No ATA Carnets to Brazil in the New Year

By: Kelli Milianti, ATA Carnet Manager, Roanoke Insurance Group Inc. When shipping goods for temporary importation and re-exportation, businesses must select a form of security to meet customs requirements. Most often the cargo owner faces the choice between using an ATA Carnet with a carnet bond or a Temporary Import Bond (TIB). Each option has its advantages, but the ATA Carnet generally offers more streamlined benefits for international trade. Benefits of an ATA Carnet 1. Cost Savings: ATA Carnets eliminate duties and value-added taxes (VAT) when goods are re-exported within the validity period, reducing financial burdens[1][2][3]. 2. Simplified Customs Procedures: […]

Have you visited KnowledgePort for your ATA Carnets education needs recently? Whether you’re looking to stay current on the industry or jumpstart revenues, the ATA Carnet content in KnowledgePort is there to help you.   We currently have three courses on ATA Carnets for you to check out. Learn online and on your own schedule with any or all of these courses, and earn NEI continuing education credits to meet your CCS, CES or MES requirements. These courses are available at no cost to Roanoke clients.   ATA Carnet Fundamentals | Interactive Course This series of lessons will familiarize you […]

As the Olympic flame burns brightly, athletes from around the world gather to compete in a showcase of human achievement and global unity. For freight forwarders, the Olympic Games represent a unique opportunity to play a crucial role behind the scenes, ensuring that equipment and goods cross international borders seamlessly. The key to this success? The ATA Carnet—a vital tool in the freight forwarder’s toolkit that makes international shipping for temporary imports a breeze. What is an ATA Carnet? The ATA Carnet is an international customs document that provides duty and tax-free customs clearance for temporary exports into foreign countries. […]