The customs regimes of temporary importation and temporary exportation of goods are important tools that allow for the temporary movement of goods across the customs border without payment of duties and other customs fees.
Temporary importation is used when goods are brought into the country for a limited period with a specific purpose. Some key cases where this regime is applied include equipment repair and servicing, machinery setup, exhibitions and fairs, as well as participation in sporting events. During temporary importation, goods remain under customs control but are not subject to payment of customs duties or fees.
Temporary exportation is employed when goods are temporarily taken out of the country for a limited period with a specific purpose. This regime is used, for instance, for exporting goods for repair or upgrading, processing raw materials abroad, or participating in exhibitions and fairs outside the country. During temporary exportation, goods remain under customs control and can be returned without payment of duties or other customs fees if they are returned in an unchanged condition.
These customs regimes provide flexibility and economic efficiency for enterprises and organizations engaged in temporary movements of goods. They contribute to reducing costs related to customs payments and saving time and resources during international cargo operations.
To utilize these customs regimes, it is necessary to have the appropriate documents and comply with the requirements of customs authorities. Professional customs brokers and experts in customs matters, such as 7PORT, assist clients in understanding the requirements, documentation, and procedures associated with temporary importation and temporary exportation of goods. We will ensure efficient customs clearance and help mitigate risks and costs related to international goods movements.
