CHAPTER%20XVIII%20Temporary%20Free%20Importations%20

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CHAPTER XVIII Temporary Free Importations ATA
Carnet

• Temporary Free Importations under Bond (TIB)
• ATA Carnet

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Temporary Free Importations Under Bond (TIB)

• Temporary importations without the payment of
  duty under bond
• Bond is double the amount of the estimated duties
  1 year. Extended to 3 years except for Automobiles

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Types of Goods Eligible Under TIB

1. Products to be repaired, altered and processed.
2. Models of womens wearing apparel as models
3. Articles imported as models by illustrators or
   photographers
4. Samples solely for use in soliciting orders
5. Articles solely for examination with a view to
   reproduction and motion-picture advertising films
   
6. Articles solely for testing, experimental or
   review purposes
7. Vehicles and craft imported to take part in races
   or contest
8. Locomotives and other railroad equipment for fire
   fighting or making emergency repairs on railroads

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Types of Goods Eligible Under TIB

• Transportation containers during transportation
  and suitable for reuse
• (j) Professional equipment, tools of trade and
  camping equipment for nonresident's temporary
  sojourning
• (k) Articles of special design for temporary use
  exclusively for production of export articles
• (l) Animals poultry for breeding, exhibition
  or competition for prizes and their equipment
• (m) Works of free fine arts, drawings, scientific
  apparatus, etc for exhibition, illustration and
  promotion
• (n) Automobiles parts solely for show purposes

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Relief from Liability for Duties

• Reexporting
• Destruction under Customs supervision
• For articles intended for testing or
  experimenting, satisfactory proof of destruction
• If TIB products are not reexported within a bond
  period, Bond will be forfeited or Articles will
  be seized

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ATA Carnet

• Admission Temporaire-Temporary Admission

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Functions of ATA Carnet

• An international Customs document Merchandise
  passport
• A guarantee of the payment of customs duties and
  excise taxes
• Valid for one year

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Articles Covered by ATA Carnet

• Commercial samples of traveling salesman
• Products for exhibitions and trade fairs
• Professional equipment

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Carnet Issuing Agency

• ATA Carnet system is managed and promoted by ICC
  World Chambers Federation of the International
  Chamber of Commerce (www.iccwbo.org) under the
  international customs conventions of World
  Customs Organization (WCO)
• ATA Carnet is issued and guaranteed by national
  organizations
• In U.S. U.S. Council for International Business,
  New York (www.uscib.org, 212-354-4480)

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Countries Accepting ATA Carnets

• Taiwan TECRO/AIT carnet
• The U.S. acceded to the ATA Convention in 1968
  and began issuing ATA carnets in 1969
• Certain countries have accepted ATA convention
  but have not implemented the use of ATA carnet
  Egypt

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Related Expenses

• Basic carnet fee
• Surety bond fee for security deposit, usually 40
  of the shipment value
• Insurance premium