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In the context of export-import procedures and documentation, the statement highlights a significant relaxation in formalities for exporters. Traditionally, the Registration-cum-Membership Certificate (RCMC) issued by export promotion councils or commodity boards has been a prerequisite for availing certain policy benefits, incentives, and schemes under the Foreign Trade Policy. RCMC serves as proof of registration with the concerned export promotion council and is often ____ __________ _________ ____ __________.
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