Local risk management committees govern targeted interventions, assessments, examinations and reporting to manage clearance risks in trade. The Local Risk Management (LRM) Committee at each Customs House, Air Cargo Complex or ICD where RMS operates is headed by the Commissioner and includes ... Summary
Local risk management committees govern targeted interventions, assessments, examinations and reporting to manage clearance risks in trade.
The Local Risk Management (LRM) Committee at each Customs House, Air Cargo Complex or ICD where RMS operates is headed by the Commissioner and includes the Local Risk Manager, Audit head and nominees from DRI and Valuation. Meeting monthly, it identifies risk indicators from import and valuation trends, decides targeted interventions for assessment, examination and post-clearance audit, reviews and modifies ongoing measures, evaluates RMS performance, and sends periodic reports to the national coordination centre with Principal Commissioner/Commissioner approval.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
