A Carne serves as which two things?

A Carnet, specifically known as an ATA Carnet, serves as both an entry and a bond for goods that are temporarily imported into a foreign country. It simplifies customs procedures by allowing for duty-free and tax-free temporary importation of goods for a limited period, typically up to one year, across multiple countries.

As an entry, the Carnet acts as a declaration to customs authorities that the goods are being temporarily imported. This means that the necessary customs clearance can occur without the usual duties being applied, provided the goods are re-exported within the designated time frame.

As a bond, the Carnet essentially guarantees that the items will be exported again, preventing any duty or tax obligation from arising if the goods do not leave the country as intended. This bond is crucial for customs officials because it ensures compliance with export regulations and the assurance that the items listed will not remain in the country, thereby maintaining control over import duties and taxes.

In this context, other options do not accurately describe the function of a Carnet. For example, while permits and visas are important in international travel and commerce, they do not encapsulate the dual roles defined by a Carnet. Similarly, invoices and receipts relate to sales transactions rather than the customs clearances and