Carnet

Posted in Operations and Supply Chain Terms, Total Reads: 781
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Definition: Carnet

Carnet or ATA Carnet (pronounced as kar-nay) is a temporary permit that can be used to bring merchandise item into specified countries without giving custom charges. It can be understood as passport for merchandise that remains valid for one year with a condition that whatever is imported has to move out of the country within the permitted time (i.e. 6 months to 12 months). Such items are also known as boomerang freight.


There are mainly 3 categories of product for which Carnet can be issued i.e. exhibition stuffs, samples for commercial purpose and professional equipments. Most of the merchandises are allowed for issuing Carnet except few items like consumables, mails and disposable items. A user can apply for a Carnet through both online and offline application and can get it within a week time.


Example:

Suppose you are a musician then you will need to carry a number of musical instruments from one country to another for your musical shows. In order to avoid custom charges, you can apply for Carnet i.e. temporary permit for your gadgets which will enter another country for temporary period (hence called Boomerang freight).

 

Hence, this concludes the definition of Carnet along with its overview.

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