Workshop on ATA Carnet “An easy tool for doing business in India and abroad”

Ludhiana, October 19, 2019: Mr A.S.Ranga, Commissioner of Customs, Ludhiana inaugurated the Workshop on ATA Carnet organized by FICCI in association with the Chamber of Industrial & Commercial Undertaking (CICU) in Ludhiana. Mr.Upkar Singh Ahuja, President, CICU, Mr Pankaj Sharma, General Secretary, CICU, Ms.S.Vijayalakshmi, Additional Director, FICCI, Mr Debashish Pal, Additional Director, FICCI and Mr C.R.Vaidya, Senior Executive Director, J.B Boda Insurance & Reinsurance Brokers Pvt Ltd. addressed the workshop. S.Upkar Singh Ahuja mention that Exporter have to carry sample abroad for exhibition and marketing purpose. Earlier the process was very cumbersome, But with ATA cornet its easy to take sample abroad only on single document and without paying custom duty its very useful for exporters with increase of Global Trade. ATA Carnet covers several areas for use including testing, calibration, film/tv shoot, media coverage apart from 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 78 countries recognize ATA Carnet, including Australia, Canada, France, Germany, Japan, Korea, Malaysia, Spain, UAE, UK and USA. Mr.Pankaj Sharma mention that 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 guarantee in the country of temporary importation. FICCI has been authorized to provide ATA Carnet certification in India. The workshop drew participation from industry experts, exporters from various sectors, fair and exhibition organizers etc. The event provided them with a unique opportunity to share their mutually beneficial knowledge and experiences. The industry discussed issues involved with respect to temporary imports of goods and drew benefit from the deliberations of the sessions. The meeting was attended by more than 80 prominent Exporter members some by namely S/Sh. Vinod Thapar, Charnjiv Singh, Sarvjit Singh, Joga Singh, Sanjay Dhiman, A.K Mittal, Amarjit Singh Dimple, Harjot Singh, Harmeet Singh Bhalla and other members of the Chamber.