This trade notice clarifies that obtaining a ...

Export benefits available sans RCMC for remission schemes; mandatory for FTP authorizations.

Circulars DGFT

October 5, 2024

This trade notice clarifies that obtaining a Registration-Cum-Membership Certificate (RCMC) is not mandatory for exporters to claim benefits under post-export remission-based schemes like Duty Drawback, Rebate of State and Central Taxes and Levies (RoSCTL), and Remission of Duties and Taxes on Export Products (RoDTEP) under the Foreign Trade Policy (FTP) 2023. These schemes aim to remit duties or taxes on exported goods. However, an RCMC is required for exporters applying for authorizations to import/export or seeking other benefits/concessions under the FTP, except for restricted items. The notice clarifies the specific requirements for obtaining an RCMC to avail benefits under different schemes outlined in the FTP 2023.

View Source

← Previous Next →

This trade notice clarifies that obtaining a ...

Export benefits available sans RCMC for remission schemes; mandatory for FTP authorizations.

Circulars DGFT

October 5, 2024

You may also like:

Scope and validity of policy circular - EPCG Authorisation - The impugned policy circular dated 29.03.2019 is therefore, beyond the jurisdiction of respondent no. 3 as...

The Policy Circular No. 01/2024 issued by the Directorate General of Foreign Trade provides clarification on the discharge of export obligations of Advance Authorisation...

Requirement of Import Export Code (IEC) number - Non-consideration of the benefits under the Services Export from India Scheme - The proviso does not lay down that the...

Conversion of shipping bill from duty drawback scheme to Advance Authorization Scheme - export of white refined sugar / raw sugar - conversion of shipping bill from one...

Recovery of export benefits given under Incentive and Reward Schemes under Chapter 3 of FTP on re-import of exported goods

The appellant had imported raw materials duty-free under the Advance Authorisation Scheme but erroneously filed shipping bills under the Duty Drawback Scheme. The court...

Duty Free Import Authorization (DFIA) Scheme - If the applicant is aggrieved by the application of the Duty Free Import Authorization Scheme to the parties like the...

Details of Duties exempted - Import / Export under DUTY EXEMPTION / REMISSION SCHEMES - Para no. 4.14 of Foreign Trade Policy (FTP) aligned with GST / IGST

The RoDTEP scheme for exports manufactured by DTA Units is extended until 30.09.2025, while for exports by Advance Authorization holders (excluding deemed exports),...

Advance Authorisation Scheme - Request of the appellant for endorsing advance authorisation numbers on the free shipping bills and for issue of NOC for considering the...

Newly established industrial units having once enjoyed the tax exemption and also remission for seven years under the Meghalaya Industrial Policy of 1997 and the...

Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 - permission to file claim under the correct category under the SVLDR Scheme - condonation of delay in filing...

The recent Public Notice No. 04/2024, in line with Notification No.32/2023-Customs and Circular No. 11/2023-Customs, introduces an Amnesty Scheme for a one-time...

The Public Notice No. 50/2023 issued by the DGFT, amends the Foreign Trade Policy (FTP), 2023, to exempt certain Ministries/Departments from mandatory Quality Control...

The Trade Notice No. 05/2024-2025 issued by the Directorate General of Foreign Trade addresses the issuance of Registration-Cum-Membership Certificate (RCMC) for Medical...

Quick Updates: