ATA Carnet, also referred to as Passport for Goods, is a global customs document allowing the duty-free temporary entry of the goods. The system was created by the International ATA Conventions, and governed by the International Chamber of Commerce (ICC) and the World Customs Organisation (WCO).
Benefits of ATA Carnet:
Eliminate VAT and duties
Unlimited entries and departures for 1 year
Facilitate re-entry
Simplify customs procedure for temporary exporter