RCMC (Registration Cum Membership Certificate) is a certificate issued by the Ministry of Commerce and Industry, Government of India, to Indian exporters. The certificate is mandatory for exporters who want to avail of the benefits provided under various export promotion schemes.
Step-by-Step Guide to the RCMC Registration Process
Step 1: Determine the Applicable Export Promotion Council
The first step in the RCMC registration process is to determine the export promotion council that is relevant to your business. There are several export promotion councils in India that cater to different industries such as textiles, leather, handicrafts, and engineering.
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Step 2: Obtain the RCMC Application Form
After determining the applicable export promotion council, you need to obtain the RCMC application form. The form can be downloaded from the export promotion council’s website or obtained from their office.
Step 3: Fill Out the RCMC Application Form
The RCMC application form requires you to provide information such as:
- Business name and address
- Type of export business
- Details of exported products and categories
- Turnover of the business
- Bank details
- Import-export code (IEC) number
- Details of exports in the previous three years
Step 4: Submit the RCMC Application Form
After filling out the application form, you need to submit it to the export promotion council along with the following documents:
- Proof of identity of the business owner or partner
- Proof of address of the business premises
- Import-export code (IEC) certificate
- Bank certificate
- GST registration certificate
Step 5: Pay the RCMC Registration Fee
Once you have submitted the application form and documents, you need to pay the RCMC registration fee. The fee varies depending on the export promotion council and the type of business. The fee can be paid through a demand draft or online payment.
Step 6: Wait for RCMC Approval
After submitting the application form, documents, and fee, you need to wait for the export promotion council to approve your RCMC application. The council may conduct a verification of your business premises and documents before issuing the RCMC certificate.
Step 7: Obtain the RCMC Certificate
After the verification process, the export promotion council will issue the RCMC certificate. The certificate contains the RCMC number and the validity period of the certificate. The RCMC certificate is valid for a period of five years and needs to be renewed after its expiry.
Obtaining an RCMC certificate is essential for Indian exporters who want to avail of the benefits provided under various export promotion schemes. By following the above steps, you can easily obtain an RCMC certificate for your export business.