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ISEPC Registration in India

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ISEPC Registration for Indian Silk Exports | Everything You Need to Know

The Indian Silk Export Promotion Council (ISEPC) was founded in 1983 as a non-profit organization for silk exporters, manufacturers, and merchandisers. It is sponsored by the Ministry of Textiles, Government of India, and operates under the Companies Act. The Indian government has recently designated the silk and allied silk product industry as a priority sector in recognition of its significance.

 

ISEPC works closely with the Indian government to develop policies that support the growth and development of the silk sector. It provides specialized services to the trade, commerce, and industry that are aimed at expanding global business opportunities for the Indian silk industry.

 

ISEPC is dedicated to promoting the export of Indian silk and silk-based products, and to providing a platform for Indian silk exporters to network, exchange ideas, and showcase their products to the world.

Eligibility for ISEPC registration

The Indian Silk Export Promotion Council invites all silk and allied silk product exporters to become ordinary members. As an ordinary member, you will be able to take advantage of a wide range of benefits and services provided by the Council, as announced by the Government of India from time to time.

 

These benefits include the opportunity to participate in the Council’s subsidized and general annual export promotion activities. By becoming an ordinary member, you will be able to benefit from the Council’s extensive resources and support to grow your business and expand your export opportunities.

Documents required for registration

  1. MoA & AoA in case of companies
  2. Pan detail as applicable
  3. Copy of Importer-exporter code
  4. Proof of manufacturer – exporter if required
  5. Partnership deed in case of partnership firm
  6. Gst detail
  7. Certificate from bank in support of applicants financial soundness

Fee for ISEPC registration

The membership fee for ISEPC is 9,440 INR for merchants and manufacturers/exporters of silk products and its allied goods.

How to apply for ISEPC RCMC registration

  1. Log in to the DGFT portal: Once you have created an account with your IEC code, you will be able to access the DGFT portal by logging in with your username and password.
  2. Apply for RCMC registration: After logging in, go to the RCMC registration section of the portal. You will be asked to complete an application form with information such as your company name, address, and PAN number.
  3. Upload supporting documents: You will also be required to upload supporting documents such as a PAN card, GST registration certificate, and incorporation certificate.
  4. Submit the application: After you have finished filling out the application form and uploaded all the necessary documents, you can submit your application..
  5. Approval process: Upon submission, the application will be reviewed by the authorities. Once it is approved, you will be issued an RCMC.

Activities of ISEPC

The following are the activities that the Indian Silk Export Promotion Council (ISEPC) undertakes to promote the export of silk products from India:

  • Conduct market surveys to identify new markets and products with export potential.
  • Establish contacts with potential buyers to generate interest in Indian silk products.
  • Sponsor trade delegations, study teams, and sales teams to various markets abroad.
  • Organize Buyer-Seller Meets for its member exporters.
  • Organize silk fairs and exhibitions in India.
  • Participate in trade fairs and exhibitions abroad.
  • Resolve trade disputes.
  • Launch generic promotion of silk products from India.
  • Organize workshops/seminars on various trade and policy related issues. 

Benefits of ISEPC registration

  • Government schemes and subsidies
  • Trade fairs and exhibitions
  • Networking with industry players
  • Market research and export promotion

Compliance for ISEPC registered exporters

  • Quality assurance and control measures
  • Customs and export regulations
  • Compliance with international trade laws
  • No child labor should be used at any stage of manufacturing/production
  • Monthly returns of exports, including NIL returns

Note:- Non compliance with above mentioned code of conduct can lead to the cancellation of registration with the ISEPC council.

Conclusion:

Joining the Indian Silk Export Promotion Council (ISEPC) can be quite advantageous for those in the silk product export industry. It provides access to a wide range of information and services related to exporting, as well as the opportunity to participate in trade fairs and network with other industry leaders. Additionally, ISEPC membership may include financial benefits such as export credit and subsidies, which can ultimately lead to lower exporting costs and increased global market competitiveness. Overall, becoming a member of ISEPC can make navigating the silk export market a smoother process and provide significant benefits to a business.

FAQs

ISEPC, an acronym for Indian Silk Export Promotion Council, is a statutory organization that oversees the export of silk products from India.

The cost of registering as a member of ISEPC is 9,440 Indian rupees.

Merchants and manufacturers who export silk and its products are required to have a registration cum membership certificate.

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