November 13, 2013 2:33 PM

printer

Govt introduces RMS for trade facilitation in export sector

Government has introduced Risk Managment System, RMS to enhance trade fecilitation in export sector and to check smuggling of drugs, weapons and other illegal substances harmful to the country. Inaugurating the system today in New Delhi Finance Minister P. Chidambaram said that RMS will enable the Excise and Customs Department to enhance the level of facilitation and speed up the process of cargo clearance. He said the single window system of RMS will contribute to reduce in dwell time, by achieving the desired objective of reducing the transaction cost in order to make the business internationally competitive.

Most Read
View All arrow-right

No posts found.