CBIC: Revised Guidelines For National Risk Management Committee For GST & Customs

Vide circular dated 23rd April 2022, the CBIC has issued revised guidelines for National Risk Management Committee (NRMC) for GST and Customs.

CBIC has said in the circular that:

The NRMC shall be convened once every year and will have the following main (but not limited to) functions:

1.)  Review the effectiveness of existing Risk Parameters employed in various modules namely Import, Export, Container Scanning, Express Cargo Clearance System (ECCS), Post Clearance Audit (PCA), Protection and enforcement of Intellectual Property Rights (IPR) etc., and Risks posed by changes in Modus Operandi, new exemption notifications and new CCR’s.
2.) Review existing parameters and suggest new parameters to address concerns on border and port security.
3.) Once NCTC(Pax) is operationalized, the NRMC shall look at incremental improvements to be made in the Automated Targeting System.
4.) The Business Analytics wing of GST implements various modules e.g., Risky Exporters, Risky Taxpayers, Scrutiny of Returns, Audit, Analytical reports etc. The NRMC will advise on changes, if any, to be made in the various risk criteria that define the Risk in these modules.
5.) Deliberate and advise on new and emerging risks and suggest ways to address systemic risks, having cross-cutting implications.
6.) Discuss new initiatives and projects for stepping up risk management strategy and associated processes, including the development of new modules and deployment of new technologies.
7.) Be the Forum for giving feedback and suggestions on improving the efficacy of risk management.
8.) Discuss and recommend measures for timely and effective risk mitigation by field formations.
9.) Deliberate on economic trends, changes in policies, duty rates and exemptions, etc., that could be exploited by the trade to evade Duties and Prohibitions and suggest remedial action for the same.
10.) Discuss the efficacy of the Examination orders that would be made available shortly through the ICETAB, obviating the need for printing in the paper.
11.) Have an oversight on the generation of the centralised examination orders based on various parameters and its rollout in phases to enhance uniformity.
12.) To discuss and advise on enhanced use of technology, data sources and analytics capabilities to discern Security related Risks. Deliberate on use of Al/ML, Image analytics, geospatial analysis etc.
13.) To address security vulnerabilities in the International Supply Chain through entity profiling of stakeholders, leveraging information in databases about movement of vessels and containers etc.
14.) Any other matter that DGARM may consider for seeking the views of the NRMC.

To Download the Circular, Please Click Here