What is carnet ATA in SAP SD-FT - Foreign Trade?

SAP Term: carnet ATA

• Component: SD-FT

• Component Name: Foreign Trade

• Description: A customs document used for importing commercial samples and professional equipment that are temporarily duty free. The Admission Temporaire or Temporary Admission ATA Carnet guarantees that duties and excise taxes will be paid if the items on the document remain the country over a year.

Smart SAP Assistant

• Key Concepts: 
  Carnet ATA is an international customs document that allows the holder to temporarily import goods into a foreign country without paying duties or taxes. It is issued by the Chamber of Commerce and Industry in the country of origin and is valid for one year. The carnet ATA is used in SAP Foreign Trade (SD-FT) to facilitate the temporary import of goods into a foreign country. 
  
  How to use it: 
  In SAP Foreign Trade, the carnet ATA is used to document the temporary import of goods into a foreign country. The carnet ATA must be presented to customs authorities in the foreign country in order for the goods to be imported without paying duties or taxes. The carnet ATA must also be presented when the goods are exported from the foreign country. 
  
  Tips & Tricks: 
  When using a carnet ATA, it is important to ensure that all documents are properly filled out and that all information is accurate. It is also important to ensure that all documents are presented to customs authorities in a timely manner. 
  
  Related Information: 
  For more information on carnet ATA, please refer to the SAP Foreign Trade documentation. Additionally, you can find more information on carnet ATA from the World Customs Organization website.