The following comprises some basic information as to what an ATA carnet is, the benefits of using it, the responsibilities of the user and how to obtain it:
- An ATA carnet is an international customs document that is presented to Customs each time goods enter or leave a country. It allows goods to be temporarily imported without payment of customs charges for up to one year and may be extendable.
- The carnet allows free movement of goods across frontiers and covers their temporary admission into a country with relief from customs duties, excise duty and VAT.
- When a carnet is issued the person who can use it will be named on the front cover of the carnet. This person will be the “holder”. The carnet can be used by the holder or a representative named on the carnet. The holder does not have to own the goods but does accept liability for any customs duty and other charges that may be incurred.
- The Chambers of Commerce normally issue ATA carnets and require the holder to provide them with a guarantee or other security in case the goods are not re-exported from the country.
The benefit of using an ATA carnet
The carnet allows free movement of goods across frontiers and covers their temporary admission into a country with relief from customs duties, excise duty and VAT. Using a carnet:
- avoids the need to complete national Customs declarations or to provide fresh security for customs charges potentially due in each country visited;
- simplifies Customs clearance of goods in each country visited;
- can be used in different countries around the world; and
- can help overcome problems that may otherwise result from language barriers and having to complete unfamiliar Customs forms.
For more information regarding temporary importations or obtaining carnets please contact RKG Consulting.
[dlo_lcp TEXT_OPT=”EXCERPT” NUMBERPOSTS=”99″]