February 20, 2018 | ATA Carnet, Industry Insights

India Now Accepts Professional Equipment via an ATA Carnet

Share This:
Featured Image

Great news for the US export community: India has made a policy shift around the use of ATA Carnets!

On January 18th, India began accepting ATA Carnets for the temporary import of professional equipment. Since 1990, India has only accepted ATA Carnets for goods being temporarily imported for approved trade shows, as well as fairs and exhibitions. India has expanded the scope of the ATA Carnet acceptance to include temporary importation of professional equipment, making it easier for businesses to access the Indian market.

“This is an important development that will help boost U.S. exports to India, and make it much easier for business travelers to get essential professional equipment in and out of the country,” said Andrew Shiles, USCIB’s senior vice president of ATA Carnet. “All sorts of people and companies – from news organizations to symphony orchestras to technicians making repairs – use ATA Carnets to move professional equipment around the world swiftly and cost-effectively.”

 

Considerations must be made for all policy changes, and this change to India’s ATA Carnet acceptance is no exception. Prior to this change, India accepted ATA Carnets under a more limited basis – only allowing goods under temporary importation for fairs and exhibitions, and those goods were limited to a maximum period of six months in the country. While India has expanded the scope of the ATA Carnet acceptance to include temporary importation of professional equipment, they will limit the duty-free and tax-free entry to two months. They will consider the possibility of renewing the ATA Carnet entry for an additional two months upon request to the port of entry. This restricted date will be noted on the importation counterfoil in box 2 as the final date for re-exportation. It is imperative, as with any ATA Carnet shipment, that you verify these notations at time of entry. This way you can ensure that you comply with any restrictions or special requirements and avoid the possibility of an unnecessary claim.

ATA Carnet is considered the gold-standard in temporary importation. It is an international customs document that provides duty and tax-free customs clearance for temporary imports into foreign countries. ATA Carnet simplifies the entry by eliminating the need to post some form of financial guarantee, i.e., a Temporary Import Bond. ATA Carnets are recognized in over 100 destinations for virtually all types of goods, whether hand-carried or cargo-shipped. The ATA Carnet doesn’t only reduce costs; it also facilitates customs clearance in both the U.S. and foreign countries, and it is valid on multiple trips for up to one year.

At Roanoke Trade, we understand that your ATA Carnet situation is unique, and we can tailor an ATA Carnet program specific to your needs. Contact your ATA Carnet Help Desk today: 1.800.Carnets (1.800.227.6387) or Carnets@RoanokeGroup.com.

Share This:

Related


Unlocking Success: The Key Elements of Carrier Vetting and Managing Liability

By: Andrew Johnson, Account Executive, Roanoke Insurance Group Inc. The freight brokerage industry as we know it today began in the late 1970s and early 1980s, around the time of the Motor Carrier Act of 1980. Before the passage of this landmark legislation, regulations were too restrictive to make freight brokerage a viable business segment. Fast-forward to today, and most motor carriers, by authority definition, also have a freight brokerage operation. Freight brokerages fulfill a vital service in modern logistics, connecting independent carriers with loads and drastically reducing empty repositioning moves. Brokering also allows carriers to complement their assets by […]

Industry Insights

Thank You to Karen Groff

We have important news to share with you. Karen Groff, President of Roanoke Insurance Group, has decided to leave the organization. Although our hearts are heavy with this news, we respect her decision and wish her all the best in her future endeavors. Karen played an integral role in Roanoke’s success over the past 30 years and solidified “The Roanoke Way” during her tenure as President. In her own words, Karen shares: “I will always treasure my time spent with Roanoke colleagues, clients and partners. The strong engagement and sense of community shared in this industry have been a constant inspiration […]

Industry Insights

Easily Estimate Your ATA Carnet Costs with Our New Online Calculator

Handling temporary exports can be complex, and calculating ATA Carnet costs shouldn’t slow you down. That’s why we’ve introduced our ATA Carnet Cost Calculator—a simple, user-friendly resource designed to provide instant, accurate cost estimates tailored to your shipping needs. Our ATA Carnet team is very excited about this innovative tool. ATA Carnet Manager Kelli Milianti shared her enthusiasm, stating, “We are delighted to launch our new online Carnet Calculator, which simplifies the estimation process and delivers fast, precise quotes that will enhance customer satisfaction. This digital solution provides an easy and clear method for obtaining quotes customized to your unique […]

ATA Carnet

Roanoke is the leading provider of insurance and surety solutions for transportation and logistics providers. In fact, we are recognized as the most reliable source for U.S. customs bonds.

Contact

If you have any questions or need help, feel free to contact with our team.

800-762-6653
US Flag

US CORPORATE HEADQUARTERS

1501 E. Woodfield Road

Suite 400W

Schaumburg, IL 60173


Canada Flag

CANADA CORPORATE HEADQUARTERS

390 Bay Street

Munich Re Centre, 22nd Floor

Toronto, ON M5H 2Y2

Solutions that Go the Distance.

© 2024 Roanoke Insurance Group Inc.

Better Business Bureau logoCoverholder at Lloyd's logo