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ATA Carnet Myths, Mysteries and Misunderstandings Debunked, Unraveled and Explained – 8 of 10

Friday, August 12, 2022

 

ATA Carnets have hidden costs.

 

FALSE: There are NO hidden costs with an ATA Carnet!  You know all your costs up front.  There are no surprises. 

All fees, security deposits, and premiums are fixed, known, and paid prior to departure when you use an ATA Carnet for your temporary export.  You know before you go!  Unlike other methods of temporary exportation, the ATA Carnet is easily obtained by applying online at boomerangcarnets.co.uk.  ATA Carnet use allows import-duty and -tax free entry into foreign carnet countries, and import-duty free re-entry to the U.K. It can serve as the temporary export declaration allowing re-entry into the U.K. duty free.  The ATA Carnet document is issued prior to departure.  You have it paid for and in-hand ahead of the trip.  With other modes of temporary exportation, fees are determined or arranged at the time of foreign entry!

In addition, payment for your ATA Carnet can be made by credit card ensuring convenience and security.  As a rule, this is not the case with other methods of temporary exportation.  There are a few exceptions. With an ATA Carnet your costs are known and paid in £ in advance of departure.  You’ve spent a great deal of time arranging a meeting, demo, or participation in a trade show with your goods.  You don’t want the inconvenience of having to pay import-duty and -tax on your goods, equipment, or merchandise in foreign currency at the border. With an ATA Carnet, you have peace of mind. 

The ATA Carnet is an internationally accepted unified customs document for temporarily exported merchandise, goods, or professional equipment and allows cross border movement of goods import-duty and -tax free into any of the 87+ carnet countries and territories for up to a year.   

ATA Carnet use can assist expansion into foreign markets, improve your cash flow and grow your business.  Boomerang’s Carnet Specialists offer expert customer service.  We are here to assist you 24/7, just call the Carnet HelpLine® 0808.189.3400 or email us.  Also, if you want to ship by cargo, Boomerang has freight forwarder partners who can deliver your carnet, as well as handle your freight.

For ATA Carnet news and updates subscribe to our eNewsletter: Exportise.