SF Prep Notes

DGFT exempts export consignments up to ₹3 lakh from RCMC requirement

On 16 September 2026, the government introduced a de minimis exemption so that export consignments with a Free-on-Board (FOB) value of up to ₹3 lakh no longer need a Registration-cum-Membership Certificate (RCMC) or Certificate of Registration.

Summary

The Directorate General of Foreign Trade (DGFT) amended Para 2.57 of the Foreign Trade Policy, 2023 to bring in the RCMC exemption for small-value export consignments. Consignments above ₹3 lakh still need a valid RCMC or Certificate of Registration where required. The aim is to cut compliance for MSMEs and first-time exporters, especially those shipping through postal, courier and other emerging channels. Data for 2021-22 to 2025-26 show that consignments up to USD 3,000 made up 43% of shipping bills but only 0.86% of India's merchandise export value.

Key facts

Measure
RCMC/Certificate of Registration not needed for exports up to ₹3 lakh FOB
Issued by
DGFT — amendment to Para 2.57, Foreign Trade Policy 2023
Above ₹3 lakh
RCMC still required where applicable
Rationale
Consignments up to USD 3,000 = 43% of shipping bills, 0.86% of export value
Beneficiaries
MSMEs, first-time exporters, postal/courier exports

Practice MCQs 2 questions

Q1

Up to what FOB value are export consignments exempted from the RCMC requirement under the September 2026 change?

Show answer

Correct answer: D — ₹3 lakh

Export consignments with FOB value up to ₹3 lakh no longer need an RCMC or Certificate of Registration.

Q2 Advanced

Which paragraph of the Foreign Trade Policy, 2023 did the DGFT amend to bring in the RCMC exemption?

Show answer

Correct answer: C — Para 2.57

The DGFT amended Para 2.57 of the Foreign Trade Policy, 2023.

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