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of <h1>Risk Management System for Export Clearance Launches February 15, 2019, to Enhance Efficiency and Compliance at Ports.</h1> The circular announces the implementation of the Risk Management System (RMS) for exports at various ports starting February 15, 2019. The RMS aims to balance facilitation and enforcement, promoting compliance by expediting clearance of compliant export cargo. It processes Shipping Bills through the Indian Customs EDI System to determine whether bills require verification or can proceed directly to export. The system is designed to reduce transaction costs and enhance competitiveness by enabling quick clearance of low-risk consignments based on self-assessment. Exporters and Custom House Agents must ensure accurate declarations and compliance with Compulsory Compliance Requirements to benefit from reduced dwell time.
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