When importing goods under FTA preferential tariffs, it is important to distinguish between the requirements at the time of application and the requirements for post-clearance record-keeping. In summary, while …
When multiple importers source products from the same foreign manufacturing facility, either the foreign manufacturer or any one of the importers can complete the registration. This system is designed so …
Regarding your inquiry about recording non-party operator information (legal name and country) in a field other than the Remarks (Field 5) on a Certificate of Origin (C/O) for a third-party …
Registering or amending a foreign food facility is a mandatory procedure to ensure the safe importation of food products into South Korea. This process is strictly managed by the Ministry …
Overview of Customs Valuation for Used GoodsUsed goods often fall under the category of non-sale items imported free of charge. Because they are not "sold for export to Korea," …
Basic Principles of the Drawback Application Period
Regarding your inquiry on the application period for additional duty drawback, under Article 14(1) of the "Act on Special Cases Concerning the …
Yes. If you receive a refund of customs duties through the retroactive application of a Free Trade Agreement (FTA) after having paid the deficiency tax and associated penalties due to …
Definitions According to Korea Customs Service
The Korea Customs Service provides specific guidelines to distinguish between the Trade Counterparty and the Overseas Supplier when filing an import declaration:
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Inquiries regarding the origin determination criteria for HS Heading 8462 products are critical issues in the export of high-value machinery. Specifically, questions regarding whether the self-production of key components, such …
France, a nation known for art and romance and a key member of the European Union (EU), applies different duty-free allowances depending on the route of entry (air, land, etc.) …