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ATA Convention is the expression commonly used to refer to the Customs Convention on the ATA carnet for the temporary admission of goods adopted by the Customs Cooperation Council (now the World Customs Organisation) in Brussels in 1961.
For the purposes of ATA Convention the term "temporary admission" means temporary importation free of import duties in accordance with the conditions laid down by the conventions referred to in the ATA Convention or by the national laws and regulations of the country of importation.
The ATA carnet system was developed in response to the needs of various types of business to move their products to trade fairs or international exhibitions, as samples to potential buyers, or simply as their own professional equipment. In addition, a number of other international Conventions for the specific types of goods were established.
In 1990, the Convention on temporary admission was adopted, which has combined within one international instrument all existing conventions on temporary admission, including the ATA Convention. It is called Istanbul Convention.
No import duties or taxes are collected for the temporary importation of goods covered by the ATA system since internationally valid security has been established by the national associations issuing the ATA carnets.
These national associations are approved by customs and are affiliated to an international guaranteeing chain administered by the ICC World Chambers Federation (ICC/WCF).
The explanation is based on information provided in the ATA Convention and by the World Customs Organisation.
- Topic: international sources of law; institutions/organisations
- Market: Global