ATA Carnet, The Merchandise Passport

Taking Demo Equipment, Prototypes & Samples Abroad

Leslie Levy August,

Senior Vice President, boomerang carnets

Who Are We?

$  Appointed ATA Carnet Service Provider for the United States Council for International Business for 25 years.

$  We issue 7000+ ATA Carnets for temporary exportation of equipment and merchandise valued at $2.35B annually.

$  Clients range from individuals to Fortune 100 corporations across all business, government, educational and cultural sectors.

Why Are We Here? $  Commercial opportunities

for autonomous vehicles may be more viable overseas than in the U.S. at this time.

$  The Merchandise Passport can reduce costs and make clearing customs easier when marketing, demonstrating or selling overseas.

FAQ Regarding Temporary Exports $  Can I just bring the items on the plane with me

in my luggage? $  When do I need a freight forwarder? $  Does “temporary” mean that export licensing &

regulations are waived for that shipment? $  Does a carnet cover hand carried as well as

shipped goods? $  Can the trade show or exhibition organizer

provide what I need? $  How is a prototype identified & valued?

Categories of Imports* $  Temporary Imports (boomerang freightsm)

$  Trade Show Booths, Exhibition Equipment $  Product Samples for Display or Demonstration

$  Not Dutiable or Taxable $  Returns to Country it Was Shipped From $  Usually Returns Within 12 Months

$  Permanent Imports $  Imported Products For Sale in Foreign Country $  Dutiable and Taxable

Temporary vs. Permanent Imports - Differences

$ Different Requirements & Needs $  Temporary = U.S. Export and Re-Import $  Permanent = U.S. Export Only $  Documents $  Duties $  Taxes $  Cargo Insurance – Round-Trip vs.

One-Way

Advantages of Temporary vs. Permanent $  Temporary import-exports are subject to all

the same rules and regulations as permanent imports.

$  However, if you prepare and document a temporary import properly you can save time, hassle and money. $  Carnet costs can be as little as 10% of the cost of

duties and taxes.

Export Controls, Licensing & Regulations

$ Temporary export documents, such as ATA Carnets, do not negate the need for export licenses or the need to adhere to export regulations.

Types of Temporary Export-Import Documents $  Temporary Import Bond (TIB) $  ATA Carnet – Developed especially for

commercial samples, professional equipment and trade fairs & exhibitions.

$  Consumption Entry with Duty Drawback $  Customs Broker’s Entry Bond

A chart comparing these methods is available on our website.

Typical Import/Export Documents for Temporary Exports

$  ATA Carnet or TIB $  Electronic Export Information (EEI) $  Certificate of Cargo Insurance.

$  Evidence of insurance is required. $  Export License, if required.

Logistics $  Hand-Carried vs. Shipped $  Trade Missions or Trade Shows May Have

Logistics Partners $  Is there a waiver for duties and taxes?

$  FedEx, DHL, UPS Do Not Understand Carnets

$  You Can Control Customs Clearance Process Regardless of Your Logistics Provider

ATA Carnet Document $  Accepted in 84 countries. $  Single document can be used

for multiple countries and trips. $  Accepted for 6-12 months. $  Works with hand-carried or

shipped items. $  Can be issued directly to

shipper or to their freight forwarder.

Steps to Obtaining a Carnet $  Create an online account. $  Prepare the carnet form.

$  Purpose of trip, EIN, Authorized Reps, Countries, Modes of transport, List of goods.

$  Examples of Application Pages Available Online.

$  Lost, Stolen & Destroyed (LSD) Carnet Document Warranty

$  Temporary Storage & Transit Insurance (marine cargo insurance).

$  Delivery and payment. Budget Worksheet.

Cost to Obtain a Carnet Ex: $20,000 Value to Germany

Costs @ $20,000 Value

ATA Carnet

Duties & Taxes

Processing Fee $260 0

Carnet Bond* $100 0

Miscellaneous $100 0

Import Duty (min 5%) 0 $1000

VAT (19%) 0 $3800

Estimated Total $460 $4800

* $8,000 x 1% = $80 with $100 minimum premium

Selling Goods Overseas

$  Under a Permanent (Consumption) Entry no additional import-export forms are required.

$  For a Temporary Import, the entry becomes permanent: duties & taxes must be paid. $  Proof of payment of duties & taxes must be

presented to foreign customs. $  Or, a claim under the carnet will occur.

Contact Information

boomerang carnets CIB Carnet HelpLineSM 800.ATA.2900

Info@ATACarnet.com Website: www.ATACarnet.com

LinkedIn User & Discussion Group @ATACarnetExpert & @BoomerangFr8Gal

Facebook – Google+ Proud Sponsors of the U.S. Boomerang Team

Thank You

ATACarnet.com – 800.ATA.2900