ATA Carnet is a temporary admission document, which

simplifies the customs procedures and clearances in a foreign country, without paying duty or a bank guarantee for temporary import into that country. Like a passport for goods, ATA Carnet allows for the goods for which it was issued to enter any of the participating countries for up to one year. An ATA Carnet holder can avoid customs declaration and can do away with security deposit or guarantee in the country of temporary importation. In India, FICCI is the sole National Guarantor for ATA Carnets.

ATA Carnet covers several areas for use including trade fairs, shows, exhibitions, meetings etc.

for temporary export into a country, which is a signatory to the conventions governing ATA Carnets. Goods must be re-exported out of every country and re-imported into India within a year.

At present 76 countries recognize ATA Carnet, including Australia, Canada, France, Germany, Japan, Korea, Malaysia, Spain, UAE, UK, and USA.

Photo Caption: Mr. Pranab Kumar Das, Chief Commissioner of Customs, Chennai Zone and Mr. P.S. Pruthi, Former Member, Customs Excise & Service Tax Appellate Tribunal (CESTAT) interacted with the participants of the Workshop on ATA Carnet Media Contact Details

S Vijayalakshmi, FICCI, +91-9818873461,

vijayalakshmi.s@ficci.com

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(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)