ATA Carnet - PowerPoint PPT Presentation

About This Presentation
Title:

ATA Carnet

Description:

ATA Carnet is an International Uniform Customs document issued in 78 countries including India, which are parties to the Customs Convention on ATA Carnet. The ATA Carnet permits duty free temporary admission of goods into a member country without the need to raise customs bond, payment of duty and fulfillment of other customs formalities in one or a number of foreign countries. The initials "ATA" are an acronym of the French and English word "Admission Temporaire / Temporary Admission". FICCI has been appointed by the Government of India as National Issuing & Guaranteeing Association (NIGA) for the operation of ATA Carnet System in India. – PowerPoint PPT presentation

Number of Views:293
Slides: 10
Provided by: deekshapant
Category: Other

less

Transcript and Presenter's Notes

Title: ATA Carnet


1
ATA Carnet
  • An ATA Carnet is the simplest duty-free and
    tax-free method of exporting goods on a temporary
    basis.

2
What is an ATA Carnet ?
  • ATA Carnet is an International Uniform Customs
    document issued in 78 countries including India,
    which are parties to the Customs Convention on
    ATA Carnet.
  • The initials "ATA" are an acronym of the French
    and English word "Admission Temporary / Temporary
    Admission".
  • It permits duty free temporary admission of goods
    into a member country without the need to raise
    customs bond, payment of duty and fulfilment of
    other customs formalities in one or a number of
    foreign countries.
  • The ATA Carnet operates under International
    Customs Conventions administered by the World
    Customs Organisation(WCO). A World ATA Carnet
    Council manages the system in cooperation with
    the WCO.

3
How to Get a Carnet ?
  • There are four basic components to any Carnet
    application
  • Carnet Application
  • Security Guarantee
  • Invoice Proforma
  • Processing Fees

4
Carnet Application
  • Provides Information on the Customer and where
    the Carnet will be travelling. (ATA Carnets are
    accepted by over 78 countries.)
  • A Carnet may be issued in the name of an
    individual or a company who must be a permanent
    resident of India. However, it may be used by any
    person providing the user carries a letter from
    the named holder authorizing such use.
  • The holder may also allow an Agent to handle the
    Carnet through the customs on his behalf, again
    provided that the Agent holds a Letter of
    Authority.

5
Security Guarantee
  • The main purpose of the carnet is to guarantee to
    customs authorities, where the goods are being
    temporarily imported, that all duties and taxes
    will be paid if the conditions under which they
    allowed these goods into their country are
    breached.
  • This security guarantee must be for an amount
    equivalent to the highest rate of duty and taxes
    applicable to the goods in any country of
    destination, and transit if applicable plus a
    further 10 per cent of the amount.
  • FICCI, as the guaranteeing association in India,
    is responsible for ensuring payment of valid
    claims. 

6
Invoice Proforma Processing Fees
  • Invoice Ptoforma describes the Goods Covered by
    the Carnet.
  • A Nominal fee is charged for processing a Carnet.

7
How to use An ATA Carnet ?
  • Improper use of a Carnet may result in an
    assessment of duties, taxes and penalties. To
    avoid such assessments, follow the rules
    governing the use of a Carnet before your
    departure or ensure your authorized
    representatives, customs brokers or freight
    forwarders handle your shipments within these
    prescribed guidelines.
  • ATA Carnet Prototype
  • ATA Carnet Guidelines for Use
  • Processing Fee Schedule

8
ATA Carnet Countries
  • 1.Algeria
  • 2.Albania
  • 3.Andorra
  • 4.Australia
  • 5.Austria
  • 6.Kingdom of Bahrain
  • 7.Belarus
  • 8.Belgium / Luxemburg
  • 9.Bosnia Herzegovina
  • 10.Bulgaria
  • 11.Brazil
  • 12.Canada
  • 13.Chile
  • 14.China
  • 15.Côte d'Ivoire

16.Croatia 17.Cyprus 18.Czech Republic 19.Denmark
20.Estonia 21.Finland 22.France 23.Germany 24.Gibr
altar 25.Greece 26.Hong Kong 27.Hungary 28.Iceland
29.India 30.Indonesia
31.Iran 32.Ireland 33.Israel 34.Italy 35.Japan 36.
Korea 37.Kazakhstan 38.Latvia 39.Lebanon 40.Lithua
nia 41.Macao 42.Macedonia 43.Madagascar 44.Malaysi
a 45.Malta
46.Mauritius 47.Mexico 48.Moldova 49.Mongolia 50.M
ontenegro 51.Morocco 52.Netherlands 53.New
Zealand 54.Norway 55.Pakistan 56.Poland 57.Portuga
l 58.Qatar 59.Romania 60.Russia
61.Serbia 62.Senegal 63.Singapore 64.Slovak
Republic 65.Slovenia 66.South Africa 67.Spain 68.S
ri Lanka 69.Sweden 70.Switzerland 71.Thailand 72.T
unisia 73.Turkey Chinese 74.Taipei 75.UAE
76.Ukraine 77.United Kingdom 78.United States
9
Thank You
Write a Comment
User Comments (0)
About PowerShow.com