TradeNPU | Knowledge Basket

Knowledge Basket

How should I declare the price on the commercial invoice when importing used personal items into Korea? Released

25/11/27 02:18 0 260

The Korea Customs Service's guidance on determining the customs value of used goods is as follows. Since used goods are considered duty-free imported goods and are not …

If the B/L required for Korea-ASEAN FTA Certificate of Origin was issued after the completion of goods shipment, can it be accepted as proof of direct consignment? Released

25/11/26 21:27 0 211

Regarding direct consignment proof for Korea-ASEAN (ASEAN) Free Trade Agreement (FTA) Certificate of Origin, you have inquired about the admissibility of a Bill of Lading (B/L) issued after the …

[Customs Service FAQ] Can it be a problem if payment is received as virtual assets such as Bitcoin or Ethereum after a trade transaction? Released

25/11/26 02:17 0 176

Regarding the act of paying and receiving trade payments with virtual assets, the Korea Customs Service's guidance is as follows. According to Article 16, Paragraph 4 of …

I would like to know the documents to prepare or an overview of the safety confirmation procedure to receive safety confirmation for household chemical products. Released

25/11/25 21:21 0 151

The procedures and required documents for obtaining safety confirmation for household chemical products are as follows. This procedure is carried out in accordance with the Act on the Safety Management …

Is preferential tariff application possible for goods totaling over 6,000 euros, simultaneously shipped from multiple points by an Italian non-certified exporter with B/Ls each under 6,000 euros, for the purpose of avoiding certification? Released

25/11/25 09:20 0 172

The issue of applying preferential tariffs related to non-certified exporters in Italy, which you inquired about, requires a deep understanding of the origin certification rules of the Korea-EU FTA, …

What are the conditions and specific procedures for releasing large-scale overseas equipment, imported by split shipment, before customs clearance with customs approval? Released

25/11/24 09:28 0 187

You inquired about the system for pre-release of goods before import declaration clearance when importing large overseas facilities by means of partial shipment. This system can provide very useful …

I have items exceeding the duty-free limit in my traveler's baggage. I wonder how much customs duty I need to pay. Is there a way to find out the approximate tax amount? Released

25/11/23 09:12 0 404

First, if you need an accurate understanding of whether the item you wish to purchase is taxable or duty-free, please try the new service developed by our company below. …

Detailed Inquiry on Customs Tariff Classification Criteria for Ethyl Alcohol (Ethanol) for Food or Industrial Use, and Whether Item Numbers Vary by Denaturation Status or Alcohol Concentration. Released

25/11/22 09:22 0 205

Customs Tariff Classification of Ethyl Alcohol (Ethanol), Importance of Denaturation Status and Alcohol Concentration We will provide a detailed explanation of the customs tariff classification criteria for edible …

Standards for 'Same Company, Same Product' Recognition Regarding Hygiene Product Imports Released

25/11/21 09:18 0 171

According to the 'Sanitary Products Control Act', the criteria for recognizing identical imported sanitary products from the same company are as follows. ● Detergents & Rinse Aids: …

The origin criterion for the apparel we import is applied as a combination of '2-digit HS code change' and 'cutting/sewing'; if the Certificate of Origin states 'CTC + Specific Processes', can we receive tariff benefits? Released

25/11/20 14:18 0 154

If the origin determination criterion for the apparel you are importing is a combined form of '2-digit Change of Tariff Heading (CTC)' and 'Processing by cutting and sewing within the …