Continued Exemption Available for ATA Carnet Shipments

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: […]

COVID-19 has already had a big impact on international travel and especially on large events. As such, ATA Carnet users are susceptible to disruptions right now, especially those needing to transit through multiple countries to operate effectively or even those going to single countries where quarantines or event cancellations are taking place. Furthermore, you may encounter unexpected difficulties booking timely re-exportations to meet carnet expiration deadlines. While we can’t make travel any easier, we are here to try to support our clients with best practices. Be proactive around approaching ATA Carnet expiration dates. If your established re-exportation plans are disrupted, […]

Brexit and the ATA Carnet Brexit, the departure of the United Kingdom (UK) from the European Union (EU), has been in the news for years now, and finally in the new year, it has come to pass. For concerned logistics service providers and shippers, this change will not have a significant impact on US ATA Carnet users who export to both the UK and the EU.  US ATA Carnet users who send goods on ATA Carnet to multiple countries are accustomed to the need for white counterfoils for every country entrance and exit. That will be the basic process now […]