Page 28 - COMBINED QUESTIONS AND ANSWERS - EDITION 2019 - PART II_Neat

ATA CARNET
Q-78: Who fixes the period of validity of the TIR Carnet by specifying a final date of validity after
which the Carnet may not be presented for acceptance at the Customs Office of departure?
(i) Ministry of Finance
(ii) The National Guaranteeing Association
(iii) Ministry of Commerce

(iv) None of the above
A-78: ii - The National Guaranteeing Association
Q-79: Can I Add Extra Items To The Carnet List?
(a) Yes, extra item can be added to the list of goods after issuing of Carnet.
(b) No. Once a Carnet has been issued no extra item can be added to the list of goods.
Which one is correct on the above on Carnet?
(i) a only
(ii) b only

(iii) both a and b
(iv) None of the above
A-79: ii – b only
Q-80: How long is a carnet valid?

(i) 6 months from the date of issue
(ii) 9 months from the date of issue
(iii) One year from the date of issue
(iv) Two years from the date of issue
A-80: iii - One year from the date of issue.
Q-81: The contents of the principal page of Green Cover under Carnet
(i) Holder and Carnet information and Carnet countries

(ii) Customs certificate to initiate the Carnet
(iii) Original General List
(iv) All of the above
A-81: iv - All of the above
Q-82: The Federation of Indian Chambers of Commerce and Industry (FICCI) issues

(i) Guarantees the payment of duties and taxes to Customs on domestic authorities
(ii) Guarantees the payment of duties and taxes to Customs on foreign authorities
(iii) Carnets under the Convention in India
(iv) All of the above
A-82: iv - All of the above
Q-83: Explain the conditions on Temporary Import of Professional Equipment and Sports Goods
under ATA

A-83: (i) The goods are imported under a Carnet guaranteed by the Federation of Indian
Chamber of Commerce and Industry in India (FICCI), as per provisions of the

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