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of <h1>Rune Customs Implements Risk Management System for Exports to Streamline Compliance and Expedite Processes Effective February 15, 2019.</h1> The circular outlines the implementation of the Risk Management System (RMS) for exports under the jurisdiction of Rune Customs, effective from February 15, 2019. The RMS aims to balance facilitation and enforcement, promoting compliance and expediting export processes. It will process Shipping Bills for assessment and examination, with a focus on quality assessment and Post Clearance Audit (PCA). The system will facilitate low-risk consignments based on self-assessment, reducing transaction costs and dwell time. Exporters and Custom House Agents must ensure accurate declarations and compliance with Compulsory Compliance Requirements (CCRs) to benefit from the system's facilitation.
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