The word ‘carnet’ simply means a notebook. Later on, this word came to be commonly used for ticket books or a bunch of tickets bound
An ATA Carnet can be availed by any legally registered business organization. It is more popular among exhibitors, motion picture filming crews, sports teams, etc.
What is an ATA Carnet?
The acronym ATA stands for ‘temporary admission’ or ‘admission temporaire’ in French.
It is an international agreement between customs authorities of certain countries that allows for the movement of goods between these countries without having to pay customs duty or having to move the goods through a bond.
Who issues and guarantees an ATA Carnet?
Federation of Indian Chamber of Commerce and Industry (FICCI)
United States Council for International Business (USCIB)
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