What you should know about Temporary Admission

Introducing

Temporary Admission is a term used in the field of customs and international trade to refer to the process of temporarily authorizing specific goods to enter or move through a country temporarily without paying customs duties. This type of release is an essential part of customs policies that aim to promote international trade and provide support to companies involved in it.

Importance of Temporary Customs Admission:

1. Stimulating international trade: Temporary customs admission stimulates international trade by reducing the customs costs involved in bringing goods into different countries. This encourages companies to increase the volume of trade and expand their business.

2. Speed up logistics operations: By avoiding full or comprehensive customs procedures, companies can speed up the movement of their goods across borders, reducing transportation costs and improving supply chain efficiency.

3. Reduce administrative costs: By using temporary customs admission, companies can minimize the administrative costs associated with full customs procedures, such as submitting the necessary documentation and transactions.

Temporary Customs Admission process:

1. Submission of the application: The exporting or importing company submits an application for Temporary Customs Admission to the relevant customs authorities.

2. Customs evaluation: The customs authorities assess the application and the goods in question to verify that they comply with the applicable standards and regulations.

3. Granting of release: After the application is approved and the necessary procedures are carried out, the customs authorities grant Temporary Customs Admission for the goods, allowing them to enter or transit temporarily without paying full customs duties.

4. Commitment: Temporary Customs Admission may require financial guarantees or undertakings from the company receiving the release to ensure compliance with the specified conditions.

The most important cases in which Temporary Admission is applied:

Temporary Admission is applied in several different cases and scenarios, as the cases in which this type of release can be used are determined according to the customs laws and legislation of each country. Among the main cases in which Temporary Admission can be applied are:

1. Trade shows and public events: Temporary Admission is used to allow goods exhibited at trade shows and public events to enter temporarily without paying full customs duties.

2. Repair or maintenance: Temporary Admission can be used to allow the entry of spare parts or equipment needed for the temporary repair or maintenance of equipment or machinery located in the country.

It should be noted that these situations vary from country to country according to the customs legislation and regulations in force in each country. Therefore, companies and individuals should familiarize themselves with local customs regulations and consult with the relevant government agencies for accurate information on the application of Temporary Admission in specific cases.

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