RCMC Registration Services

RCMC Registration Services In India

The Registration Cum Membership Certificate (RCMC) is a mandatory certification for businesses involved in the export or import of goods and services in India. Issued by export promotion councils or commodity boards recognized by the Government of India, the RCMC verifies the eligibility of an exporter or importer to avail benefits under various foreign trade policies, including incentives, schemes, and tariff concessions.

Eligibility for RCMC Registration

Export Benefits: The RCMC allows exporters to avail themselves of various government incentives, schemes, and tariff concessions.

Compliance with Foreign Trade Policies: It ensures that your business complies with India’s foreign trade policies and regulations, facilitating smoother international transactions.

Eligibility for Duty Drawback: RCMC registration makes you eligible for duty drawback schemes, allowing businesses to reclaim taxes paid on exports.

Increased Credibility: Having an RCMC enhances your business’s credibility and trustworthiness in the global market, especially when dealing with international customers and authorities.

Documents Required for RCMC Registration

Business Registration Documents: Proof of business registration or incorporation certificate.

PAN Card: Permanent Account Number of the business.

Import-Export Code (IEC): A valid IEC issued by the Directorate General of Foreign Trade (DGFT).

Bank Account Details: A copy of the company’s bank account statement.

Product Details: Information about the goods or services being exported/imported.

Proof of Manufacturing: If applicable, evidence of manufacturing products for export.

FAQs

Q: What is an RCMC Registration?

A: RCMC (Registration Cum Membership Certificate) is a certificate issued by export promotion councils or commodity boards for exporters or importers to avail benefits under foreign trade policies.

Q: Who needs RCMC Registration?

A: Businesses involved in exporting or importing goods and services in India are required to obtain RCMC to avail themselves of various government schemes and benefits.

Q: What are the benefits of RCMC Registration?

A: RCMC registration allows businesses to access export incentives, duty drawbacks, government schemes, and ensures compliance with foreign trade policies.

Q: How long does the RCMC registration process take?

A: The RCMC registration process typically takes 7-10 business days, depending on the completeness of the documents and the council's processing time.

Q: Is RCMC registration mandatory for all exporters?

Yes, RCMC registration is mandatory for all exporters in India to avail themselves of benefits under various export promotion schemes.