A carnet, also known as an ATA (Temporary Admission) carnet or a merchandise passport, is a document that allows goods to be temporarily imported into a country without paying import duties or taxes. This is used primarily for trade shows, exhibitions, and other temporary events where goods are brought in and later, shipped out of the country. To obtain a carnet, exporters must provide a bond or guarantee to cover any potential duties or taxes that may be owed if the goods are not re-exported
The carnet document itself lists all of the goods that are covered and provide information on their value, origin, and destination. Using a carnet can be a cost-effective and time-saving option for businesses that need to transport goods internationally
for temporary events. However, it is important to ensure that all the necessary paperwork is completed accurately and on time to avoid any issues at customs.