What do you mean by Registration-cum-Membership Certificate (RCMC) Registration?
RCMC Registration is issued by the competent government authority. Firms/ companies which are required to obtain registration under Import Export License are also required to obtain registration under Registration-Cum-Membership Certificate (RCMC) and are also eligible to avail concession or benefits provided under Foreign Trade Policy. Firms/ Companies which are exempt to obtain registration under Export Import Policy are also not required to obtain registration of RCMC.
Who authorizes the Registration-cum-Membership Certificate (RCMC) registration?
- Federation of Indian Exporters Organizations (FIEO)ÃÂ or a relevantÃÂ Export Promotion Council (EPC) provides the RCMC registration which is obtained by the person who exports the products.
- Federation of Indian Exporters Organizations (FIEO) also provides registration under RCMC which is obtained by the status holder.
- Where Export Promotion Council (EPC) does not cover any export product in such cases RCMC registration can be obtained.
- Shellac and Forest Products Export Promotion Council (SHEFEXIL) also provides RCMC registration which is obtained by the persons who export forest produce and value added products.
- Electronic and Computer Software EPC (ESC) provides RCMC registration for Software exporters.
- Services Export Promotion Council (EPC) registers the exporters of 14 listed services whereas Federation of Indian Exporters Organizations (FIEO) registers the other service exporters.
How to file application to obtain registration of Registration-cum-Membership Certificate (RCMC)?
Application is filed in the prescribed format to become a member of EPC by an exporter. After admitting to the membership, Registration-cum-Membership Certificate (RCMC) is granted to the concerned Export Promotion Council (EPC).
Exporters are required to provide evidence in order to get registered as manufacturer/exporter. An application can also be filed by the potential exporters or prospective to become the associate members of Export Promotion Council (EPC).
Following necessary documents are required to be submitted along with the application:
(a) Product details application form specified for Registration-cum-Membership registration is required to be submitted.
(b) Concerned licensing authorities issuing the Import Export Code (IEC) certified copy is also required to be submitted.
(c) Bank certificate copy to judge the financial soundness of the applicants.
(d) Where registration is obtained under Small Scale Industries / Industrial Entrepreneur Memorandum (SSI/IEM) is to be furnished.
(e) A declaration regarding exports and imports details are required to be furnished for the preceding financial year.
(f) Copy of Memorandum of Association (MOA) and Articles of Association (AOA) in case of companies and partnership deed in case of partnership firms are required to be submitted.
How long Registration-cum-Membership Certificate (RCMC) registration shall be valid?
Provision regarding the validity is as follows:
From the date of 1st April of the licensing year (the year in which the license is issued) till the next 5 years ending 31st March of the licensing year, unless and until specified otherwise.
What are the rules regarding Intimation in case of change in constitution?
Changes in the Registration-cum-Membership Certificate (RCMC) holder such as:
- Ownership or Address.
In case of such changes, every Registration-cum-Membership Certificate (RCMC) holder is required to intimate such changes to the authority within 1 month from the date of the occurrence of such changes.
Authority may condone the delay of not intimating the changes to the authority if the reason for delay is genuine and for the same, proof of delay is required to be submitted.
Which reports are to be Furnished?
Exporters are required to furnish quarterly returns along with the details of export to the concerned Export Promotion Council (EPC). Status holders are required to submit the quarterly returns to the Federation of Indian Exporters Organizations (FIEO).
Is there any provision of De-registration?
RCMC holders are de-registered by the authority where they have violated any provision related to the RCMC registration. A show case notice as well as reasonable opportunity is provided to the RCMC holder to make representation against the proposed de-registration.
What is the method to Appeal Against De-Registration?
An aggrieved party can file an application against the de-registration to Directorate General of Foreign Trade (DGFT) or other designated agency within a period of 45 days from the date of de-registration and their decision shall be considered as a final decision.