Home India Ministry of Commerce and Industry Clarification on RCMC Requirements for Post-Export ...
Date: 2024-10-04 Category: Not Applicable State: Union Government Country: India

Clarification on RCMC Requirements for Post-Export Remission-Based Schemes under FTP 2023 - reg

Issued by Ministry of Commerce and Industry · Directorate General Of Foreign Trade

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Executive Summary & Key Takeaways

**Summary:** This Trade Notice No. 19/2024-25, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India, on October 4, 2024, clarifies the Registration-Cum-Membership Certificate (RCMC) requirements for post-export remission-based schemes under the Foreign Trade Policy (FTP) 2023. The notice addresses confusion regarding the mandatory requirement of an RCMC for schemes like Rebate of State and Central Taxes and Levies (RoSCTL) and Remission of Duties and Taxes on Export Products (RoDTEP). It clarifies that while an RCMC is generally mandatory under Para 2.57 of FTP 2023 for exporters applying for authorization to import/export (excluding restricted items in ITC HS) or seeking other benefits/concessions under the FTP, this requirement does not apply to post-export remission-based schemes. Specifically, schemes such as Duty Drawback, RoSCTL, and RoDTEP, which aim to remit duties or taxes on exported goods, do not require exporters to obtain an RCMC to claim benefits. This clarification ensures stakeholders are aware of the specific RCMC requirements for different schemes outlined in FTP 2023. For further information, contact Deepak Jhalani, Deputy Director General of Foreign Trade, at deepak.jhalani@gov.in. The notice was issued from File No. 01/61/180/059/AM25/PC3.

Key Entities Referenced

Foreign Trade Policy 2023: A key policy document that outlines guidelines and regulations for foreign trade in India. Directorate General of Foreign Trade: The government agency responsible for implementing and regulating foreign trade policies. Registration-Cum-Membership Certificate: A certificate required for exporters to avail benefits under export promotion schemes. Rebate of State and Central Taxes and Levies: A post-export remission scheme aimed at refunding state and central taxes and levies on exported goods. Remission of Duties and Taxes on Export Products: A post-export remission scheme aimed at refunding duties and taxes on exported products. Vanijya Bhawan, New Delhi: Location of the Directorate General of Foreign Trade. Duty Drawback: A post-export remission scheme that provides a refund of customs duties paid on imported inputs used in export production. Deepak Jhalani: Deputy Director General of Foreign Trade.
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Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Dated: 04 .10.2024 Trade Notice No. 19/2024-25 To, Rw All Exporters/Members of Trade & Industry All Agencies / Chamber enlisted under FTP All Export Promotion Councils / Trade and Industry Associations All DGFT Regional Authorities NS Subject: Clarification on RCMC Requirements for Post-Export Remission-Based Schemes under FTP 2023 - reg Attention of Trade and Industry is invited to Para 2.57 of the Foreign Trade Policy (FTP) 2023, which stipulates the necessity of obtaining a Registration-Cum-Membership Certificate (RCMC) for availing benefits under export promotion schemes notified under the FTP 2023. 2. It has come to the notice of DGFT that there is some confusion regarding the mandatory requirement of an RCMC for schemes such as RoSCTL and RoDTEP. In this context, the following clarification is provided: i. Requirement of RCMC: As per Para 2.57 of FTP 2023, an RCMC is mandatory for exporters applying for an Authorisation to import/ export under the FTP (except items listed as ‘Restricted’ items in ITC (HS)) or applying for any other benefit or concession under FTP. These above noted measures are distinguished from post-export remission-based schemes. ii. Post-export Remission-Based Schemes: Schemes such as Duty Drawback, Rebate of State and Central Taxes and Levies (RoSCTL), and Remission of Duties and Taxes on Export Products (RoDTEP) fall under the category of remission- based schemes. These schemes are aimed at remitting duties or taxes on exported goods.iii. No RCMC Required: For the aforementioned remission-based schemes, the requirement of an RCMC does not apply. Exporters can claim benefits under these schemes without obtaining an RCMC. 3. This notice is issued to ensure that all stakeholders are aware of the specific requirements of RCMC for availing benefits under different schemes as outlined in the FTP 2023. 4. This issues with the approval of the competent authority. rhe (Deepak Jhalani) Deputy Director General of Foreign Trade Email: deepak.jhalani@gov.in [Issued from File No. 01/61/180/059/AM25/PC-3]

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