Get a UK Carnet
7 Reasons a Carnet is Better
We love lists so here's my list of the 7 Reasons a Carnet is Better than other Temporary Export-Import Methods. (To get the proof, click through to the detailed chart that compares temporary export methods.)
The 7 Reasons a Carnet is Better
- It's Easily Obtained.
- Provides duty- & tax-free entry into foreign countries AND duty free re-entry to the US.
- Entry documents are issued prior to departure.
- All fees, security deposits and premiums are fixed, known and paid prior to departure.
- Payment in US dollars for fees, premiums, duty, tax and deposits.
- Convenience and Security of Payment of Fees, Deposits, Duty or Tax by Credit Card.
- Unlimited use to more than one country for up to a period of one year.
Can We Prove It?
We say the carnet is better but you shouldn't take our word for it. You should make us prove it.
A few years ago I set out to do just that. I wrote a detailed comparison chart that analyzed and compared temporary import-export methods such as the ATA Carnet, Temporary Importation Under Bond, the CF4455, Foreign Consumption Entry - Duty Drawback and the Foreign Customs Broker's Entry Bond. I admit it is a lot of detail to wade through but it does make the point that, for most temporary exports*, a carnet is the best option. We just republished the chart as a web page titled "boomerang carnets® from the USA: A Comparison." Enjoy!
*I will be the first to admit that there are always exceptions and in temporary import-export that is also true. Not every temporary import-export situation needs or should use a carnet.