Jaipur | New Delhi, India, April 12, 2017/News Voir//– The Central Board of Excise & Customs (International Customs Division), Department of Revenue, Ministry of Finance, Government of India, has decided to extend the facility of allowing Customs clearance of goods against ATA Carnet at Jaipur port. At present, the facility of Customs clearance of goods against ATA Carnet is provided at Mumbai, Chennai, Cochin, Kolkata ports, New Delhi, Bangalore and Goa Airport, ICD Goa, Bangalore, Hyderabad, Dadri and Ahmedabad, Air Cargo Complex, Ahmedabad. FICCI, (Federation of Indian Chambers of Commerce and Industry) had sent a request to the board to extend the facility of Customs clearance against ATA Carnet at Jaipur port.
ATA Carnet is a temporary admission document, which simplifies the customs procedures and clearances in a foreign country, without paying duty or a bank guarantee for temporary import into that country. Like a passport for goods, ATA Carnet allows for the goods for which it was issued to enter any of the participating countries for up to one year. An ATA Carnet holder can avoid customs declaration and can do away with security deposit or guarantee in the country of temporary importation. In India, FICCI is the sole National Guarantor for ATA Carnets.
ATA Carnet covers several areas for use including trade fairs, shows, exhibitions, meetings etc. for temporary export into a country, which is a signatory to the conventions governing ATA Carnets. Goods must be re-exported out of every country and re-imported into India within a year. At present 77 countries recognize ATA Carnet, including Australia, Canada, France, Germany, Japan, Korea, Malaysia, Spain, UAE, UK and USA.
About ATA Carnet (http://www.atacarnet.in)
ATA Carnet is an International Uniform Customs document issued in 75 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”.
The ATA Carnet System is a perfect illustration of how close co-operation between business and customs can facilitate and stimulate international trade. 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.
Within the ICC World Chambers Federation, the World ATA Carnet Council (WATAC) runs the ATA system and its international guarantee chain. The Council is made up of representatives from the countries and territories where Carnets are issued and accepted.
Each country in the system has a single guaranteeing body approved by the national customs authorities and the ICC World Chambers Federation (Until June 2001, the International Bureau of Chambers of Commerce). The WCF is sponsored by the International Chamber of Commerce (ICC) in Paris. In India, Federation of Indian Chambers of Commerce and Industry (FICCI), is appointed as National Guaranteeing & Issuing Association for ATA Carnets.
About FICCI (www.ficci.in)
Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India’s struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies.
A non-government, not-for-profit organisation, FICCI is the voice of India’s business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.
FICCI provides a platform for networking and consensus building within and across sectors and is the first port of call for Indian industry, policy makers and the international business community.
FICCI: Customs Clearance Facility against ATA Carnet at Jaipur Port
