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Print Print 2020-02-14

Cargo clearance: FBR sets up 'LRMCs' at MCCs

The Federal Board of Revenue (FBR) has established local risk management committees (LRMCs) in each Model Customs Collectorate (MCC) to check risks involved in customs clearance of containerized, LCL and bulk cargos.
Published 14 Feb, 2020 12:00am

The Federal Board of Revenue (FBR) has established local risk management committees (LRMCs) in each Model Customs Collectorate (MCC) to check risks involved in customs clearance of containerized, LCL and bulk cargos.

According to a notification issued by the FBR here on Thursday, there shall be a LRMC in each collectorate consisting of three to four members and headed by the respective collector.

The director general of transit trade shall have its own local risk management committee at the headquarters to provide input to the RMC on transit trade risk parameters.

The LRMC shall meet at least once every month and review the risks at collectorate level and make proposals or suggestions to the DG RMS based on interventions and detections.

Under the role and responsibilities of the Directorate General of Risk

Management (DGRM), the DGRM shall be responsible to manage risk involved in customs clearance of containerized, LCL and bulk cargo including but not limited to transit cargo, international passengers and accompanied and unaccompanied baggage thereof including clearances against carnet-de-passage/TIR.

It will monitor, evaluate and review RMS based on changing national and international trends and feedback from stakeholders and examine clearance patterns of various sectors and commodities to identify, analyze and evaluate risks, develop mitigation strategies and present the same to RMC for approval and implementation.

The DGRM would be responsible for developing system whereby different stakeholders' compliance levels are determined.

Compliant stakeholders are facilitated in the system; review and address risks identified by the collectorates/directorates through RMC and associate when necessary other government entities on need basis to deal with risk relating to the compliance requirements under allied laws.

The DGRM would coordinate with Directorate General of Training and Research (DGTR) for training of officers dealing with RMS-related issues at major customs locations.

It will coordinate with Directorate General of Intelligence and Investigation Customs (DG I&I) to get feedback in the structured format after completion of investigations of cases or studies undertaken by the (DG

I&I); coordinate with directorate general of PCA and internal audit to evaluate and identify risk parameters for selection of audit cases and coordinate with the Directorate General of Customs Valuation to develop checks and parameters for selection of cases requiring valuation scrutiny.

Copyright Business Recorder, 2020

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