The RCMC (Registration Cum Membership Certificate) is an authorization document for importing or exporting restricted products according to the Foreign Trade Policy (FTP). Typically, the Export Promotion Councils (EPCs), Commodity Boards, and Export Development Authorities established by the Director General of Foreign Trade (DGFT) for each restricted product issue this certificate.
Moreover, it functions as proof of membership or registration of an exporter with a specific EPC, commodity board, or export development authority. The RCMC is essential to benefit from concessions provided under the FTP for importing or exporting restricted goods.
Why RCMC Registration?
The RCMC registration serves several purposes.
Firstly, it authorizes importing or exporting products that fall under the restricted category per the Foreign Trade Policy (FTP).
Secondly, it is evidence of membership or registration of an exporter with a specific EPC, commodity board, or export development authority.
Thirdly, it is required to take advantage of concessions provided under the FTP for the import/export of restricted goods.