Custom Broker License Practice Exam

The ARA (American Re-exportation Association) and TECRO Carne (Taipei Economic and Cultural Representative Office) are international documents used for the temporary importation of goods into a foreign country without the payment of import duties and taxes. They serve to facilitate trade and business by allowing items to be imported for specific purposes, such as exhibitions, presentations, or trade shows, and then exported back out of the country.

In regard to validity, these documents are typically valid for one year from the date of issue. This one-year validity period provides sufficient time for businesses to utilize the goods for their intended purposes while maintaining compliance with international trade regulations. After one year, the goods must either be exported back to the country of origin or the appropriate duties and taxes must be paid to retain them in the importing country.

This is essential information for customs brokers to ensure that their clients adhere to regulations and maintain proper documentation during import and export processes.