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of <h1>New Guidelines Set Up National Risk Management Committee for Customs and GST with DGARM as Nodal Agency.</h1> The revised guidelines establish the National Risk Management Committee (NRMC) for Customs and GST, with the Directorate General of Analytics and Risk Management (DGARM) as the nodal agency. The NRMC, chaired by a CBIC member, will oversee risk management systems, review risk parameters, and suggest improvements. It will convene annually to address emerging risks and enhance risk management strategies. Local Risk Management Committees (LRMCs) will operate in each Customs and CGST zone, meeting quarterly to assess local risk indicators and provide feedback. The guidelines aim to improve the effectiveness of risk management in Customs and GST operations.
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