Armed with their ATA Carnet, sales reps, exhibitors and other business travellers can make advance customs arrangements at predetermined cost, visit more than one country, use their ATA Carnet for several trips during its one-year validity and return to their home country with their goods and without problems or delays.
A couple of things to watch out for:
Carnets can be expensive because, the higher the value of the equipment, the more you pay for the document. Tip is to put the replacement cost, not the customer price, on the Carnet. The ATA Carnet is an international customs document that permits duty-free and tax-free temporary import of goods for up to one year. The initials 'ATA' are an acronym of the French and English words 'Admission Temporaire/Temporary Admission'. Carnets eliminate the need to pay VAT on the goods and speed up the customs clearance process. ATA Carnets cover virtually all kinds of goods into over 60 countries but, be aware, there are a number of countries that do not officially accept ATA carnets (many of the Caribbean Islands for instanc1. but they may actually recognize them! Carnets also do not cover perishable goods or goods for repair.