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In India, the chemical sector is extending daily and delivers more than 80,000 different types of chemical goods. India is quickly surpassing China as the third-largest producer of chemicals in Asia, and the broad range of chemicals made there can be divided into three categories: basic chemicals, specialty use chemicals, and agricultural chemicals.
CAPEXIL promotes multiple chemical products in India and has more than 3500 members. Like other export councils, CAPEXIL aids exporters and confronts many marketing endeavors, including sending trade brokers to developed and developing countries worldwide and establishing trade delegations to these markets.
To facilitate the export of Chemical & Allied Products from India, its Ministry of Commerce established CAPEXIL, also known as the Chemical & Allied Export Promotion Council, in March 1958. The CAPEXIL Certificate’s immediate goal is to allow chemical product exporters to promote the export of chemicals and affiliated goods to various foreign markets. The chemical and associated goods industry systematizes all the businesses and facilities that generate chemicals. Due to the many essential chemicals for day-to-day life, the chemical industry is one of the fundamentals of modern life.
Membership in the council is categorized into two, which you may see below:
Note: The person mentioned above or the institution must have been an associate member for at least three years. In the case of small-scale industries, the person or the organization they represent should have had an annual average export commission of most nominal Rs. 10 lakhs and most nominal Rs. 25 lakhs, respectively.
The following edges are provided by the council to registered CAPEXIL members:
The following essential papers must be scanned and uploaded by the applicant to get a CAPEXIL Certificate:
Traders that want to receive a CAPEXIL Certificate must adhere to the following rules:
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The Chemical & Allied Export Promotion Council, is the central organization for setting the laws and limitations for importing chemicals and related goods.
EPC's job is to boost India as the top country for the export of high-quality goods and services.
The regional offices of CAPEXIL are located in Mumbai, Chennai, and Delhi, while the CAPEXIL headquarters are in Kolkata.
The Ministry of Commerce & Industry, Government of India, sponsors CAPEXIL.
It acts as a middleman to raise business ties between Indian and overseas exporters and offers two-way services to facilitate international trade.
The CHEMEXCIL council of India requires that all exporters of chemicals and their corresponding goods possess an electronic registration cum membership certificate (e-RCMC). How much does it cost to purchase CHEMEXCIL-RCMC? The cost is INR 1,500 plus 18% GST for new manufacturer exporters with no export turnover.
The Export Promotion Council's RCMC certificate enables exporters to participate in growth-oriented programs listed in the Foreign Trade Policy. Once registered, RCMC holders can take advantage of inexpensive shipping costs, no import duties on materials needed to make exportable items and smooth transportation of goods.
Registration-Cum Membership Certificate (RCMC). It verifies an exporter who deals in goods registered with a body authorized by the Indian Government.
The Department of Commerce has administrative jurisdiction over fourteen export promotion councils. In Annexure 1.2, the names and addresses of these Councils are listed. According to the Companies Act/Societies Registration Act, these Councils are registered as non-profit institutions.
Defined, RCMC is dedicated to exports, while IEC is focused on both imports and exports of products. Therefore, to conduct import and export exercises in India, both IEC and RCMC are needed. Even though RCMC wasn't required in the past, obtaining the license authorized the company to take advantage of many government incentives.