Export
Consignments up to ₹3 Lakh Exempted from Export Promotion RCMC/Registration,
Thank you Minister
Ø IEC and RBI Exchange Control
Remains
Ø Export Incentives like RoDTEP and Drawback will Stand, only EPC Goes
·
Government has amended Para 2.57 of the Foreign
Trade Policy (FTP) 2023 with immediate effect.
·
A new Para 2.57(c) provides that Registration-cum-Membership
Certificate (RCMC) or Certificate of Registration is not required for an
export consignment where the FOB value does not exceed ₹3,00,000.
·
The exemption applies notwithstanding the
existing requirements under Para 2.57(a) and (b).
·
Threshold: FOB value ≤ ₹3
lakh per export consignment.
·
Effective: Immediately.
·
Legal basis: Section 5 of the Foreign
Trade (Development & Regulation) Act, 1992, read with Para 1.02 of FTP
2023.
·
Approval: Issued with the approval of the Minister
of Commerce & Industry.
Effect of
this Notification
Small
exporters will be able to undertake export consignments up to ₹3 lakh
FOB without obtaining an RCMC or Certificate of Registration, reducing
compliance requirements and facilitating low-value exports.
[DGFT Notification No. 36/2026-27 dated 15 September
2026]
Effect of the Notification:
With an objective to promote small value exports, especially Exports through
Postal, Courier and other emerging channels, this notification exempts export
consignments with an FOB value not exceeding Rs. 3,00,000 from the requirement
of obtaining a RCMC or Certificate of Registration. Export consignments with an
FOB value exceeding Rs. 3,00,000 shall continue to require a valid RCMC or
Certificate of Registration wherever such requirement is otherwise applicable
under the Foreign Trade Policy, 2023.
Subject:
De minimis exemption from Registration-cum-Membership Certificate (RCMC) requirements
for low-value exports
S.O. (E): In exercise of powers conferred
by Section 5 of Foreign Trade (Development & Regulation) Act, 1992, read with
paragraph 1.02 of the Foreign Trade Policy, 2023, as amended from time to time,
the Central Government hereby makes the following amendment to the Foreign Trade
Policy, 2023, with immediate effect:
In the Foreign Trade Policy, 2023, in paragraph 2.57, after sub-paragraph (b),
the following sub-paragraph shall be inserted,
namely :-
(c) Notwithstanding anything contained in
sub-paragraphs (a) and (b) above, the requirement of a Registration-cum-Membership
Certificate or a Certificate of Registration shall not apply to an export consignment
where the Free-on-Board (FOB) value of the consignment does not exceed Rs. 3,00,000.
This is issued with the approval of Minister
of Commerce & Industry.
(Issued from File No. 01/89/180/01/AM-25/PC-9/E-37214)