[ad_1]
The commerce ministry has made it obligatory for exporters to file registration-cum-membership certificates (RCMC) functions via a standard digital portal, a transfer geared toward selling ease of doing enterprise for the buying and selling group.
According to the Foreign Trade Policy, a Registration-cum-Membership Certificate (RCMC) is required for exporters so as to avail advantages beneath the coverage. Holding the certificates can even assist exporters in availing advantages with respect to customs and excise.
The certificates is issued by export promotion councils, and commodity boards.
According to a communication of the Directorate General of Foreign Trade (DGFT), the digital platform to facilitate digital issuance/renewal/modification of RCMC/registration certificates (RC) has been applied.
The goal of the platform is to present an digital, contact-less single window for RCMC/RC associated processes.
“It is knowledgeable that from April 1, 2022, will probably be obligatory for the exporters to file RCMC/RC functions (for concern/renewal/modification) via the frequent digital portal of e-RCMC platform,” the communication despatched to all exporters, members of commerce, regional authorities, export promotion councils and commodity boards.
It has said that the prevailing process of submitting functions straight to the designated registering authorities will proceed only until March 31 this yr.
All regional authorities have been requested to make sure that they’re on board on eRCMC portal earlier than March 31.
They have additionally been suggested to conduct outreaches and concern appropriate advisories to the members/exporters to use the platform.
(Only the headline and film of this report could have been reworked by the Business Standard workers; the remainder of the content material is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has all the time strived onerous to present up-to-date data and commentary on developments which are of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on how to enhance our providing have only made our resolve and dedication to these beliefs stronger. Even throughout these troublesome occasions arising out of Covid-19, we proceed to stay dedicated to retaining you knowledgeable and up to date with credible information, authoritative views and incisive commentary on topical problems with relevance.
We, nevertheless, have a request.
As we battle the financial affect of the pandemic, we want your help much more, in order that we will proceed to give you extra high quality content material. Our subscription mannequin has seen an encouraging response from lots of you, who’ve subscribed to our online content material. More subscription to our online content material can only assist us obtain the objectives of providing you even higher and extra related content material. We imagine in free, truthful and credible journalism. Your help via extra subscriptions will help us practise the journalism to which we’re dedicated.
Support high quality journalism and subscribe to Business Standard.
Digital Editor
[ad_2]