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Exemption from customs duties and other charges: Convention on Temporary Admission
Exemption from customs duties and other charges: Convention on Temporary Admission
Exemption from customs duties and other charges: Convention on Temporary Admission
Exemption from customs duties and other charges: Convention on Temporary Admission
SUMMARY OF:
Convention relating to temporary admission (Istanbul Convention)
WHAT IS THE AIM OF THE DECISION AND THE CONVENTION?
The decision approves on behalf of the European Economic Community (now the EU) the Convention on Temporary Admission* agreed at Istanbul on 26 June 1990 and its annexes, subject to certain conditions.
The aim of the convention is to facilitate temporary admission by simplifying and harmonising procedures through the adoption of standardised model papers such as international customs documents with international security, thereby contributing to the development of international trade.
KEY POINTS
Each contracting party to the convention has the right to make the temporary admission of goods subject to the production of a customs document, under a simplified procedure, if appropriate, and to the payment of a security equivalent to an amount not exceeding the amount of the import duties and taxes from which the goods are exempt.
Temporary admission may be terminated:
The convention allows for the establishment of an administrative committee to consider the implementation and interpretation of the convention.
It describes in detail the rules applicable to:
The EU accepts the annexes to the convention, subject to certain reservations.
DATE OF ENTRY INTO FORCE
The convention entered into force on 18 September 1997.
KEY TERMS
MAIN DOCUMENTS
Council Decision 93/329/EEC of 15 March 1993 concerning the conclusion of the Convention on Temporary Admission and accepting its annexes (OJ L 130, 27.5.1993, pp. 1-3)
Successive amendments to Decision 93/329/EEC have been incorporated in the basic text. This consolidated version is of documentary value only.
Convention relating to temporary admission (Istanbul Convention) (OJ L 130, 27.5.1993, pp. 4-75)
RELATED DOCUMENT
Information on the entry into force of the Convention on Temporary Admission and accepting its Annexes (OJ L 329, 29.11.1997, p. 69)
last update 05.11.2018