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Indian Skill Export Promotion Council

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Everything You Need to Know About ISEPC Registration for Indian Silk Exports Promotion Council

 

The Indian Silk Export Promotion Council (ISEPC) was established in 1983 as a premier organization for silk exporters, manufacturers, and merchandisers. Operating as a not-for-profit entity under the Companies Act.

 

ISEPC is sponsored by the Ministry of Textiles, Government of India. In recognition of the significance of the silk and allied silk product industry, the Government of India has recently declared it as a priority sector.

 

ISEPC works closely with the Government of India to formulate 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 committed 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 welcomes any exporter of Silk and other allied Silk products to become an Ordinary Member. As an ordinary member, you will have access to 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 subsidized and general annual export promotion activities of the Council. By joining as an ordinary member, you will be able to take advantage of the Council's extensive resources and support to grow your business and expand your export opportunities.

 

 

 

Documents Required for Registration

 

 

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

 

 

 

 

 

Fee for ISEPC registration

 

The cost of ISEPC membership for the merchants and manufacturer exporters of silk products and its allied goods is 9,440 INR respectively.

 

 

 

How to apply for ISEPC RCMC registration

 

                            1. Log in to the DGFT portal: Once you have created an account using IEC code. you will be able to log in to the DGFT portal using your login credentials.
                            2. Apply for RCMC registration: Once you have logged in, you will need to navigate to the RCMC registration section of the portal. Here you will be prompted to fill in an application form with details such as your company name, address, and PAN number.
                            3. Upload supporting documents: You will also need to upload supporting documents such as PAN card, GST registration certificate, and certificate of incorporation.
                            4. Submit the application: Once you have completed the application form and uploaded all the required documents, you can submit the application
                            5. Approval process: After submitting the application, it will be reviewed by the authorities. Once it is approved, you will receive an RCMC.

 

 

 

 

Activities of ISEPC

 

                            1. Explore markets and identify items offering export potential by conducting market surveys.
                            2. Establish contacts with the prospective buyers to generate their interest in Indian Silk products.
                            3. Sponsor trade delegation, study teams and sales teams to various markets abroad.
                            4. Organize Buyer Seller Meets for its member exporters.
                            5. Organize Silk fairs and exhibitions in India.
                            6. Participate in trade fairs and exhibitions abroad.
                            7. Resolve trade disputes.
                            8. Launch generic promotion of silk products from India.
                            9. Organize Workshops/Seminars on various trade and policy related issues.

 

 

Benefits of ISEPC registration

 

  1. Access to government schemes and subsidies
  2. Participation in trade fairs and exhibitions
  3. Networking opportunities with other industry players
  4. Assistance with market research and export promotion

 

 

 

Compliance for ISEPC registered exporters

 

  1. Standards and quality control measures
  2. Customs and export regulations
  3. Compliance with international trade laws
  4. No child labour should be used at any stage of manufacturing/production
  5. 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 counci

 

 

 

Conclusion

 

 To put it simply, joining the Indian Silk Export Promotion Council (ISEPC) can be extremely beneficial for those in the silk product export industry. Not only does it give access to a plethora of information and services related to exporting, but it also allows for participation in trade fairs and networking opportunities with other industry leaders.

 

Furthermore, ISEPC membership may even come with financial perks such as export credit and subsidies, which can ultimately lead to a reduction in exporting costs and an increase in global market competitiveness. All in all, becoming a member of ISEPC can make navigating the silk export market a smoother process and greatly benefit a business.