• ●DGFT has amended Para 2.57 of the Foreign Trade Policy 2023: no RCMC or Certificate of Registration for export consignments of FOB value up to Rs 3 lakh.
• ●Above Rs 3 lakh the certificate is still required wherever the policy otherwise demands it.
• ●Rationale (2021-22 to 2025-26): consignments up to USD 3,000 are 43 per cent of shipping bills but 0.86 per cent of merchandise export value.
• ●RCMC is issued by Export Promotion Councils and Commodity Boards - 26 EPCs and nine boards are registering authorities - and runs for five financial years.
• ●Electronic filing on the DGFT common digital platform is mandatory since 1 April 2022.
• ●DGFT is an attached office of the Ministry of Commerce & Industry; FTP 2023 took effect 1 April 2023 with no fixed end date, under the FT (Development and Regulation) Act, 1992.
• ●Beneficiaries: MSMEs, artisans and first-time exporters shipping by post, courier and e-commerce, who join an EPC once consignments cross the threshold.

Consider the following statements about the Registration-cum-Membership Certificate (RCMC) exemption notified in September 2026: 1. It applies to export consignments with a Free-on-Board value up to Rs 3 lakh. 2. Exporters whose consignments exceed that value are also exempted, provided the goods are shipped through postal or courier channels. Which of the statements given above is/are correct?