What is a ATA or TDB/BOFT Carnet ?
It is :
- A passport for goods (a set of colour coded forms)
- allows duty/tax free admission of goods
- goods must be totally re-exported/re-imported within time limits stipulated by Customs authorities
- An internationally accepted Customs Document, issued by an authorised Chamber of Commerce.
Allows the temporary import and export of goods without the need for raising bonds, duty, tax and Customs formalities in one or a number of participating countries.
In Singapore, ATA Carnets are issued by the Singapore International Chamber of Commerce.