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The ATA Carnet, often referred to as the "Passport for goods", is an international customs document that permits the tax-free and duty-free temporary export and import of nonperishable goods for up to one year. It consists of unified customs declaration forms which are prepared ready to use at every border crossing point.
The carnet allows travellers to temporarily import their vehicles, or other items of value such as broadcasting equipment, without having to leave a cash deposit at the border. [2] It is, in essence, an international guarantee for payment of customs duties and taxes to a government should the vehicle or item not be re-exported from that country.
The Customs Convention on the Temporary Importation of Private Road Vehicles is a 1954 United Nations multilateral treaty.In states that adhere to the Convention, it allows individuals that are temporarily visiting a country—such as tourists or individuals on student visas—to import a road vehicle to the country duty-free.
When an individual or an organization ships goods across the borders, one must use other customs declaration forms, such as a commercial invoice, or a proforma invoice, an import declaration form, an ATA Carnet, or a re-export declaration. Incoterms on these forms define the shipment and customs declaration.
The Customs Department was founded when Singapore was the British Empire's Straits Settlements and later Crown Colony.Established in 1910 under the name Government Monopolies Department, Customs is one of the oldest tax-collecting organisations in modern Singapore to increase the country's state coffers to help fund national programmes.
NEW DELHI (Reuters) -India will provide a transition period before a new licensing regime for imports of laptops, tablets and personal computers comes into effect, a minister said on Friday, after ...
The Customs Convention on the Temporary Importation of Commercial Road Vehicles is a 1956 United Nations multilateral treaty. In states that adhere to the Convention, it allows commercial road vehicles—such as taxis , buses , and semi-trailer trucks —to temporarily travel within the country duty free.
Class II recall: Issued when the product "may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote."