Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / TMI Blogs / RSS

Agreement between the India-Taipei Association in Taipei (ITA) and the Taipei Economic and Cultural Center in India (TECC) on the FICCI / TAITRA Carnet for the Temporary Admission of Goods

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ely under sub-section (7) and (9) of section 3,] of the said Customs Tariff Act, subject to the conditions that, - (1)  the event specified in Schedule II annexed hereto is being held in public interest and is sponsored or approved by the Government of India or the India Trade Promotion Organisation; (2)  the said goods are imported under an FICCI/TAITRA Carnet (hereinafter referred to as the Carnet) issued in accordance with the 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 signed on 20th March, 2013 and reproduced in Schedule III annexed hereto and the Carnet is guaranteed by the Federation of Indian Chamber of Commerce and Industry in India (hereinafter referred to as FICCI ); (3)  the said goods in all respects conform to the description, quantity, quality, value and other specifications given in the Carnet duly certified by the Customs authorities in the territory of exportation; (4)  the said goods shall be exported within a period of six months from the date of importation: Provided th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....bsp; Exhibition or meeting which is primarily organised to promote any branch of learning, art, craft, sport or scientific, educational or cultural activity to promote friendship between people, or to promote religious knowledge or worship; (d)  Meeting of representatives of any international group of organisations; (e)  Representative meeting of an official of commemorative character. Explanation:- The events specified in this Schedule do not include exhibitions organised for private purposes in shops or business premises with a view to promote the sale of foreign goods. SCHEDULE-III 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 PREAMBLE The India-Taipei Association in Taipei and the Taipei Economic and Cultural Center in India (hereinafter referred to as "the Contracting Parties"), Having in mind the facilitation of the procedures for the temporary duty-free importation of goods from each others' territories, Convinced that the adoption of common procedures for the temporary duty-free importation of goods would af....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....services rendered. CHAPTER II SCOPE Article 3 Customs Administration in the territory of each Contracting Party may accept FICCI/TAITRA Carnets valid for its territory and issued in accordance with the conditions laid down in the present Agreement, in lieu of its Customs documents and as due security for the sums referred in Article 6 of the present Agreement, for temporary importation of goods for display or use at exhibitions, international fairs, meetings or similar events as per the laws in force in its territory. CHAPTER III ISSUE AND USE OF FICCI/TAITRA CARNETS Article 4 (1)  Issuing Associations shall not issue FICCI/TAITRA Carnets with a period of validity exceeding one year from the date of issue. They shall indicate on the cover of the FICCI/TAITRA Carnet the territory in which it is valid and the names and the addresses of the corresponding Guaranteeing Associations. (2)  Once a FICCI/TAITRA Carnet has been issued, no extra item shall be added to the list of goods enumerated on the reverse of the front cover of the Carnet, or on any continuation sheets annexed thereto (General List). Article 5 The period fixed for the re-exporta....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... become final after a period of three months from the date of the deposit or payment. During the latter period the Guaranteeing Association may still furnish the proof referred to in the preceding paragraph with a view to recovery of the sums deposited or paid. (3)  If the laws and regulations of the territory concerned do not provide for the deposit or provisional payment of import duties, payments made in conformity with the provisions of the preceding paragraph shall be regarded as final, but the sums paid shall be refunded if the proof referred to in paragraph (1) of this Article is furnished within three months of the date of the payment. Article 8 (1)  Evidence of re-exportation of goods imported under cover of a FICCI/TAITRA Carnet shall be provided by the re-exportation certificate completed in that Carnet by the Customs authorities of the territory into which the goods were temporarily imported. (2)  If the re-exportation of goods has not been certified in accordance with paragraph (1) of this Article, the Customs authorities of the territory of importation may, even if the period of validity of the Carnet has already expired, accept as evidence ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....arnets intended to be issued in the territory into which they are imported and which are sent to an Issuing Association by a corresponding foreign association, by an international organization or by the Customs authorities of the territory of a Contracting Party, shall be admitted free of import duties and free of any import prohibitions or restrictions. Corresponding facilities shall be granted at exportation. Article 14 For the purposes of the present Agreement, "territory" means the territory in which the Customs laws are administered by the respective Customs Administration/authorities. Article 15 In the event of fraud, contravention or abuse, the Customs authorities of the Contracting Parties shall, notwithstanding the provisions of the present Agreement, be free to take proceedings against persons using FICCI/TAITRA Carnets, for the recovery of the import duties and other sums payable and also for the imposition of any penalties to which such persons have rendered themselves liable. In such cases, the Associations shall lend their assistance to the Customs authorities. Article 16 The Annex to the present Agreement shall be construed to be an integral part of....