If you’re looking to expand your global reach without the burden of customs duties and taxes, the ATA Carnet can be your new ally. This globally acknowledged customs document, also referred to as the “passport for goods,” enables the temporary admission of diverse goods into participating countries for a period of up to one year. The Philippine Chamber of Commerce and Industry (PCCI) plays a crucial role in facilitating this process.
In a significant development for Philippine businesses, the Philippine Chamber of Commerce and Industry (PCCI) has announced its readiness to implement the ATA Carnet System starting July 15. This system, often referred to as the “passport for goods,” allows for the tax and duty-free temporary admission of various goods into participating countries for up to one year.
Understanding ATA Carnet
The ATA Carnet simplifies the temporary importation and exportation of goods for specific purposes such as trade shows, exhibitions, or professional equipment use abroad. It eliminates the need to pay customs duties and taxes upon entry and exit from participating countries, saving businesses valuable time and resources.
Subscribe to the Ex-works24/7 newsletter
Step-by-Step Guide to Applying for ATA Carnet
1. Check Eligibility: Before applying, ensure your goods qualify under the ATA Carnet system. Eligible items typically include professional equipment, exhibition goods, and items for cultural or educational purposes.
2. Contact the PCCI: The Philippine Chamber of Commerce and Industry serves as the national guaranteeing and issuing authority in the Philippines. Contact their ATA Carnet Secretariat for initial inquiries and guidance.
Website: Visit www.philippinechamber.com for detailed information.
Email: Reach out to pcci.atacarnet@philippinechamber.com for specific queries.
3. Attend Training or Workshop (if available): Stay informed by attending an online training or workshop hosted by PCCI. These sessions provide comprehensive guidance on the application process, benefits, and compliance requirements.
Keep an eye on announcements for upcoming sessions on their official website or through direct contact with the PCCI Secretariat.
4. Prepare Required Documentation: Gather necessary documents including:
Completed ATA Carnet application form.
Invoice or packing list of goods.
Valid identification and proof of business registration.
5. Submit Application: Once you have all the required documents and information ready, submit your application to the PCCI Secretariat. Double-check for completeness and accuracy to avoid delays in processing.
6. Pay Fees: The issuance involves payment of fixed fees, which cover the guarantee for customs duties and taxes in case of non-compliance. Understand the cost structure and ensure timely payment.
7. Receive ATA Carnet: Upon approval, you will receive your ATA Carnet. Verify the details and ensure all entries are accurate before use.
The Benefits
- Cost Savings: Avoid paying customs duties and taxes multiple times.
- Time Efficiency: Streamline customs procedures with pre-arranged documentation.
- Global Access: Facilitate temporary imports/exports across multiple countries under a single document.
Conclusion: By applying, businesses in the Philippines can significantly enhance their trade capabilities. Embrace this opportunity to expand your market reach, and attend international exhibitions. Contact PCCI today to begin your journey towards smoother international trade with the system. For further details and updates, visit www.philippinechamber.com or email pcci.atacarnet@philippinechamber.com. Don’t miss out on this invaluable tool for global business expansion!
