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Customs Clearance/Tariff Reduction, Exemption & Refund

Customs clearance refers to customs declaration and inspection procedures undertaken when
 goods are imported from abroad.

Customs clearance

Import Clearance Procedure

Customs Clearance Process for Capital Goods

  • Notification of foreign investment
    (report to a foreign exchange
    bank or KOTRA)
  • Confirmation of specifications of 
    imported capital goods 
    (report to a foreign exchange
    bank or KOTRA)
  • Import clearance
  • Confirmation of completion of
    in-kind investment
    (report to KCS officer dispatched
    to KOTRA) 
  • Registration of incorporation
    (report to district courthouse registration
    department or registry office)
  • Registration of foreign-invested company
    (report to a foreign exchange bank
    or KOTRA)
  • Load/Depart 
  • Enter Port &
    Unload 
  • Enter Bonded
    Area 
    • Before leaving port
    • Before entering port
    • Before entering bonded area
    • After entering bonded area
  • Import
    Declaration 
  • Inspect

  • Goods
    Inspection

  • Cargo Selectivity 
  • skip
    inspection

  • Customs
    Clearance
    Requirements
    Inspection
  • Post-
    payment

  • Pre-payment 

  • Pay All Taxes

  • Accept Import
    Declaration
  • Carry Out/
    Receive Cargo

Tariff reduction, exemption & refund

Tariff reduction and exemption

There are two types of tariff reduction: unconditional reduction of and/or exemption from taxes based on specific facts, and conditional tariff reduction and exemption in which tariffs are reduced or exempted on condition of specific usage.

  • Unconditional reduction & exemption
  • Conditional reduction & exemption
Tariff refund

Tariffs paid or to be paid when importing raw materials for export are drawn back to the exporter or the manufacturer of the exported goods upon export, notwithstanding the Customs Act, etc.

  • Exports for which export declarations
    are accepted
  • Exports designated by the Ordinance
    of the Prime Minister are subject to refund
  • Raw materials that contribute to the
    production of goods for export
  • When goods are exported in their original
    imported state
Online
consultant
KOREA CUSTOMS SERVICE
MOON Chul Senior Officer