Common use of Temporary Admission Clause in Contracts

Temporary Admission. 1. Each Party shall, in accordance with its respective domestic laws, grant temporary admission free of customs duties for the following goods: (a) professional and scientific equipment, including their spare parts, owned and accompanied by a resident of a Party; and (b) goods intended for display or use at exhibitions, fairs or other similar events, including commercial samples for the solicitation of orders. 2. A Party shall not impose any condition on the temporary admission of a good referred to in paragraph 1 of this Article, other than to require that such good: (a) be accompanied by a security deposit in an amount no greater than the charges that would otherwise be owed on importation, releasable on exportation of the good; (b) be exported within three (3) months from the date it was temporarily admitted or such other period of time as is reasonably related to the purpose of temporary admission; and (c) be capable of identification when exported. 3. If any condition that a Party imposes under paragraph 2 of this Article has not been fulfilled, that Party may apply the customs duty and any other charges that would normally be owed on importation of the good. 4. Each Party shall, at the request of the importer and for reasons deemed valid by its Customs Administration, extend the time limit for temporary admission beyond the period initially fixed. 5. Each Party shall relieve the importer of liability for failure to export a temporarily admitted good upon presentation of satisfactory proof to the Party’s Customs Administration that the good has been destroyed within the original time limit for temporary admission or any lawful extension. Prior approval will have to be sought from the Customs Administration of the importing Party before the good can be so destroyed.

Temporary Admission. 1. Each Party shall, in accordance with its respective domestic laws, grant temporary admission free of customs duties for the following goods: (a) professional and scientific equipment, including their spare parts, owned and accompanied by a resident of a Party; and (b) goods intended for display or use at exhibitions, fairs or other similar events, including commercial samples for the solicitation of orders. 2. A Party shall not impose any condition on the temporary admission of a good referred to in paragraph 1 of this Article, other than to require that such good: (a) be accompanied by a security deposit in an amount no greater than the charges that would otherwise be owed on importation, releasable on exportation of the good; (b) be exported within three (3) months from the date it was temporarily admitted or such other period of time as is reasonably related to the purpose of temporary admission; and (c) be capable of identification when exported. 3. If any condition that a Party imposes under paragraph 2 of this Article has not been fulfilled, that Party may apply the customs duty and any other charges that would normally be owed on importation of the good. 4. Each Party shall, at the request of the importer and for reasons deemed valid by its Customs Administration, extend the time limit for temporary admission beyond the period initially fixed. 5. Each Party shall relieve the importer of liability for failure to export a temporarily admitted good upon presentation of satisfactory proof to the Party’s 's Customs Administration that the good has been destroyed within the original time limit for temporary admission or any lawful extension. Prior approval will have to be sought from the Customs Administration of the importing Party before the good can be so destroyed.