As in previous blog we have discussed the importance, role and benefits of registration with export promotion councils (EPC), in this blog we will discuss the registration process of EPC.
1. Each EPC represents a different fraternity of business with different markets. Thus, you need to first know which EPC to register for so as to reduce the wastage of efforts and time. After, identification of the related EPC the applicant need to fill up the form for the EPC. It is to be kept in mind that no area to be left blank, if the information asked is not related please write Not Applicable or NA.
2. The applicant can register with EPC as a merchant exporter or manufacturer exporter. Depending upon the operations one should register accordingly. If registering as a Manufacturer Exporter the EPC will ask for factory licence/ registration with concerned DC or MSME or any state authority certifying the manufacturing. For registration as Merchant Exporter no document is required.
3. The applicant need to provide the details of the export business for last 2/3 years. If not traded then write NA.
4. A DD or multi city cheque of the specified amount is required to be submitted to the main office or regional office (please confirm the acceptance of cheque from the EPC before applying)
5. The registration in any EPC is valid from 1st April to 31st March of following year. That means even if registering in Feb the membership has to be renewed in next month with full renewal fees.
6. Depending upon the EPC, the time taken for registration after receiving correct application is somewhere around 15 to 30 days. Thus refrain from starting the registration process in the month of Feb as it would be an economical loss.
7. Fees once submitted whether with correct or incorrect application form is valid only till 31st March. This means if the process is initiated in January and fees submitted to the EPC and because of some reasons/ mistakes the registration could not be completed before 31st March (fault at applicant side), then the fees is required to be submitted again.
8. EPC would require a board resolution on the letter head of the company, approving application to the EPC and authorizing a representative to be the authorized signatory.
9. Two sets of self certified PAN, Certificate of Incorporation and MOA & AOA is required to be submitted.
10. The duly completed form signed by the director/prop and authorized signatory (wherever required) needs to be submitted either in person or by post/courier.
11. Please be sure to that the application should be correct in all senses.
12. And lastly a cover letter letter listing all the documents enclosed and request to register with EPC.
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