As per the Foreign Trade Policy, exporter is required to get a Registration-cum-Membership Certificate (RCMC) for availing various benefits under the Foreign trade Policy. (i.e. MEIS, SEIS, EPCG, etc.)
RCMC is not required for Import. Instead RCMC is required for Exports.
It is a membership with Export Promotion Council (EPC). EPC is a body under Government of India, which has been given the task of Promoting Exports. This Body organizes various Trade shows, Helps Exporting Community with their problems, acts as a connection between Exporting Community and Government.