Clarification on RCMC Requirements for Post-Export Remission-Based Schemes under FTP 2023
The Directorate General of Foreign Trade (DGFT) has clarified the Registration-Cum-Membership Certificate (RCMC) requirement under the Foreign Trade Policy (FTP) 2023.
1. RCMC is required for exporters applying for an authorization to import/export or any benefit under FTP 2023 (except for restricted items)
2. For ROSCTL (rebate of state and central taxes and levies) and RODTEP (remission of duties and taxes on export product) RCMC is not needed. These are post-export remission-based schemes that remit duties or taxes on exported goods.
This update helps exporters understand the RCMC requirement more clearly, ensuring they can claim the relevant benefits without confusion.
DGFT
Legal
Company Secretarial
DGFT Notifications
Others
Recent Posts
- DGFT Simplifies Import Clearance for Pre-Shipment Goods
- Clarification on NPOP Applicability for Organic Textile Exports
- DGFT Notification Correction – Jute Fabric HS Code Revised
- DGFT Issues Three New SIONs Under FTP 2023
- Foreign Trade Policy Update: DGFT Issues New Amendment
- Central Govt. amends Para 2.03 of the Foreign Trade Policy
- Export Policy for Chapter 17 Amended with Immediate Effect
- DGFT sugar export authorization
FeATURED ARTICLES
DGFT Simplifies Import Clearance for Pre-Shipment Goods Great news for importers! The DGFT has clarified a key point under Para…
Clarification on NPOP Applicability for Organic Textile Exports The Directorate General of Foreign Trade (DGFT) recently issued Public Notice No….
DGFT Notification Correction – Jute Fabric HS Code Revised The Directorate General of Foreign Trade (DGFT) has issued a correction…
DGFT Issues Three New SIONs Under FTP 2023 In a recent update under Paragraph 1.03 of the Foreign Trade Policy…
