New KCS Instruction for Efficient Procurement of Taxation Materials
As explained in my previous post, Customs authority bears the burden of proof. (koreacertifiedcustomsattorneysj.blogspot.com) , if importers fail to provide the necessary materials to verify the declared customs value, Customs authority cannot determine a new customs value for taxation purposes. This is because, as ruled by the Supreme Court, the Customs authority bears the burden of proof regarding the appropriateness of the newly determined customs value. However, without materials provided by importers, there's no means to substantiate the appropriateness of the newly determined customs value. Obtaining necessary documents and information during a customs investigation is crucial. Table 1 of the INSTRUCTION ON THE OPERATION OF CUSTOMS INVESTIGATION ( 관세조사 운영에 관한 훈령 ) contains the List of Standard Preparation Materials for Customs Investigation. Concerning customs value, the following are the standard materials requested by customs investigators: Main Category ...