Quality Letters of Credit Partners with ATA Carnet

April 18, 2012  |   Featured   |   admin  |   0 Comment
Quality Letters of Credit Partners with ATA Carnet

Quality LC has partnered with ATA Carnet. A Carnet or ATA Carnet  is an international customs and export-import document. It is used to clear customs without paying duties and import taxes on merchandise that will be re-exported within 12 months. Boomerang carnets specialize in the ATA Carnet export document. An carnet allows commercial samples, professional equipment and exhibit booths to clear customs duty- and tax-free. It is accepted in 83 countries for up to a year. ATA Carnets make showing, servicing and demonstrating products abroad easier and cheaper.

Definition of a carnet:

A Carnet or ATA Carnet (pronounced kar-nay) is an international customs and export-import document. It is used to clear customs without paying duties and import taxes on merchandise that will be re-exported within 12 months.

Advantages of a carnet:

The benefits of using an ATA Carnet are:

1.       Reduces costs to the exporter. Eliminates value-added taxes (VAT), duties, and the posting of security normally required at the time of importation.

2.       Simplifies customs procedures. Allows a temporary exporter to use a single document for all customs transactions, make arrangements for entry to many countries in advance, and do so at a predetermined cost.

3.       Facilitates re-entry into the U.S. Eliminates the need to register goods with U.S. Customs at the time of departure.

Same-Day Carnet Service

Boomerang carnets has same-day carnet delivery in Chicago, Los Angeles – Long Beach, New York – Midtown, New York – JFK, Dallas – DFW and San Francisco – SFO. Each of these locations also has carnet customer service, on-site, at the regional international airports (ORD, LAX, JFK, SFO etc.) if requested.









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