Excelsior Correspondent
Bengaluru, Mar 18: Sandeep Prakash, Commissioner of Customs, Bangalore inaugurated the Workshop on ATA Carnet organised by FICCI (Federation of Indian Chambers of Commerce & Industry.
He said, “the timing of the workshop is co-inciding with the operationalisation of ATA Carnet in India for 25 years.” He added that there was a great need to incentivise SME’s to take advantage of the ATA Carnet system.
Bangera, Past President FKCCI, gave the opening remarks. Nirankar Saxena, Senior Director, FICCI, made a presentation on ATA Carnet and its benefits. He said that FICCI was working on a special framework for the MSME sector to increase the usage of ATA Carnet.
ATA Carnet is a temporary admission document which simplifies the customs procedures and clearances in a foreign country, without paying duty or a bank guarantee for temporary import into that country. Like a passport for goods, ATA Carnet allows for the goods for which it was issued to enter any of the participating countries for up to one year. An ATA Carnet holder can avoid customs declaration and can do away with security deposit or guarantees in the country of importation. In India, FICCI is the sole National Guarantor for ATA Carnets.
ATA Carnet covers several areas for use including trade fairs, shows, exhibitions, meetings etc. for temporary export into a country which is a signatory to the conventions governing ATA Carnets. Goods must be re-exported out of every country and re-imported into India within a year. At present 74 countries recognize ATA Carnet, including Australia, Canada, France, Germany, Japan, Korea, Malaysia, Spain, UAE, UK and USA. To facilitate Carnet like mechanism for temporary movement of goods/exhibits between India and Taiwan, a protocol has also been signed between FICCI in India and TAITRA in Taiwan.
Nirankar Saxena, Senior Director, FICCI introduced a brief on the ATA Carnet System and about FICCI. He said that ATA Carnet is a joint initiative of the World Customs Organization (WCO) and ICC World Chambers Federation (WCF), which initiated the ATA Carnet (ATA and Istanbul Conventions). He added that WCO and WCF/WATAC jointly administer the ATA Carnet system worldwide and it ensures its smooth functioning and helps to promote its use and expansion throughout the World.
S. Vijayalakshmi, Deputy Director, FICCI spoke on ATA Carnet and its introduction, its analysis and its roles towards a smooth transit from one country to another.
Follow our WhatsApp channel