Temporary admission carnet use as Customs document allowed, enabling duty free temporary imports subject to guarantee and re export rules. The notification establishes regulations implementing the FICCI/TAITRA Carnet Agreement, making the Carnet an accepted Customs document and security for duty free temporary admission of exhibition and similar goods, prescribing specific Carnet forms and use rules. It defines issuer and guarantor roles for FICCI and TAITRA, limits Carnet validity to one year, fixes re export deadlines to within Carnet validity, and sets out Guaranteeing Associations' joint and several liability with procedures and time limits for claims, proof of re exportation, provisional payments, refunds and regularisation.