Risk Management System (RMS)

What is RMS in import?


Risk Management System (RMS) as a measure of trade facilitation and for selective screening of only high risk cargo for customs examination. Such systems provide a special customs clearance procedure for authorized persons who have good track record and meet specified criteria identified by the Customs.

The typical methodologies of import customs clearance do not work in global security scenario after globalization of trade. RMS is a great change in traditional approach of import customs clearance procedures like scrutinizing each document, examining every consignment etc. This strategy enormously beneficial as it minimize dwell time and reduce the transaction costs hence increase the competitiveness of businesses, by accelerating the process of cargo clearance where compliance is high.

In Risk Management System – RMS, obligation of filing correct declaration is with the importer. This facility is introduced where Electronic Data Interchange (EDI) is available. The importer can assess the value by classifying and entering details of chapter, benefits, value etc. No assessment or inspection is carried out under this system. This method of clearance is under Risk Management System (RMS).  If the importer filed wrong entry in Risk Management System, re-assessment and inspection are carried out at later stage, sometimes even after customs clearance at customs station or at importer’s premises depends up on the nature of audit.



Learn Exports Imports Free, Click here

Click here to know GST rate of your goods or service

How to obtain a duplicate BL, if original bill of lading lost.

How to obtain GSP - Certificate of Origin?

How to obtain Phyto sanitary certificate. What is phytosanitary certification

 How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS

 How to open an LC? Procedures to open a Letter of Credit

How to overcome credit risk in export business?

 How to overcome Negative thoughts in export business

How to prepare an Export Invoice. Contents of Export commercial Invoice:

 How to prepare an Export Packing list. Contents of Export Packing list

How to export from Tanzania?

How to Import to Tanzania?

How to import to India from Tanzania?

How to export from India to Tanzania?

How to export from Serbia?

How to Import to Serbia?

How to import to India from Serbia?

Difference between types of goods and services and types of GST

4 types of Goods and Services in India for GST rate

Difference between IGST on International goods and IGST on domestic goods.

How is IGST calculated under Imports?

How is IGST rate on imports treated?

GST and e-Commerce Business, FAQ

Definition of E-Commerce under GST

What is entry tax in lieu of octroi (ETILOO) under GST

Term RBI on T+1 basis under GST

Term Provisional Identification Number(PID)under GST

Term provisional assessment under GST



arati: Your Company Registration Copy ( GST or Any Other ) , Pan Card of Director, ,Company latter head scan copy , Two Sales and Two Purchase Invoice Copy, Then Suddenly We start process and in Between 7 days i Have Delivered hard copy of Certificate to You .. We are Provider ISO 9001-2015 (QMS), 31000 (Risk Management ), ISO 13485-2015 (MDQMS) ISO 27001-2013 (ISMS),ISO 20000-2011 (SMS), 14001-2015(EMS), 22000-2005 (FSMS) and HACCP , CE MARK Certification , ROHS Compliance , GMP or WHO-GMP Certificate , Also Provide HALAL or KOSHER Certificate ... We have expertise consultants, Auditor & experts of ISO Standard. We Have Best Experience in Govt. Industries and have also UNIQUE WORLD RECORD Certificate. We have Already Spread Our Services in across India. IQCS working since 2011 & certified more than 4000 clients across India or Abroad 2nd Phase: After Getting the Documents & Initial Amount from Your Organisation: 1. First, you will get your organisation sample certificate (soft copy through email) for review Purpose, after review it, Submit the 50% Amount 2. After received amount, we will send you hard-copy through courier or By Hand After Delivered Hard copy of Certificate To Your Address Submit Balance Amount ..

Davinder Singh : We need risk assessment certificate

Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers