#27 SUSB Expo 2014 Boomerang Carnets

1. ATA Carnet,
The Merchandise Passport
Taking Demo Equipment, Prototypes & Samples Abroad
Leslie Levy August,
Senior Vice President,
boomerang carnets

2. Who Are We?
$ Appointed ATA Carnet Service Provider for
the United States Council for International
Business for 25 years.
$ We issue 7000+ ATA Carnets for temporary
exportation of equipment and merchandise
valued at $2.35B annually.
$ Clients range from individuals to Fortune 100
corporations across all business,
government, educational and cultural sectors.

3. Why Are We Here?
$ Commercial opportunities
for autonomous vehicles
may be more viable
overseas than in the U.S.
at this time.
$ The Merchandise
Passport can reduce
costs and make clearing
customs easier when
marketing, demonstrating
or selling overseas.

4. FAQ
Regarding Temporary Exports
$ Can I just bring the items on the plane with me
in my luggage?
$ When do I need a freight forwarder?
$ Does “temporary” mean that export licensing &
regulations are waived for that shipment?
$ Does a carnet cover hand carried as well as
shipped goods?
$ Can the trade show or exhibition organizer
provide what I need?
$ How is a prototype identified & valued?

5. Categories of Imports*
$ Temporary Imports (boomerang freightsm
)
$ Trade Show Booths, Exhibition Equipment
$ Product Samples for Display or Demonstration
$ Not Dutiable or Taxable
$ Returns to Country it Was Shipped From
$ Usually Returns Within 12 Months
$ Permanent Imports
$ Imported Products For Sale in Foreign Country
$ Dutiable and Taxable

6. Temporary vs. Permanent
Imports - Differences
$ Different Requirements & Needs
$ Temporary = U.S. Export and Re-Import
$ Permanent = U.S. Export Only
$ Documents
$ Duties
$ Taxes
$ Cargo Insurance – Round-Trip vs.
One-Way

7. Advantages of Temporary vs.
Permanent
$ Temporary import-exports are subject to all
the same rules and regulations as permanent
imports.
$ However, if you prepare and document a
temporary import properly you can save time,
hassle and money.
$ Carnet costs can be as little as 10% of the cost of
duties and taxes.

8. Export Controls, Licensing &
Regulations
$ Temporary export documents, such
as ATA Carnets, do not negate the
need for export licenses or the need
to adhere to export regulations.

9. Types of Temporary Export-
Import Documents
$ Temporary Import Bond (TIB)
$ ATA Carnet – Developed especially for
commercial samples, professional equipment
and trade fairs & exhibitions.
$ Consumption Entry with Duty Drawback
$ Customs Broker’s Entry Bond
A chart comparing these methods is available
on our website.

10. Typical Import/Export Documents
for Temporary Exports
$ ATA Carnet or TIB
$ Electronic Export Information (EEI)
$ Certificate of Cargo Insurance.
$ Evidence of insurance is required.
$ Export License, if required.

11. Logistics
$ Hand-Carried vs. Shipped
$ Trade Missions or Trade Shows May Have
Logistics Partners
$ Is there a waiver for duties and taxes?
$ FedEx, DHL, UPS Do Not Understand
Carnets
$ You Can Control Customs Clearance
Process Regardless of Your Logistics
Provider

12. ATA Carnet Document
$ Accepted in 84 countries.
$ Single document can be used
for multiple countries and trips.
$ Accepted for 6-12 months.
$ Works with hand-carried or
shipped items.
$ Can be issued directly to
shipper or to their freight
forwarder.

13. Steps to Obtaining a Carnet
$ Create an online account.
$ Prepare the carnet form.
$ Purpose of trip, EIN, Authorized Reps, Countries, Modes of
transport, List of goods.
$ Examples of Application Pages Available Online.
$ Lost, Stolen & Destroyed (LSD)
Carnet Document Warranty
$ Temporary Storage & Transit Insurance (marine
cargo insurance).
$ Delivery and payment. Budget Worksheet.

14. Cost to Obtain a Carnet
Ex: $20,000 Value to Germany
Costs @ $20,000 Value ATA Carnet Duties & Taxes
Processing Fee $260 0
Carnet Bond* $100 0
Miscellaneous $100 0
Import Duty (min 5%) 0 $1000
VAT (19%) 0 $3800
Estimated Total $460 $4800
* $8,000 x 1% = $80 with $100 minimum premium

15. Selling Goods Overseas
$ Under a Permanent (Consumption) Entry no
additional import-export forms are required.
$ For a Temporary Import, the entry becomes
permanent: duties & taxes must be paid.
$ Proof of payment of duties & taxes must be
presented to foreign customs.
$ Or, a claim under the carnet will occur.

16. Contact Information
boomerang carnets
CIB Carnet HelpLineSM
800.ATA.2900
Info@ATACarnet.com
Website: www.ATACarnet.com
LinkedIn User & Discussion Group
@ATACarnetExpert & @BoomerangFr8Gal
Facebook – Google+
Proud Sponsors of the U.S. Boomerang Team

17. Thank You
ATACarnet.com – 800.ATA.2900