| [1] Definition |
- Customs refund is referring to a refund to a exporter when customs duty was paid while importing raw materials to manufacture goods to export. Under the existing law, for the balance of tax payment and customs act for levy administration refundment (wrong payment refundment and Breached goods refundment) and classified as to promote export on Act on Special Cases concerning the refundment of Customs duties and in general the duty refundment is the later one.
(1) Procedure |
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<1> Importing raw materials for export and purchasing raw materials for export within the country
<2> Securing raw materials for export
<3> Manufacturing goods to export.
<4> Export
<5> Confirm subject to refundment of customs duties applying method
<6> Request refund
<7> Determine inspection
<8> Refundment of customs notification and payment instruction.
<9> Payment request
<10>Payment |
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(2) Subject to customs duties refundment
(3) Per company, per goods fixed amount refundment |
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- Establish fixed amount refundment per the exporting companies and per goods to export and execute refundment regardless of export amount restriction.
- Refund on a fixed amount to the companies subjected for a fixed amount refundment per companies, per goods within the ranges of the duty paid for the export of the said companies. |
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| (4) Simplified fixed amount refundment |
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| - A system that refunds a certain amount in order to simplify duty refundment procedures for a small and medium companies without confirming paid duty amount for the goods that are indicated in the simplified fixed amount refundement table when issuing export license. |
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| (5) Individual refundment |
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| - A refundment calculation method to sum and confirm the paid duty per the used materials when importing raw materials to manufacture goods for the exporting goods that are not subjected for a fixed amount refundment rate chart. |
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| (6) Countervailing System |
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| - A company appointed as a countervailing company postponed the duties that was levy on the countervailed raw materials in prerequisite to offer the same materials as exporting goods within fixed period of time from the import licensed date. And if the company execute the term within the given period of time, the duty payment request will be canceled but if fail to execute the term, the system collects postponed duty and also the additional tax that arise. |
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| (7) Requesting refundment |
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<1> Refundment applicant
<2> Refundment applying organizations
<3> Refundment applying documents |
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| (8) Determining amount of refundment's and paying. |
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<1> Paying Procedure
<2> Additional levy for more or less refundment. |
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Trade Helper 
Ex-Import Procedure(to Way of Payment)
Export-Import procedure according to the Irrevocable Documentary Credit method
Customs Refund(Only basic provisions are indicated here for the laws of regulations are different from each countries)
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