Export of goods when comes into picture it abides the organization by lot of compliances with the government. RCMC(Registration Cum Membership Certificate) this is a mandatory registration which is required for export of goods outside India. It has 37 regulating bodies known as Export promotional council under which registration is to be taken. This registration is granted as per permissible categories of goods approved by government.
In case exporter has multiple products or lines of business is not certain or those multi-product not registered with any EPC then one can take common registration and FIEO can issue the RCMC under its multi-product group category for a year from April to March. However, additionally exporter has to register with the respective EPCs by declaring lines of business.
It has the validity of Five from the 1st of April of the year in which it is issued and remains so for five years, ending on 31st March of the fifth year.
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