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Export promotion councils (ep cs) rohit
 

Export promotion councils (ep cs) rohit

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  • hello rohit,

    the information provided by you was very helpful. can you please mention the exact source of page 1. especially the terms on which govt assistance is dependant? i shall be greatful.
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    Export promotion councils (ep cs) rohit Export promotion councils (ep cs) rohit Presentation Transcript

    • Export Promotion Councils (EPCs)
      • Export Promotion Councils are non-profit organization, registered under the Companies Act or the Societies Registration Act, as the case may be. They are supported by the financial assistance from the central government. It has been made clear by the new EXIM Policy that the support given to the EPCs by the Government, monetary or otherwise, would depend upon:-
      • Effective discharge of the functions assigned to them,
      • Democratization of the membership of the EPCs;
      • Democratic elections of office bearers of the EPCs being held regularly;
      • Timely audit of the accounts of the EPCs.
      • Role Of EPCs: The main role of EPC is to project India’s image abroad as a reliable supplier of high quality of goods and services. In particular, the EPC’s encourage and monitor the observance of International standards and specifications by exporters. The EPCs keep abreast of the trends and opportunities in International market for goods and services and assist their members in taking advantage of such opportunities in order to expand and diversify exports.
    • Functions of Export Promotion Council
      • Registration of exporters and issue of Registration-cum-membership certificate (RCMC) under the EXIM Policy.
      • Providing a forum and link between the government and their members for consideration and implementation of schemes for export production and marketing.
      • Collection and dissemination of information primarily on export opportunities, through various media including newsletters, bulletins, letters, telex, fax, etc.
      • Sponsoring and inviting business delegations, sales teams, study teams for exploring markets for developing export.
      • Arranging distribution or disbursement of raw-materials (inputs), marketing assistance, like IPRS for engineering goods exports, or allocation of scarce items for export production.
      • Fixation of floor price or minimum export price or recommendation thereof to the government.
      • Arranging or participating in buyer seller meets, exports or trade fairs and exhibitions in India and abroad.
    • Contd….
      • 8. Foreign publicity through schemes like Joint Foreign publicity (JFP) in overseas market.
      • 9. Recommending the formulation and implementation of export assistance schemes like fixation of drawback rates.
      • 10. Any other issue covering production and marketing of products under their purview.
      • 11. Allocation of export quota or slips for items like textiles.
    • Issuing Authority for Registration-Cum-Membership Certificate (RCMC)
      • Any exporter/importer may apply to become a member of an EPC and such application shall be considered and disposed of within one month thereof in accordance with the rules and regulations of the EPC.
      • An exporter desiring to obtain a RCMC shall declare his main line of business in the application, which shall be made to the concerned EPC. However, a status holder has the option to obtain RCMC from Federation of Indian Exporters Organization (FIEO). The service providers (except software service exporters) are required to obtain RCMC from FIEO.
      • In addition, an exporter has the option to obtain RCMC from FIEO or any other EPC, if the products exported by him are covered by that EPC. If the export product is not covered by an EPC, then the exporter may obtain RCMC for the said product from the FIEO.
      • In respect of exporters having their head office/registered office in the State of Orissa, RCMC may be obtained from FIEO office in Bhubaneshwar irrespective of the product exported by it.
    • Procedure for the Issue of RCMC
      • An applicant for registration may be made to the concerned registering authority in the form given in the prescribed Aayaat and Niryaat form along with a self certified copy of the IEC number issued by the licensing authority concerned and bank certificate in support of the applicant’s Financial soundness.
      • If the application for registration is granted, the concerned registering authority issues the RCMC indicating the status of the applicant as Merchant Exporter or manufacturer Exporter.
      • In case an exporter desires to get registration as a manufacturer exporter, he is required to furnish evidence in that effect.
      • Validity of RCMC:
      • The RCMC shall be deemed to be valid from 1 st April of the licensing year to in which it was issued and shall be valid for 5 years ending 31 st march of the licensing year, unless otherwise specified.
    • RCMC is a must for EXIM Benefits
      • Any person, applying for the following is required to furnish RCMC issued by the competent authority:
      • A license/certificate/permission to import/export, {except items listed as restricted items in ITC (HS)}.
      • Any other benefit or concession under Foreign Trade Policy.
      • Deregistration:
      • The registering authority may deregister an RCMC holder for a specified period for violation of the conditions of registration. Before, such de-registration, the RCMC holder should be given a show cause notice by the Registering Authority and an adequate and reasonable opportunity to make a representation against the proposed deregistration. The concerned Export Promotion Council also intimates the same to all the licensing authorities.
      • Appeal against Deregistration:
      • A person aggrieved by a decision of the registering authority in respect of any matter connected with the issue of RCMC may prefer an appeal to the Director General for Foreign Trade (DGFT) or an officer designated in this behalf within 45 days against the said decision and the decision of the appellate authority should be final.
      • Some of the EPCs are:
      • Agricultural and Processed Food Products Export Development authority (APEDA).
      • Basic chemicals, pharmaceuticals and Cosmetics Export Promotion Council.
      • Cashew Export Promotion Council.
      • Cotton Textiles Export Promotion Council.
      • Council for Leather Exports.
      • Carpet Export Promotion Council.
      • Export Promotion Council for handicrafts.
      • Non-profit, autonomous and Professional Bodies
      • The EPCs are non-profit organizations registered under The Companies Actor the Societies Registration act, as the case may be.
      • EPCs shall be autonomous and regulate their own affairs. However, the Central Government frames uniform byelaws for the constitution and/or for the transaction of business for EPCs, they shall adopt the same with such modifications as central government may approve having regard to the special nature or functioning of such EPC. The EPCs shall not be required to obtain the approval of the Central Government for participation in trade fairs, exhibitions, etc., and for sending sales teams/delegations abroad. The Ministry of Commerce and Industry/ministry of Textiles of the Government of India, as the case may be, would interact with the managing committee of the council concerned, twice a year, once for approving their annual plans and budgets and again for a mid-year appraisal and review of their performance.
      • In order to give a boost and impetus to exports, it is imperative that the EPCs functions as professional bodies. For this purpose, executives with a professional background in commerce, management and International marketing and having experience in government and industry should be brought into the EPCs.
      • The EPCs may be provided financial assistance by the Central Government.
    • Export Promotion Council for Services
      • Services include all the 161 tradable services covered under The General Agreement on Trade in Services (GATS) where payment for such services is received in free foreign exchange. All provisions of the Foreign Trade Policy 2004-09 shall apply mutatis mutandi to export of services as they apply to goods, unless otherwise specified.
      • Until now, the service exporters are required to register with the FIEO and the software exporters with the Electronic and Software Export Promotion Council.
      • In order to give proper direction, guidance and encouragement to the services sector, an exclusive Export Promotion Council for services has been proposed to be set up under the Foreign Trade Policy 2004-09.
    • Functions of the Services Export Promotion Council
      • Map opportunities for key services in key markets and develop strategic market access programmes for each component of the matrix.
      • co-ordinate with sectoral players in undertaking intensive brand building and marketing programmes in target markets.
      • Make necessary interventions with regard to policies, procedures and bilateral/multilateral issues, in co-ordination with recognized nodal bodies of the services industry.
      • Common Facility Centres:
      • The foreign trade policy 2004-09 has also proposed setting up of the establishment of Common Facility Centres for use by home-based service providers, particularly in areas like Engineering and Architectural design, Multi-Media operations, software developers, etc., in State and District level towns, to draw in a vast multitude of home-based professionals into the services export arena.