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ive Annex to Agreement ------------ Notes:- 1. Substituted vide Not. 43/2017 - Dated 30-6-2017, w.e.f.  1st day of July, 2017, before it was read as, "additional duty leviable thereon under section" ============= Document 1 Issuing Association - TAIWAN EXTERNAL TRADE DEVELOPMENT COUNCIL Annex to the Agreement TAITRA / FICCI CARNET FOR THE TEMPORARY ADMISSION OF GOODS TO BE RETURNED TO THE OFFICE OF ISSUE AFTER USE A. HOLDER AND ADDRESS FOR ISSUING ASSOCIATION USE FRONT COVER (a) TAIWAN EXTERNAL TRADE DEVELOPMENT COUNCIL CARNET N° Τ TALTRA Α B. REPRESENTED BY* (B) ISSUED BY с FLCC- CARNET TW TAIWAN EXTERNAL TRADE DEVELOPMENT COUNCIL C. INTENDED USE OF GOODS (C) VALID UNTIL / YEAR MONTH DAY(INCLUSIVE) This Carnet shall be used in Taiwan and India under the guarantee of TAITRA and FICCI respectively. TAIWAN - TAIWAN EXTERNAL TRADE DEVELOPMENT COUNCIL INDIA - FEDERATION OF INDIAN CHAMERS OF COMMERCE AND INDUSTRY Signature of authorized official and stamp of the Issuing Association The holder of this Carnet and his representative will be held responsible f....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....porarily exported under cover of exportation voucher N'(s)... 2. Other remarks* N *If applicable Place 4. 5. / / Date(year/month/day) 6. Signature and Stamp Customs office Place Date(year/month/day) Signature and Stamp .have been exported .have been temporarily imported. .of this Carnet have been re-imported. TAITRA / FICCI CARNET Clearance for transit 1. The goods described in the General List under item N*(s) have been despatched in transit to the Customs Office at... 2. Final date for re-exportation/production to the Customs of goods * 3. Registered under reference N' * T|T RR 4. ΑΙΑ N❘N SS T *Z N Customs Office 5. Place Certificate of discharge by the Customs Office of destination 1. The goods specified in paragraph 1 above have been re-exported / produced* 2. Other remarks* 3. Customs Office 4. Clearance for transit 1. The goods described in the General List under item N*(s) have been despatched in transit to the Customs Office at..... 2. Final date for re-exportation / production to the Customs of goods * 3. Registered unde....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....etc.)* FOR CUSTOMS USE ONLY H. CLEARANCE ON EXPORTATION a) The goods referred to in the above declaration have been exported. b) Final date for duty-free re-importation : F. TEMPORARY EXPORTATION DECLARATION I, duly authorised: a) declare that I am temporarily exporting the goods enumerated in the list overleaf and described in the General List under Item N* (s) b) undertake to re-import the goods within the period stipulated by the Customs Office or regularize their status in accordance with the laws and regulations of the territory of importation. c) confirm that the information given is true and complete. year month day c) This voucher must be forwarded to the Customs Office at :* d) Other remarks: * At Customs Office Date(year/month/day) Signature and stamp Place Name *If applicable Signature X- Date(year/month/day)- -X GENERAL LIST Item N* Trade description of goods and marks and numbers, if any Number of Pieces Weight or Volume Value* 1 2 TOTAL or CARRIED OVER *Commercial value in territory of issue and in its currency, unless stated different....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... G. RE-EXPORTATION VOUCHER N* (a) CARNET N* TW (b) ISSUED BY TAIWAN EXTERNAL TRADE DEVELOPMENT COUNCIL (c) VALID UNTIL YEAR MONTH DAY(INCLUSIVE) D. MEANS OF TRANSPORT* E. PACKAGING DETAILS (number, kind, marks etc.)* FOR CUSTOMS USE ONLY H. CLEARANCE ON RE-EXPORTATION a) The goods referred to in paragraph F. a) of the holder's declaration have been re-exported* b) Action taken in respect of goods produced but not re-exported*. F. RE-EXPORTATION DECLARATION I, duly authorised: a) declare that I am re-exporting the goods enumerated in the list overleaf and described in the General List under item N*(s) c) Action taken in respect of goods NOT produced and NOT intended for later re-exportation.* d) Registered under reference N'* which were temporarily imported under cover of importation voucher(s) N*(s) of this Carnet At b) declare that goods produced against the following item N*(s) are not intended for re-exportation: c) declare that goods of the following item N*(s) not produced, are not intended for later re-exportation: e) This voucher must be forwarded to the Customs Of....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....al value in territory of issue and in its currency, unless stated differently. **Show country of origin if different from territory of issue of the Carnet, using ISO territory codes. **Country of j origin For Customs Use 3 4 5 6 7 IRIR AA TRANSIT TRANSIT TT ININ TAITRA / FICCI CARNET A. HOLDER AND ADDRESS FOR ISSUING ASSOCIATION USE G. TRANSIT VOUCHER N* B. REPRESENTED BY* C. INTENDED USE OF GOODS D. MEANS OF TRANSPORT* (a) CARNET N* TW (b) ISSUED BY TAIWAN EXTERNAL TRADE DEVELOPMENT COUNCIL (c) VALID UNTIL YEAR / MONTH H. CLEARANCE FOR TRANSIT 1 DAY(INCLUSIVE) FOR CUSTOMS USE ONLY a) The goods referred to in the above declaration have been cleared for transit to the Customs Office at: E. PACKAGING DETAILS (number, kind, marks etc.)* b) Final date for re-exportation /productionto the Customs :* year/month / day c) Registered under reference N* F. DECLARATION OF DESPATCH IN TRANSIT I, duly authorised: d) Customs seals applied* a) declare that I am dispatching to: e) This voucher must be forwarded to the Customs Office at :* At 1 ....