Leslie Levy August, Boomerang Carnets

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Transcript Leslie Levy August, Boomerang Carnets

The Logistics &
Documentation of Taking
Your Samples Abroad
Leslie Levy August,
Senior Vice President,
boomerang carnets
FAQ
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Can I just bring samples on the plane
with me in my luggage?
When do I need a freight forwarder?
Will the trade mission organizer handle
the details?
Can the trade show or exhibition
organizer provide what I need?
What happens if I sell the samples
overseas?
Categories of Samples
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Temporary Imports (Boomerang FreightSM)
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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
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Imported Products For Sale in Foreign Country
Dutiable and Taxable
Temporary vs. Permanent
Imports
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Different Requirements & Needs
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Temporary = U.S. Export and Re-Import
Permanent = U.S. Export Only
Documents
Duties
Taxes
Cargo Insurance – Round-Trip vs. One-Way
Temporary imports are not exempt from
licensing, certification or documentation.
Temporary vs. Permanent
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Temporary import-exports for commercial
purposes are subject to all the same rules
and regulations of permanent imports.
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Temporary export documents such as ATA
Carnets do not negate the need for export
licenses or the need to adhere to export
regulations.
However, if you prepare and document a
temporary import properly you can save time,
hassle and money.
Temporary Export-Import
Documents
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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
at ATACarnet.com.
ATA Carnet Document
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Accepted in 83 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.
Agencies Regulating Exports*
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FDA – Food & Drug Administration
U.S. Census Bureau – Foreign Trade
Dept of Commerce Bureau of Industry &
Security – Commercial & Military Applications
U.S. Department of State – Defense
U.S. Fish & Wildlife
*This is a partial list.
Import/Export Documents
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ATA Carnet
Electronic Export Information (formerly SED)
Certificate of Cargo Insurance
Export License, if required.
Logistics
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Hand-Carried vs. Shipped
Trade Missions or Trade Shows May Have
Logistics Partners
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Is there a waiver for duties and taxes?
If You Want to Use FedEx Use FedEx Trade
Networks (they understand carnets)
You Can Control Customs Clearance
Process Regardless of Your Logistics
Provider
Selling Samples Overseas
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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.
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Proof of payment of duties & taxes must be
presented to foreign customs.
Or, a claim under the carnet will occur.
Contact Information
boomerang carnets
CIB Carnet HelpLineSM 800.ATA.2900
[email protected]
Website: www.ATACarnet.com
Twitter: ATACarnetExpert & BoomerangFr8Gal
Facebook: www.Facebook.com/ATACarnet
Thank You
ATACarnet.com