A Basic Guide of Carnets

A BASIC GUIDE TO ATA CARN ETS carnet ALSO KNOWN AS "MERCHANDISE PASSPORT" IT IS AN INTERNATIONAL CUSTOMS AND TEMPORARY EXPORT-IMPORT D OCUMENT ACCEPTED BY 83 COUNTRIES & TERRITORIES *83 countries and territories as of 28 Jan 2014 IT ALLOWS YOU TO ENJOY UNLIMITED UPTO ENTRIES & DEPARTURES ON SAME DOCUMENT FOR GET FAMILIAR WITH THE O LOR S The cover sheet identifies the holder, any representative of the holder, the intended use of the goods and descriptions of the goods covered Used for the exportation and re-importation of goods ATA carnet Used for the importation and subsequently re-exportation of the goods Optional blue vouchers are used when the goods transit through a country en route to a final destination ITEMS C OVERED UNDER ATA CARNET SCHEME • goods imported in connection with a manufacturing operation • samples • publicity materials • goods temporarily imported for display or use at trade shows, exhibitions, fairs or meetings • instruments, apparatus or machines made available by a supplier pending delivery or repair of similar equipment • recorded film and media • goods for educational, scientific or cultural purposes • professional equipment that you might need for your work, eg cameras, laptops and sound equipment • personal effects and sports goods However, the types of goods that may be covered by ATA camets varies between contracting countries, so the carnet issuer should always be consulted before applying. A P PL Y CPD CARNET FOR VEHICLES CPD carnets covers the use under temporary admission of the following vehicles, both private and commercial, into certain countries: • trallers • road motor vehicles • motor cycles • registered motor sport vehicles transported by trailer TAIWAN ONLY CPD/CHINA-TAIWAN CARNET [FOR USA-TAIWAN, APPLY FOR THE TECRO/AIT CARNET] CHINA-TAIWAN EARNET For exporting goods temporarily to Taiwan, apply for the CPD/China-Taiwan carnet in the same way as an ATA Carnet. A similar document will be provided but with a different name, colour and size. PROHIBITED In general, items such as agricultural products, explosives, weapons, and human remains are prohibited. Import regulations can vary greatly from one country to the next, so it is well-advised to check with local authorities. REQUIRED= DOCUMENTS An inventory list, commonly in the form of a commercial invoice or an export packing list, detailing everything in the shipment, is required. These documents should contain the following information: • Invoice terms (eg, FOB, CIF) • Labour costs incurred in packing the goods into outside packages • Monetary unit referred to on invoice (e.g. AUD$, US$) • Name and address of the seller of the goods (Consignor). • Value of outside packages • Amount of royalties (if any) payable in respect of the goods • Particulars of freight and insurance costs associated with the transport of the goods and Particulars of all arrangements or undertakings that have, or might have, the effect of varying the selling price of the goods whether by way of discount, rebate, compensation or any other • Name and address of the buyer of the goods (Consignee) • Complete description of the goods • Name of the ship (or aircraft) on which the goods are to arrive in Australia • Country of origin of the goods, including a declaration from the manufacturer where preferential rates of duty are being claimed. means. • Numbers of packages containing the goods and the marks and numbers on each package • Quantity of the goods • Selling price of the goods to the buyer of the goods Some countries may require other documents for shipping certain items. Always check with local relevant authorities for the full requirements. CARNET FEES US$225 to Us$380 VALUE UNDER US$10,000 VALUE MORE THAN US$250,000 40% OF GOODS VALUE NO A P PL ATA ? BONDS MAY BE Y ISSUED BY T. I. B. THE GOVERNMENT CUSTOMS BROKER TEMPORARY IMPORTATION BOND CASH GUARANTEE REQUIRED MADE TO A FOREIGN AGENCY IN LOCAL CURRENCY, IT COULD AMOUNT TO AS MUCH AS THE ESTIMATED VAT AND DUTIES DUE ON THE ITEMS. Reimbursement can take from 6 to 36 months after items leave the country. Depending on how many intermediaries are involved and what fees are assessed, the sum refunded from a TIB will likely be less than the original amount deposited. OVERWHELMED? BY CUSTOMS, PAPERWORK, AND COMPLEX TAX RULES Ferrari Group is a global leader providing one-stop solutions for the secure logistics management of precious and luxury goods such as bullion, diamonds, gems, jewellery, watches and art pieces. We can help you handle all customs documentation and offer duties & taxes solutions to save unnecessary costs for your business. Need a helping hand? SOURCES: https://www.gov.uk/ata-and-cpd-carnets-export-procedures http://www.atacarnet.com/temporary-importation-under-bond http://www.atacarnet.com/carnet-document http://www.exhibitoronline.com/topics/article.asp?ID=1473#.UuXlixCwqUk https://smallbusiness.fedex.com/international/country-snapshots.html FERRARI www.ferrarigroup.net YEAR