09/10/2024
𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻-𝗰𝘂𝗺-𝗺𝗲𝗺𝗯𝗲𝗿𝘀𝗵𝗶𝗽 𝗰𝗲𝗿𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗲 𝗻𝗼𝘁 𝗺𝗮𝗻𝗱𝗮𝘁𝗼𝗿𝘆 𝗳𝗼𝗿 𝗲𝘅𝗽𝗼𝗿𝘁𝗲𝗿𝘀 𝘁𝗼 𝘀𝗲𝗲𝗸 𝘀𝗰𝗵𝗲𝗺𝗲 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀: 𝗗𝗚𝗙𝗧
The commerce ministry's arm DGFT has clarified that registration-cum-membership certificate is not mandatory for exporters to seek benefits under schemes like duty drawback and remission of state levies. According to the Foreign Trade Policy, a Registration-cum-Membership Certificate (RCMC) is required for exporters in order to avail benefits under the policy. Holding the certificate can also help exporters in availing benefits with respect to customs and excise.
Read more at: https://tinyurl.com/pp7n65zu