Updated on July 06, 2024 11:52:03 PM
Service Export Promotion Council (SEPC) is the apex trade body that helps Indian service exporters. It also takes part in making government policies and acts as a single way for the service industry and the government.
SEPC is a link between Indian companies and the rest of the world. It is the hub for both Indian and foreign companies looking for business opportunities in India under Mode-1, Mode-2, Mode-3, and Mode-4 of services trade.
It also helps foreign delegates who are looking for better services at lower prices than in other countries. These people can contact SEPC directly to get information about service providers in India.
We, the team at Professional Utilities, provide you with better service support so you can run your business without any legal constraints at a relatively low cost and with hassle-free procedures.
With free expert consultation from our team, professionals render a remarkable contribution in establishing trade and commercial businesses to hold more safety norms and standards.
SEPC Certificate Sample
SEPC Registration, or Service Export Promotion Council, is a process that helps Indian service exporters by providing a registration and membership certificate, i.e., RCMC. A license allows a company to export and receive certain concessions under the country's foreign trade policy. SEPC is established by the Ministry of Commerce and Industry, Government of India, to promote and develop export services. SEPC Registrations are available for service exporters looking to expand their business globally and take advantage of various perks provided by the Indian government.
Eligibility criteria that must be followed for SEPC RCMC.
These are list of documents required for SEPC rcmc registration
The cost of getting an RCMC from SEPC can vary on the basis of category of business structure:-
| Membership category | Membership fee |
|---|---|
| Individual Ordinary Members (Proprietorship/Partnership) |
Rs. 7,500 as annual membership fee + Rs. 1350 (GST 18%) Rs. 5,000 as one-time admission fee + Rs. 900 (GST 18%) =Total Rs. 14,750/- |
| Institutional/Corporate Members (All Pvt. Ltd. or Public Limited Companies, Associations, Institutions etc.) |
Rs. 20,000 as annual membership fee Rs. 3600 (GST 18%) Rs. 15,000 as one-time admission fee + Rs. 2700 (GST 18%) = Total Rs. 41,300/- |
The registration cum membership certificate is valid up to the period of one calendar year only starting from 31st of March each year.
| Membership categories | Renewal Fees |
|---|---|
| Individual Ordinary Members (Proprietorship/Partnership/LLP) | Rs. 8850/-Membership renewal fee. (Incld. 18% GST) |
| Institutional/Corporate Members (All Companies, Associations, Institutions, Trust etc.) | Rs. 23600/-Membership renewal fee.(Incld 18% GST) |
You can get your Service export promotion council registration cum membership certificate in just 3 simple steps
Step 1:
Provide required documents
Step 2:
Submission application & fee
Step 3:
Issuance of RCMC certificate
The SEPC certificate is the type of certificate that enables trading across countries. To obtain SEPC registration, an applicant needs to undergo certain procedures under which facilitation of trade and commerce is enabled across foreign countries. We, the team of professionals, will help you reach out with your queries and all related doubts regarding the SEPC Certificate.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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SEPC acts as a bridge connecting Indian firms with global markets. Serving as a central platform, it facilitates business ventures for both domestic and international companies seeking opportunities in India across Mode-1, Mode-2, Mode-3, and Mode-4 service trades.
SERVICES EXPORT PROMOTION COUNCIL
SEPC serves as a liaison between the Government and Industry, offering policy recommendations, addressing industry concerns, and offering insights into global markets, including existing and emerging opportunities, challenges, and regulatory landscapes.
Obtaining the Registration-Cum Membership Certificate (RCMC) is essential for availing export incentives and subsidies under schemes such as SEIS, Advance License, EPCG, etc. It's a prerequisite document for claiming these benefits.
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