Reducing Time for Import - Export Procedures by Temporary Admission
The workshop on ATA Carnet and Istanbul Convention on Temporary Admission took place on November 18, 2014 at the Grand Plaza Hotel, Hanoi. The event was organised by the General Department of Vietnam Customs (GDC) and the Asian International Chamber of Commerce (ICC).
In order to meet the growing demand for goods temporarily imported for re-export, especially goods for fairs and exhibitions and advertising, customs offices in all countries over the world have set up a customs management system called the temporary admission for handling goods temporarily imported for re-export or temporarily exported and re-imported through one or more countries.
This admission allows goods to be temporarily imported into or exported out of a country in a certain time period provided that the owners who temporarily import or export ensure to re-export or re-import within a certain time period and abide the regulations of the country where the goods depart or arrive.
Temporary admission allows minimising the procedures related to import and export (declaration, payment and tax reimbursement, handling permits) because these requirements have been implemented before, in the country's shippers by using ATA Carnet. This is one of advanced customs service methods aiming to facilitate in maximum for some trade activities (goods for exhibitions, fairs, events, professional appliances).
LH