RCMC – Export Promotion Council for EOUs & SEZ Units (EPCES): A Gateway to Export Success
Introduction
Export Oriented Units (EOUs) and Special Economic Zones (SEZs) play a vital role in boosting India’s exports and foreign exchange earnings. To promote and facilitate exports from these sectors, the Government of India established the Export Promotion Council for EOUs & SEZs (EPCES). This council acts as a crucial link between exporters and the government, advocating policies, organizing trade events, and helping units leverage export incentives.
One mandatory certification for EOUs and SEZ unit exporters is the Registration-Cum-Membership Certificate (RCMC) issued by EPCES. This certificate validates an exporter’s membership and eligibility for export promotion benefits under Indian trade policy. This blog explains EPCES and RCMC, why it’s necessary, its benefits, the challenges faced by exporters, and concludes on the importance of this certification.
What is EPCES and RCMC?
Export Promotion Council for EOUs & SEZs (EPCES)
Set up in 2003 by the Ministry of Commerce and Industry, EPCES is the designated multi-product Export Promotion Council catering to the needs of EOUs, SEZ units, developers, and co-developers across India. It represents multifarious sectors such as textiles, engineering, leather goods, electronics, food, chemicals, and more within the EOU/SEZ ecosystem.
With a membership base of around 7000 units, EPCES acts as a platform for exporters to raise issues, receive government policy updates, participate in international trade fairs, and access financial assistance schemes.
Why is RCMC from EPCES Necessary?
Regulatory Compliance
Under Notification GSR No. 771(E) dated 05.08.2016 by the Ministry of Commerce, having a valid RCMC from EPCES is mandatory for EOUs and SEZ units to avail export incentives and benefits. The DGFT also mandates valid RCMC registration for exports by EOUs and SEZ units.
Access to Market Access and Export Incentives
RCMC holders are eligible for the Market Access Initiative (MAI), which provides financial assistance for participation in export promotion events like international trade fairs and buyer-seller meets. Additionally, members benefit from schemes such as duty draw back and export promotion capital goods concessions.
Trade Facilitation and Policy Advocacy
EPCES acts as a bridge between EOUs/SEZ community and Central and State Governments, addressing grievances, interpreting policy changes, and advocating favorable export policies.
Market Exposure and Networking Opportunities
EPCES organizes and participates in international trade delegations, exhibitions, and buyer-seller meets that empower RCMC holders to expand their market presence globally.
Registration-Cum-Membership Certificate (RCMC)
The RCMC is an official certificate issued by EPCES certifying an export unit’s registration under the Foreign Trade Policy. It establishes the exporter’s standing as a member of EPCES and provides entitlement to export-related government benefits and schemes.
Possessing a valid RCMC is essential for EOUs and SEZ units to avail exemptions, drawback benefits, and concessions under various export promotion policies.
Benefits of RCMC and EPCES Membership
Eligibility for Government Export Schemes and Subsidies
RCMC holders benefit from subsidies under the MAI scheme, reducing participation costs in global exhibitions and trade-related travel, bolstering their international market reach.
Trade Event Participation and Visibility
Members can represent their products on premium platforms such as trade fairs, government-organized delegations, and export promotion events both in India and abroad.
Export Documentation Support
EPCES assists members in obtaining crucial documents like Non-Preferential Certificates of Origin necessary for customs clearance and export compliance.
Information Dissemination and Updates
EPCES circulates trade bulletins, newsletters, and updates about policies, GST changes, foreign exchange regulations, and other export-relevant information helping members stay informed.
Capacity Building Initiatives
Workshops, seminars, and open houses conducted by EPCES assist exporters in understanding export procedures, trade policies, and new regulatory norms.
Export Awards and Recognition
EPCES recognizes outstanding export performance of EOUs and SEZ units through annual awards, motivating members towards greater achievements.
Challenges in Obtaining RCMC from EPCES
Complex Documentation and Compliance
Applicants need to submit an Import Export Code (IEC), proof of export, company incorporation documents, GST/PAN registration, and various declarations, which may be overwhelming.
Delays in Application Processing
Though applications are digitally accepted, verification delays and backlog may occur, impacting the timely issuance of RCMC.
Annual Renewal and Compliance Monitoring
The RCMC requires renewal, and consistent export activity may be required to maintain active membership and eligibility for incentives.
Navigating Multi-Sector Coverage
With EPCES representing multiple sectors, some exporters may experience confusion regarding product classification or the correct application process.
Conclusion
The Registration-Cum-Membership Certificate (RCMC) from the Export Promotion Council for EOUs & SEZ Unit (EPCES) is a crucial certification for units operating in Export Oriented Units and Special Economic Zones aiming to maximize their export potential. It ensures compliance with trade regulations, unlocks access to government export promotion schemes, and connects exporters with global market opportunities.
Despite the administrative and procedural challenges, EPCES offers robust support and a platform for EOUs and SEZ units to voice concerns, access financial assistance, and participate actively in international trade. Obtaining and renewing the EPCES RCMC is an essential step for any EOU or SEZ exporter committed to scaling up exports and contributing to India’s foreign exchange goals.
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