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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Indian Customs Launches Risk Management System for Exports at LCS Raxaul and Jogbani, Effective February 23, 2015.</h1> The circular outlines the implementation of the Risk Management System (RMS) for exports under the Indian Customs EDI System (ICES), effective from February 23, 2015, at LCS Raxaul and LCS Jogbani. The RMS will be implemented in two phases, initially for selecting Shipping Bills for assessment and examination, and later for Post Clearance Audit (PCA) and drawback sanction. The system aims to balance facilitation and enforcement, expedite compliant cargo clearance, and reduce transaction costs. Exporters and Custom House Agents (CHAs) are advised to ensure complete and accurate documentation to benefit from reduced dwell time and enhanced facilitation.