Brazil Welcomes ATA Carnets!

Beginning on January 1, 2022, Brazil will cease accepting ATA Carnets. There will no longer be a Brazilian national guaranteeing association responsible for the collection of amounts owed in the case of non-compliance with ATA Carnet conditions. Valid ATA Carnets issued prior to the cessation order and currently in circulation may NOT be presented to Brazil after 12/31/2021 as BR customs will reject entry even if the green carnet cover has BR listed among the countries. Goods admitted into Brazil prior to 12/31/2021 will remain in temporary admission status, and in case of the loss or destruction of an existing […]

By: Kelli Milianti, ATA Carnet Manager, Roanoke Insurance Group Inc. When shipping goods for temporary importation and re-exportation, businesses must select a form of security to meet customs requirements. Most often the cargo owner faces the choice between using an ATA Carnet with a carnet bond or a Temporary Import Bond (TIB). Each option has its advantages, but the ATA Carnet generally offers more streamlined benefits for international trade. Benefits of an ATA Carnet 1. Cost Savings: ATA Carnets eliminate duties and value-added taxes (VAT) when goods are re-exported within the validity period, reducing financial burdens[1][2][3]. 2. Simplified Customs Procedures: […]

  Effective immediately ATA Carnet use for temporary entry into Brazil is suspended! Roanoke has been informed by the US Council for International Business that until further notice we cannot issue ATA Carnets to Brazil. The mandate to act as the ATA Carnet guarantee association (NGA) in Brazil that was given to Confederação Nacional da Indústria/Brazilian National Confederation of Industry (CNI) by the Brazilian Customs and Federal Revenue of Brazil is set to expire June 30, 2021. As of the date of publication there is no plan to renew the mandate nor appoint another entity as the NGA for Brazil. […]