Implementation of Risk Management System (RMS) for remaining Export Promotion Schemes

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....ssued two Public Notices viz., 68/2006 dated 26.05.2006 and 70/2007 dated 16.05.07, vide which elaborate instructions have been issued as to how the assessment, examination, out of charge and post-clearance audit of the Bills of Entry have to be carried in respect of facilitated and non-facilitated bills of entry. It has now been decided to extend RMS to cargo covered by the import declarations under various export promotion schemes, w.e.f. 30th March 2009, which include: (i) Advance License Scheme (ii) Duty Exemption Entitlement Certificate (DEEC) Scheme (iii) Export Promotion Credit Guarantee (EPCG) Scheme (iv) Duty Free Entitlement Credit Certificate to Status holders (v) Duty Free Certificate....

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....registration number, which has to be quoted in the Licence column at the time of filing the Bill of Entry. As regards the Procurement Certificates (under 100% EOU) and Export Orders (under notification no. 32/97 dated 1/4/1997), the sections associated with the Appraising Groups have been directed to maintain a register and record the details of imports under the cover of the same. Further, the procedures as laid down in the Public Notice No. 42/20002 dated 14.02.2002, for registration of Bond and BG, wherever required, will continue to be followed as has been the practice in Pre-RMS scenario. 4. As regards, Imports under the EOU Scheme, in the pre-RMS scenario, the Procurement Certificates (PC) addressed to the Asst Commissioner is brou....