AT A Carnet to boost Kashmir exports THE TRIBUNE ONLINE, New Delhi, April 11, 2012
ATA Carnet, a temporary admission document which simplifies custom procedures and clearances in a foreign country, is expected to boost exports from Kashmir. This was the view of the leading exporters of Jammu and Kashmir, who participated in a workshop organized by FICCI here on ATA Carnet -- a boon for exporters and exhibitors.
ATA Carnet is a temporary admission document which simplifies custom procedures and clearances in a foreign country. The ATA Carnet allows the goods for which it has been issued to enter any of the participating country up to one year. This saves the exporter and exhibitor from the hassle of custom declaration or deposit of guarantee money.
At present 71 countries recognise ATA Carnet including Australia, Canada, France, Germany, Japan, Korea, Malaysia, Spain, UAE, United Kingdom and USA. The move to expand the scope of ATA Carnet is under active consideration of the Government. In the workshop Assistant Secretary General FICCI Nirankar Saxena spoke about the working of the ATA Carnet and its advantages.
In his address, President of Kashmir Chamber of Commerce and Industry Abdul Hamid Punjabi said that Jammu and Kashmir exports many high valued goods. He said that the state suffered because no assistant Commissioner of customs was permanently stationed in Srinagar. He said that exports from State can grow if the formalities were simplified.
Chief Commissioner Customs, Excise and Service Tax for Punjab, Himachal Pradesh and Jammu and Kashmir P.S. Pruthi advocated the need for expanding the international trade by use of items like ATA Carnet for temporary admission. He said that the Government has simplified the procedures to encourage international trade including temporary admission of goods for exhibitions and their sales.