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of <h1>ATA Carnet Regulations 1990: Simplifying Temporary Goods Admission Without Duties from May 1, 1990, under Customs Act 1962.</h1> The ATA Carnet (Form of Bill of Entry and Shipping Bill) Regulations, 1990, issued by the Central Board of Excise and Customs under the Customs Act, 1962, will be effective from May 1, 1990. These regulations define the ATA Carnet as a document issued under the Customs Convention on ATA Carnets, facilitating the temporary admission of goods without duties. The Federation of Indian Chamber of Commerce and Industry guarantees the carnet in India. The regulations specify the forms for bills of entry and shipping bills for importers and exporters, applicable in numerous countries under the international guarantee chain.
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