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of <h1>Indian Customs Revolutionizes Trade with Risk Management System, Streamlining Processes and Balancing Facilitation and Enforcement.</h1> The Risk Management System (RMS) in Indian Customs is a pivotal reform aimed at enhancing efficiency in customs processes by balancing facilitation and enforcement. It addresses the challenges posed by increasing international trade volumes and security concerns, moving away from traditional scrutiny methods. RMS expedites cargo release for compliant traders, reducing transaction costs and dwell time. It has evolved to include post-clearance audits, exports, and integrated risk management. The system uses electronic processing to determine the need for appraisement or examination of goods. Automated clearance and post-clearance audits further enhance trade facilitation and compliance monitoring.
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