DGFT’s ₹10,000 RCMC waiver proposal wins support, but exporters seek a higher cap
DGFT has proposed exempting export consignments valued up to ₹10,000 FOB from RCMC requirements. Industry groups say the move could lower compliance costs for micro and e-commerce exporters, while urging a higher threshold and safeguards against repeated use of the exemption.
What happened
Directorate General of Foreign Trade (DGFT) · DGFT proposes exempting export consignments up to ₹10,000 FOB from RCMC requirements, supporting micro-exporters
Key facts
- ₹10,000 FOB consignment-value exemption threshold
- 10 days for stakeholder comments
- ₹5,000-₹16,000 annual RCMC membership fees
- ₹1,000-₹25,000 one-time admission fees
- 18% GST
- ₹25 lakh proposed annual export-turnover threshold
Why this matters
Marketplace, logistics, and export-enablement firms could use the waiver to target micro-exporters, while monitoring final rules for threshold changes and safeguards against repeated exemption use.
Also reported by
- The Hindu BusinessLine — Same time