Registration Process For FIEO:
An RCMC, or Registration-Cum-Membership Document, is a document that confirms the exporter’s dealings with products registered with a government-approved agency or organization. The certificate is issued by India’s Export Promotion Councils or commodity boards for a period of five years. An exporter must include a statement detailing their primary business activities in their RCMC application. The Commodity Board/Export Promotion Council would receive this application in this case.
In India, the Indian Ministry of Commerce has brought together export promotion organizations under the Federation of Indian Export Organizations, FIEO. The council’s headquarters are in New Delhi, and it represents the global entrepreneurial spirit of Indian entrepreneurs. FIEO and its registration process will be discussed in detail in this article.
FIEO Membership Registration
The FIEO’s Articles of Association and Memorandum govern the procedures for registering new members. To benefit from various provisions of the Foreign Trade Policy, exporters must obtain a Registration-cum-Membership Certificate, RCMC.
Eligibility for FIEO Registration
You can obtain the RCMC by registering with the FIEO as a Manufacturer Exporter, Merchant Exporter, Merchant-Manufacturer Exporter, or Service Provider. This includes:
- Export products that are not covered by the Commodity Board or Export Promotion Council RCMC must be obtained from FIEO.
- For exporters of multiple products who are not members of an Export Promotion Council and whose primary line of business has not yet been established, RCMC must be applied for through the Federation of Indian Exporters, FIEO.
- A total of 14 service exporters are listed in the FIEO Handbook of Procedures as exempt from FIEO’s registration requirements.
Application Process for EPCs
Fill out form ANF 2C and submit it to the Export Promotion Council, EPC. A merchant exporter and a manufacturing exporter can both be registered as exporters. Choosing the exporter of manufacturing products requires substantial evidence.
Government policymakers and business leaders in India work together through export promotion councils, which bridge the gap between the groups. EPC conducts a wide variety of promotional activities to raise awareness about Indian exports and to connect buyers in other countries with Indian exporters, including buyer-seller meetings and trade shows. A registration with an Export Promotion Council is discussed in this section.
EPC Document Requirements
Below is a list of the materials that must accompany the application form. The following are listed:
- The registration-cum-membership-certification application should be completed and signed.
- Copy of the IEC Number granted by the regional licensing authority.
- You must provide a self-certified copy of your Permanent Account Number, or PAN
- Membership fees must be sent to New Delhi by demand drafts or checks payable to the Services Export Promotion Council.
- Self-certification of the company’s Memorandum of Association for corporations/institutions/private limited companies/limited liability companies.
- Self-certified copy of the Partnership Deed
- A self-certification copy of the trust’s deed for trusts, institutions, and corporations.
- The self-certification officer of the company must sign and confirm the change in the company’s registered office.
- The Chartered Accountant of the company must confirm foreign exchange earnings from the previous three years.
- Self-certified copy of Power of Attorney or Board Resolution if signing authority’s name is not on IEC/Trust Deed/MOU/Partnership Deed.
- Self-certified copy of GST registration certificate.
EPC Registration Regulations
EPC guidelines are as follows:
- When applying for RCMC, exporters must identify their primary business. Additionally, the Export Promotion Council requires the RCMC. For example, coconut businesses are governed by the Coconut Development Board.
- A Federation of Indian Exporters Organisation certificate can be obtained directly from the FIEO by those who do not belong to any of the export promotion councils mentioned above.
- Multi-product exporters who are not yet registered with an EPC or have not yet confirmed their business stream can obtain RCMC through FIEO.
- In the northeastern states, RCMC can be obtained through the Forest Product Export Promotion Council and Shellac, except for items governed by APEDA Spices and Tea Board.
- Exporters of Jammu and Kashmir handicrafts and handloom products can obtain Registration Cum Membership Certificates.
Registration of RCMC with EPC
The boundaries of India are covered by nine commodities and 26 commodity boards owned and operated by Export Promotion Councils. Indian Commodities Board and Export Promotion Councils issue RCMCs. Government officials have approved RCMC issuance by these institutions. EPCs and commodity boards in India administer RCMCs for exporters whose products do not fall into one of these categories.
The Registration-Cum-Membership Certificate (RCMC)
Any ANF 2C-registered application for exporting may join the Exporters’ Permit Council. As detailed in Appendix 2R, the EPC issues a Registration-cum-Membership-Certificate, RCMC. Become an associate member of an EPC by completing the application form and becoming a prospective/potential exporter.
By joining the relevant EPC’s membership list, exporters can register with the EPC. On acceptance, the exporter will receive a registration/membership certificate for five years. Members of EPCs are divided into two categories: associate members and regular members. In order to gain registration, the following documentation is required:
- The Export Promotion Council requires a digital signature certificate.
- An Import-Export Code certificate.
- A Chartered Accountant’s certificate confirms the export turnover and FOB rupee value before the previous year.
- Partners/Directors with home addresses.
- Bring your MSME registration certificate if you have one.
- Membership fees
Conclusion
In India, RCMC certification is primarily governed by the FIEO. Due to this, the exporter would be required to join the FIEO. In addition to administering RCMC registration, the FIEO is responsible for licensing. This form of registration is required by the country’s international trade policy. A financial advantage can be gained by exporters by doing this.