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TMI BlogAgreement between the India-Taipei Association in Taipei (ITA) and the Taipei Economic and Cultural Center in India (TECC) on the FICCI / TAITRA Carnet for the Temporary Admission of GoodsX X X X Extracts X X X X X X X X Extracts X X X X ..... bill to be presented by an importer or an exporter of any goods for import or export under the agreement between the India-Taipei Association in Taipei and the Taipei Economic and Cultural Center in India on the FICCI / TAITRA Carnet for the temporary admission of Goods signed on 20th March, 2013 and reproduced in Appendix-1 shall be in the form in Appendix-2 or Appendix-3 to these regulations. [F. No. 18000/1/2013-OSD(ICD)] (Satyajit Mohanty ) Director to the Government of India Appendix-1 (See Regulation 3) AGREEMENT BETWEEN THE INDIA-TAIPEI ASSOCIATION IN TAIPEI AND THE TAIPEI ECONOMIC AND CULTURAL CENTER IN INDIA ON THE FICCI/TAITRA CARNET FOR THE TEMPORARY ADMISSION OF GOODS PREAMBLE The India-Taipei Association in Taipei and the Taipei Economic and Cultural Center in India (hereinafter referred to as "the Contracting Parties"), Having in mind the facilitation of the procedures for the temporary duty-free importation of goods from each others' territories, Convinced that the adoption of common procedures for the temporary duty-free importation of goods would afford considerable advantages to the common commercial and cultural activities of the Contract ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed in accordance with the conditions laid down in the present Agreement, in lieu of its Customs documents and as due security for the sums referred in Article 6 of the present Agreement, for temporary importation of goods for display or use at exhibitions, international fairs, meetings or similar events as per the laws in force in its territory. CHAPTER III ISSUE AND USE OF FICCI/TAITRA CARNETS Article 4 (1) Issuing Associations shall not issue FICCI/TAITRA Carnets with a period of validity exceeding one year from the date of issue. They shall indicate on the cover of the FICCI/TAITRA Carnet the territory in which it is valid and the names and the addresses of the corresponding Guaranteeing Associations. (2) Once a FICCI/TAITRA Carnet has been issued, no extra item shall be added to the list of goods enumerated on the reverse of the front cover of the Carnet, or on any continuation sheets annexed thereto (General List). Article 5 The period fixed for the re-exportation of goods imported under cover of a FICCI/TAITRA Carnet shall not in any case exceed the period of validity of that Carnet. CHAPTER IV GUARANTEE Article 6 (1) Each Guaranteeing Association shall undertake t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... laws and regulations of the territory concerned do not provide for the deposit or provisional payment of import duties, payments made in conformity with the provisions of the preceding paragraph shall be regarded as final, but the sums paid shall be refunded if the proof referred to in paragraph (1) of this Article is furnished within three months of the date of the payment. Article 8 (1) Evidence of re-exportation of goods imported under cover of a FICCI/TAITRA Carnet shall be provided by the re-exportation certificate completed in that Carnet by the Customs authorities of the territory into which the goods were temporarily imported. (2) If the re-exportation of goods has not been certified in accordance with paragraph (1) of this Article, the Customs authorities of the territory of importation may, even if the period of validity of the Carnet has already expired, accept as evidence of re-exportation of the goods: (a) the particulars entered by the Customs authorities on a voucher which has been detached from the Carnet on re-importation into the exporting territory, provided that the particulars relate to an importation which can be proved to have taken place after the re-exp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ilities shall be granted at exportation. Article 14 For the purposes of the present Agreement, "territory" means the territory in which the Customs laws are administered by the respective Customs Administration/authorities. Article 15 In the event of fraud, contravention or abuse, the Customs authorities of the Contracting Parties shall, notwithstanding the provisions of the present Agreement, be free to take proceedings against persons using FICCI/TAITRA Carnets, for the recovery of the import duties and other sums payable and also for the imposition of any penalties to which such persons have rendered themselves liable. In such cases, the Associations shall lend their assistance to the Customs authorities. Article 16 The Annex to the present Agreement shall be construed to be an integral part of this Agreement. Article 17 The provisions of the present Agreement set out the minimum ones to be accorded and do not prevent adding more provisions when necessary to facilitate the implementation of the FICCI/TAITRA Carnet system. CHAPTER VII FINAL PROVISIONS Article 18 A Protocol based on the principles of this Agreement shall be made between the Guaranteeing Associations of ..... 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