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        Customs

        Appendix-1 - AGREEMENT BETWEEN THE INDIA-TAIPEI ASSOCIATION IN TAIPEI AND THE TAIPEI ECONOMIC AND CULTURAL CENTER IN INDIA ON THE FICCI/TAITRA CARNET FOR THE TEMPORARY ADMISSION OF GOODS

        FICCI/TAITRA Carnet (Form of bill of entry and shipping bill) Regulations, 2014
        Chapter 01

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        Temporary admission: FICCI/TAITRA Carnets enable duty free importation for exhibitions with issuing and guaranteeing safeguards. The Agreement provides for duty free temporary admission of goods for exhibitions and similar events under standardized FICCI/TAITRA Carnet documents issued for up to one year, with Issuing Associations and Guaranteeing Associations specified; customs may accept carnets in lieu of national documents and as security, Guaranteeing Associations assume joint and several liability for import duties subject to caps and timelines for claims and regularization, and re export certification or alternative documentary proof governs discharge and refund procedures.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Temporary admission: FICCI/TAITRA Carnets enable duty free importation for exhibitions with issuing and guaranteeing safeguards.

                              The Agreement provides for duty free temporary admission of goods for exhibitions and similar events under standardized FICCI/TAITRA Carnet documents issued for up to one year, with Issuing Associations and Guaranteeing Associations specified; customs may accept carnets in lieu of national documents and as security, Guaranteeing Associations assume joint and several liability for import duties subject to caps and timelines for claims and regularization, and re export certification or alternative documentary proof governs discharge and refund procedures.


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