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The ATA carnet is now the document most widely used by the business community for international operations involving temporary admission of goods. The ATA Carnet is jointly administered by the World Customs Organization (WCO) and the International Chamber of Commerce (ICC) through its World Chambers Federation. [1] [2]
The Carnet contains relevant information about the items or vehicle – make, model, colour, engine capacity, seating capacity, registration number, owner and value. In order to obtain a carnet, the owner of the items is required to provide a security based on the countries traveled to, age and market value of the items. Generally, four types ...
It was signed by six states and entered into force on 20 November 1955. The convention was soon complemented by the Customs Convention Regarding the E.C.S. Carnets for Commercial Samples which entered into force on 3 October 1957 and then virtually superseded by the Customs Convention on the A.T.A. Carnet for the Temporary Admission of Goods in ...
Individuals arriving in the United States may be exempt from duty on a limited amount of purchases, and on goods temporarily imported (such as laptop computers) under the ATA Carnet system. Customs duties vary by country of origin and product, with duties ranging from zero to 81% of the value of the goods.
The ATA system, which is integral to both Conventions, allows the free movement of goods across frontiers and their temporary admission into a customs territory with relief from duties and taxes. The goods are covered by a single document known as the ATA carnet that is secured by an international guarantee system.
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The Convention on International Transport of Goods Under Cover of TIR Carnets (TIR Convention) is a multilateral treaty that was concluded at Geneva on 14 November 1975 to simplify and harmonise the administrative formalities of international road transport. (TIR stands for "Transports Internationaux Routiers" or "International Road Transports".)
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