Knowledge Basket
26/03/17 02:22
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Regarding your inquiry about the Korea-Vietnam Free Trade Agreement (FTA), you asked whether preferential tariff rates can be applied when the HS Code on the Certificate of Origin (HS 2008.99-9000) …
26/03/16 21:22
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Principles of Customs Valuation and the Definition of 'Price Actually Paid or Payable'Under Article 30 of the Customs Act, the customs value of imported goods is, in principle, …
26/03/16 06:21
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Regarding your inquiry about the Rules of Origin (RoO) for HS codes 3901 through 3915 under the KORUS FTA, we provide a detailed explanation of the specific proviso requiring …
26/03/16 02:22
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HS Code Classification for Stainless Steel Tumblers
Based on the provided specifications, a double-walled vacuum-insulated stainless steel tumbler designed to hold water or beverages is classified under HS Code …
26/03/15 21:15
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The interpretation provided by your foreign exchange bank is accurate. Your transaction is not recognized as a legal "import" under the Customs Act or the Foreign Trade Act. Instead, it …
26/03/15 06:28
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Regarding your inquiry about whether importer information must be included on a Certificate of Origin (COO) under the Korea-U.S. Free Trade Agreement (KORUS FTA), this is a common concern in …
26/03/15 02:25
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Standard Customs Clearance Notification Requirement
Pursuant to the Medical Device Act, all importers of medical devices must file a Standard Customs Clearance Notification with the Chairperson of the …
26/03/14 21:14
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You have inquired about the necessary documentation for import customs clearance to benefit from the proof of origin waiver for low-value goods under the Korea-China FTA. As a customs broker, …
26/03/14 06:20
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Determining the correct Harmonized System (HS) Code during import customs clearance is the fundamental starting point for establishing duty rates, Value Added Tax (VAT), legal requirements, and specific clearance procedures. …
26/03/14 02:28
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France, a core member of the European Union, applies different duty-free allowances depending on the mode of entry (air, sea, or land). Customs inspections can be rigorous, particularly regarding high-value …