EDPMS and IDPMS reporting mandates authorised dealers to enter and reconcile export, import and remittance records within prescribed timeframes.

EDPMS and IDPMS reporting requires Authorised Dealers to enter export, import, service and remittance details promptly, monitor transactions to close outstanding entries, mark off exports after realisation and imports after payment, and to close or update merchanting trade entries only after verifying receipt and payment for both legs; simplified reconciliation for small value entries permits closure on exporter/importer declarations, including consolidated quarterly declarations.

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