Business Standard

Friday, January 03, 2025 | 08:49 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

System-generated examination orders for B/E introduced

Under the new procedure, after processing BE data, Risk Management System (RMS) will generate a consolidated examination order for each selected BE based on potential risks.

Image
Premium

TNC Rajagopalan
The Central Board of Indirect Taxes and Customs (CBIC) has introduced system-generated centralized examination orders for bills of entry (BE) in a phased manner, in case of risk-based selection for examination after assessment. The idea is to bring about uniformity in the examination of imported goods. The first phase will commence from today for ferrous base metals falling under Chapter 72 and 73 of the Customs Tariff.  
 
Under the new procedure, after processing BE data, Risk Management System (RMS) will generate a consolidated examination order for each selected BE based on potential risks. An RMS-generated examination order would include percentage
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in