Export license for Indian Silk

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Export license for Indian Silk

What is it?

The Indian Silk Export Promotion Council (ISEPC) issues a Registration-cum-Membership Certificate (RCMC) as the license for Indian silk export. ISEPC, which was established in 1983 under the Ministry of Textiles, Government of India, is the authorized entity responsible for the promotion and regulation of the global export of Indian silk and allied silk products. This license certifies a business as a recognized exporter, allowing it to legally export silk products and participate in government export initiatives.

Key Topic Index

Export license for Indian Silk
What is ISEPC (Indian Silk Export Promotion Council)?
Significance of the License
Advantages for Importers and Exporters
Registration Procedure
Documents Required
Frequently Asked Questions (FAQs)
Why you should choose Make Merchant to register your business?

What is ISEPC (Indian Silk Export Promotion Council)?

The Indian Silk Export Promotion Council (ISEPC) is a government-sponsored organization established by the Ministry of Textiles, Government of India, in 1983.

ISEPC's main objective is to promote and facilitate the export of silk and silk-blended products from India to international markets. It acts as a bridge between Indian silk exporters and global buyers, helping Indian silk producers, artisans, and traders showcase their products worldwide.

It represents exporters of:

Natural silk fabrics & garments
Silk carpets & furnishings
Silk-blended textile products
Silk-made accessories & handicrafts

Significance of the License

It is imperative for all silk product exporters to possess this license. It serves as a mandatory certification that ensures adherence to government export policies and contributes to the establishment of trust and authenticity in the global marketplace. The license also qualifies exporters for various export incentives and benefits, which are essential for the reduction of costs, the enhancement of competitiveness, and the expansion of international reach.

Advantages for Importers and Exporters

Access to Government Export Incentives: Exporters who are enrolled with ISEPC have the opportunity to participate in various lucrative programs, including the Merchandise Exports from India Scheme (MEIS), Advance License, Export Promotion Capital Goods (EPCG), and Market Access Initiative (MAI). These programs streamline the importation of capital products necessary for production, offer subsidies, and lower duties.
International Market Exposure: The council facilitates and encourages participation in international trade fairs, exhibitions, and buyer-seller meetings, thereby providing a platform for Indian silk products to be presented to global consumers.
Support for Trade Facilitation: ISEPC provides assistance with export documentation, customs clearances, quality certifications, and compliance with international standards. This streamlines the export procedure and mitigates delays.
Training and Skill Development: Exporters acquire advantages from workshops and seminars that enhance the quality of their products, marketing strategies, and export best practices, thereby increasing the international competitiveness of Indian silk products.
Industry Representation and Networking: Membership provides the opportunity to establish connections with international buyers, policymakers, and industry executives. The council is a vocal advocate for the silk exporters' interests in government forums and trade organizations.
Financial Advantages: In addition to export incentives, exporters may utilize export credits and other financial initiatives to facilitate expansion and working capital.
Quality Improvement and Certification: ISEPC promotes the adoption of global quality standards and offers assistance in certification processes such as ISO and eco-labeling, which enhance customer confidence.

Registration Procedure

To export silk, businesses are required to acquire membership through the Registration-cum-Membership Certificate (RCMC) of the Indian Silk Export Promotion Council. This certification is indispensable for participating in the council's promotional activities and accessing government export benefits. Businesses may register for this license by submitting the requisite documents and fees through official portals or with the assistance of professional consultants who guarantee a seamless process.

Documents Required

Import Export Code (IEC) issued by DGFT
PAN Card of the business or proprietor
Proof of business registration (Certificate of Incorporation, Partnership Deed, etc.)
Verification of bank details (cancelled cheque or bank certificate)
Photographs of business proprietors or directors that are the size of a passport
Export performance statistics, if applicable
Digital signatures of authorised person

Frequently Asked Questions (FAQs)

The RCMC license is valid for five years, with the requirement for periodic renewal to remain active.

Any exporter or manufacturer dealing with Indian silk and allied products must obtain this license to qualify for export incentives.

The current registration fee is approximately Rs. 9,440 for both merchant and manufacturer exporters.

Yes, there is no minimum turnover requirement, allowing businesses of all sizes to benefit from ISEPC membership.

Members can avail benefits like duty drawbacks, access to export credit, participation in international exhibitions, and government subsidies.

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In summary,

The Indian Silk Export Promotion Council license is a key requirement for Indian silk exporters looking to thrive in global markets. It ensures compliance with government regulations, opens access to significant export incentives, and enhances credibility with international buyers. MAKE MERCHANT is dedicated to assisting businesses in obtaining this critical license effortlessly and maximizing the growth and export potential of Indian silk products on the world stage.

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