What is the origin of the ATA Carnet System?
A. To encourage world trade by reducing the obstacles caused by varying national customs regulations, the Customs Co-operation Council, now the World Customs Organization, adopted in December, 1961, the “Customs Convention on the ATA Carnet for the Temporary Admission of Goods.” Carnets are issued and guaranteed by national groups, which administer the ATA Carnet System under a set of conditions established by the International Bureau of Chambers of Commerce (IBCC), now called World Chambers Federation (WCF). The WCF is sponsored by the International Chamber of Commerce (ICC) in Paris. Customs authorities in over 63 Countries accept the Carnet as a guarantee that all duties and taxes will be paid if the Carnet is misused.
