What is Carnet Cancellation?
Carnet cancellation is the process by which a Carnet is evaluated to determine the likelihood of future claim(s). If our evaluation shows that the likelihood of a claim is low then the Carnet will be conditionally cancelled.
Cancellation Procedures
1. Letters are sent to remind Carnet holders to return their Carnets:
5 months after Carnet issue date
9 months after Carnet issue date
11 months after Carnet issue date
Because of processing and transit delays, some reminder letters may be received after those Carnets have already been returned. Holders should disregard those reminder letters in such situations.
*Note that these are not dependent on EXPIRY date (as some Carnets are valid for less than a year)
2. All returned Carnets are reviewed usually within four weeks following receipt.
3. Holders of Carnets for which claims are deemed unlikely will receive cancellation letters. The cancellation letter conditionally cancels the Carnet and its associated security deposit. If a Carnet has a cash security deposit, the cash will be refunded in full. If the security deposit is in the form of a bond or written agreement, the bond or the agreement will be cancelled. It is important to note that this cancellation is conditional. Should a claim be issued, the holder remains responsible for any duties, taxes and penalties that become payable.
4. If the Carnet was deemed to be used improperly used, the holder will receive a “Possible Claim/Missing Certificates Letter” notifying him/her the nature of the problem, e.g. missing sheets, possible claim. Please follow the instructions explained on the letter. For information on USCIB Claims procedures, click here.
Cancellation FAQs:
1. When do I return the Carnet?
The Carnet should be returned to USCIB after its final use or immediately after its expiration, whichever comes first.
2. To where do I return the Carnet?
The Carnet holder should make and keep a clear copy of the whole Carnet booklet (all used and even un-used sheets), and return the original via receipted mail to Carnet HQ:
USCIB
1212 Avenue of the Americas
New York, NY 10036
Attn: Carnet Cancellation & Redemption Analyst
3. What should I do if the Carnet is misplaced, lost, or destroyed?
Please contact our claims/cancellation staff to locate the appropriate analyst. Or contact Anna Zhang, Director of Carnet Claims at azhang@uscib.org or 212-703-7075.
4. What should I do if the merchandise is sold in the country of importation?
If goods are sold overseas, proof of payment (a cashier’s receipt) from the Customs of the country of importation should be attached to the returned Carnet. Please note that the Carnet number must be indicated on the cashier’s receipt.
5. Is it possible for the goods under the Carnet to remain in the country after the Carnet has expired?
It may be. You may apply for a replacement Carnet, which normally allows the goods to stay in the country of import for another year. Approval and acceptance of replacement Carnets vary from country to country. To apply, please contact the office where you obtained your original Carnet at least 30 days prior to Carnet expiration.
6. I received a duplicate Carnet after I lost the original. The duplicate was sent back to you. Why am I still getting reminder letters?
In order to cancel a Carnet, both the duplicate and the original must be returned. Reminder letters will be generated if only the duplicate was returned. If you do not have the original then the Carnet must remain open for one year after the expiration date. If no claim(s) is issued during that time period then the Carnet will be cancelled.
7. My Carnet was never used. Do I still have to return it?
Yes, all Carnets must be returned even if they were never used. Carnets that are not returned to Carnet HQ will be considered ‘open’ and thus, the associated security deposit will remain in effect until the time during which a customs claim may be submitted to USCIB has ended.
as of 10/29/10
