Ministry of MSME's Scheme for reimbursement of 75% of the RCMC charges

11^th Oct 2022

Dear· Member,

Sub: Ministry of MSME’s Scheme for reimbursement of 75% of the RCMC charges

We are happy to inform you that, to help the Micro & Small Enterprises (MSEs) in their endeavors, SRTEPC has signed an MoU on September 20, 2022, with the Ministry of MSME for implementing Capacity Building of First Time Exporters (CBFTE) under International Cooperation Scheme for reimbursement.

As per the MoU, the RCMC charges/ Fees paid by the first-time MSE exporters for registration with SRTEPC on or after 20.09.2022 will now be eligible for reimbursement from the Ministry of MSME subject to fulfilment of conditions/eligibility.

Reimbursement to MSEs
The grant under the scheme will be released to SRTEPC by the Ministry of MSME, on submission of the reimbursement claim in the proforma accompanied by the documents as prescribed by the Ministry. The amount received from the Ministry of MSME, will then be transferred by SRTEPC to the beneficiaries.

The eligibility criteria for availing the benefits under the scheme are

1. Micro and Small Enterprise (MSE) with valid Udyam Registration.
2. The applicant’s Importer Exporter Code (IEC) must not be older than 3 years on the date of export shipment.
3. MSE shall be eligible for refund of 75 percent of the cost paid subject to a maximum of Rs. 20,000/- or actual, whichever is lower.

Documents required

1. IEC Code not more than 3 years old on the date of export shipment
2. RCMC fee receipt for the current financial year
3. Cancelled cheque of the firm
4. Proof of export carried out in the same financial year for which RCMC is claimed. This should be duly certified by the Chartered Accountant.

Please note that the above documents should be clear and visible as it is required to be upload on the Ministry’s website for claiming the RCMC charges refund.

A format is attached herewith which will be required to send by the Member to SRTEPC office duly filled in and signed by the member company/firm with stamped.

If you want to avail the benefit of this Scheme, please send the documents in the PDF format to our office with whom you are registered so that they can scrutinize according to the Scheme and send to us for uploading the same in the software specifically meant for this purpose for reimbursement.

Please note that the reimbursement will be made after the approval and receipt of grant from the Ministry of MSME. The reimbursement claim will be disbursed on a quarterly basis.

We hope that this scheme will help the Micro & Small Enterprises in their endeavors. In case of any query/clarification, you may write to Mr. Rafique Nagori, Sr Executive, Membership Dept. SRTEPC at rafique@srtepc.in / 022-62318282.

With regards,

S. Balaraju
Executive Director

Encl: Annexure K (Claim Form) Click to download (pdf)) or (word format)