Korea Certified Customs Attorney SJ

  In order to apply a FTA preferential tariff rate, 5 conditions as follows shall be met: 1. Trading party Trading party shall be registered in the country of relevant FTA contracting party. In the case of FTA requiring C/O to be issued by the Government designated authorities, the condition of trading parties rarely becomes an issue. However, it can be a critical issue when C/O is issued by an exporter. If it is issued by a person not registered in the country of relevant FTA contracting party, C/O can be deemed invalid unless such implementation is agreed by the FTA contracting parties in advance like KR-US FTA. 2. Tariff concession item As FTA tariff concession item is listed in the form of HS code and relevant description, it is crucial to classify the exported product correctly. Incorrect tariff classification may lead to apply the application of a preferential FTA tariff rate to a non-concession item, or to apply incorrect preferential FTA tariff rate to an item of different ...

Pursuant to Article 20 of the SPECIAL ACT ON IMPORTED FOOD SAFETY CONTROL ( 수입식품안전관리 특별법 , hereinafter “the Act” ), a business entity that intends to import (including filing an import declaration by proxy) food, etc. for the purpose of sale or for the purpose of using them for business shall file an import declaration of the relevant imported food, etc. with the regional office of the Ministry of Food and Drug Safety (MFDS) which is frequently referred to as “KFDA (Korea Food and Drug Administration)”. Form 25 attached to the Enforcement Rule of the Act is the declaration form, which is electronically filed through UNIPASS ( https://unipass.customs.go.kr/ ),   the KCS (Korea Customs Service) declaration portal. In the form, food, etc. is classified into 7 kinds - agricultural and forestry product, fishery product, livestock product, processed food, food additive, apparatus or container/packaging, health functional food. As the specific regulations are different depending on th...