RCMC\/RC. <\/em><\/strong><\/p>\n\n\n\n<p><strong><em>The DGFT has prompted exporters to furnish applications for RCMC\/RC or its renewal via this portal w.e.f 6th Dec 2021. With the launch of this portal, the authority aims to digitize and thus speed up RCMC\/RC-related processes. <\/em><\/strong><\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important\"><a href=\"https:\/\/corpbiz.io\/learning\/how-to-start-export-business-from-india\/\">How to Start Export Business from India?<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_for_obtaining_RCMC_certificate_from_respective_Export_Promotion_Council\"><\/span>Documents for obtaining  RCMC certificate from respective Export Promotion Council<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Common documents required to secure RCMC\nfrom the export promotion council includes; <\/p>\n\n\n\n<ul><li>Application in the prescribed format (download it from the authority&#8217;s portal) <\/li><li>A self-certified copy of the <a href=\"https:\/\/corpbiz.io\/iec-registration\"><strong>import-export code (IEC)<\/strong><\/a> granted by the Directorate General of foreign trade. <\/li><li>A declaration printed on duly notarized non-judicial stamp paper<\/li><li>A self-attested copy of MoA and AoA\/ Partnership deed\/Incorporation certificate, depending on the type of business structure<\/li><li>Exporter cum manufacturer would require submitting the certificate like Industrial license\/letter of intent\/SSI certificate granted by the governing authority.<\/li><li>Self-attested copy of factory license, <a href=\"https:\/\/corpbiz.io\/epf-registration\"><strong>EPFO registration<\/strong><\/a>, ESIC certificate granted by a respective line of authorities. <\/li><li>DD\/Cheque\/Pay order of amount demanded by the export promotion council <\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Overview_on_RCMC_compliances\"><\/span>Overview on RCMC compliances <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Every exporter shall provide\nexport-oriented <\/strong>return\/details\nto the concerned registering authority. In case the exporter has FIEO\nregistration, then he shall also file quarterly returns to FIEO in the standard\nformat<\/p>\n\n\n\n<p><strong>Intimation of change in the constitution\nof business of RCMC holder <\/strong><\/p>\n\n\n\n<p>In case there is a change in\nconstitution, ownership, name, or address of exporter, the exporter shall the\nsame to the respective authority within one month of the change. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Penalty_for_violating_registrations_terms_and_conditions\"><\/span>Penalty for violating registration&#8217;s terms and conditions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In case of breaching registration&#8217;s terms\nand conditions, the EPC may restrain the exporter from executing their\noperation by temporarily canceling the registration. The decision regarding the\nregistration cancellation would be duly shared with the defaulter so that\nhe\/she can put the case before the hearing committee. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"List_of_benefits_accessible_to_RCMC_certificate_holders\"><\/span>List of benefits accessible to  RCMC certificate holders<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>RCMC holders are eligible to access the\nfollowing benefits that keep them competitive and provide required aids to\ncarry on EXIM activities with ease.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Advanced Authorization<\/h3>\n\n\n\n<p><strong>Advance Authorisation Scheme (AAS)<\/strong><sup><a href=\"https:\/\/www.dgft.gov.in\/CP\/?opt=adnavce-authorisation\"><strong>[1]<\/strong><\/a><\/sup> is a government scheme released under the Foreign Trade Policy 2015-2020. The scheme ensures zero import duty on raw materials coming to India for producing exportable products. AAS aims at; <\/p>\n\n\n\n<ul><li>Improving\npresence of Indian products in the global marketplace<\/li><li>Decreasing\nproduction cost of exportable goods by providing cheap raw material <\/li><li>Boosting\nexport activities <\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Duty Drawback Scheme<\/h3>\n\n\n\n<p>The duty drawback scheme enables\nexporters to secure a refund on paid custom duty on goods coming from abroad,\nwhere those are:<\/p>\n\n\n\n<ul><li>to\nbe processed, treated, or incorporated in other goods for export<\/li><li>are\nexported unutilized since importation. <\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">RODTEP Scheme <\/h3>\n\n\n\n<p>RoDTEP is an abbreviated term of\nRemission of Duties and Taxes on Export Products. This scheme came to effect on\nJan 1st, 2021, formed to supersede the prevailing Merchandise Exports from\nIndian Scheme, MEIS. The scheme aims at recovering refunds on embedded taxes\n&amp; duties paid to concerned authorities. Government launches this scheme to\nboost export activities pan India. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Duty-Free Import Authorization (DFIA) Scheme<\/h3>\n\n\n\n<p>Duty-Free Import Authorization (DFIA)\nScheme ensures duty-free import of inputs, fuel, oil, energy sources which is\nrequired to manufacture of exportable goods. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Zero duty Export Promotion Capital Goods (EPCG) scheme<\/h3>\n\n\n\n<p>Export Promotion Capital Goods (EPCG)\nscheme allows import of capital goods including spares for pre-production,\nproduction, and post-production at zero duty subject to an export obligation of\n6 times of duty saved on capital goods imported under the EPCG scheme, to be\nfulfilled in 6 years reckoned from Authorization issue date.<\/p>\n\n\n\n<p><strong><em>Apart from these benefits, the RCMC\nholders have seamless access to trade fairs and exhibitions hosted on a\ndomestic and international platform. <\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p> RCMC certificate from the export promotion council helps exporters to avail growth-driven schemes mentioned under Foreign Trade Policy. Once registered, the RCMC holders can avail the benefits like low-shipping cost, zero import duty on input material used in exportable goods, and seamless transit of goods. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important\"><a href=\"https:\/\/corpbiz.io\/learning\/import-concerning-iec-with-rcmc\/\">The Requirement for Import Concerning IEC with RCMC<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RCMC certificate is a legal document granted by the export promotion council mentioned under the Foreign Trade Policy. It serves as a certificate that legalizes exporters involved with the products registered with authority or agency of the government. Under the FTP, exporters are mandated to register with respective export promotion council mentioning their core business. [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":39198,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[165],"tags":[2068],"acf":{"service_id":"16"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":7394,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/39197"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=39197"}],"version-history":[{"count":7,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/39197\/revisions"}],"predecessor-version":[{"id":39206,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/39197\/revisions\/39206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/39198"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=39197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=39197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=39197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}