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of <h1>India Launches Risk Management System in Major Customs Locations to Streamline Imports and Enhance Compliance.</h1> The circular announces the introduction of the Risk Management System (RMS) in major Customs locations in India to streamline the import process. RMS aims to selectively screen high-risk cargo, reducing the need for routine assessments and examinations. It replaces concurrent audits with Post-Clearance Compliance Verification to enhance compliance and reduce cargo dwell time. The system processes electronic Bills of Entry and determines the need for further action. Local and national management structures are established for RMS, necessitating staff reorganization. Existing facilitation schemes will be phased out as RMS is implemented. Training for officers will be provided to manage RMS effectively.
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