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.
DGFT proposes exempting export consignments up to ₹10,000 FOB from RCMC requirements, supporting micro-exporters and e-commerce. Exporters welcome lower compliance costs but say the threshold is too low and seek safeguards against misuse through unlimited qualifying consignments.
Why this matters
No related recent DGFT signals are listed. The proposal targets lower RCMC compliance burdens for small export consignments, particularly for micro and e-commerce exporters.
Retail-company signals are accelerating, up 948000% QoQ.
Also reported by
- The Hindu BusinessLine — Same time