KOREA CUSTOMS SERVICE

Simplified duty tax

contents area

Simplified tax rate table

Simplified tax rate tablex
Item Name Tax Rate (%)
Articles on which individual consumption tax is imposed among those ones falling under any one of the following items:  

A. Slot machines, speculative implements for amusement and other amusement goods, firearms for hunting

55

B. Jewelry, pearl, tortoiseshell, coral, amber and ivory, and products using these, precious metal products, luxury watches, luxury cameras and related products, luxury bags

926,000 won + 50% of the amount exceeding 4,630,000 won

C. luxury watches, luxury bags

374,000 won + 50% of the amount exceeding 185,2000 won

D. Deleted

 
Repaired ships (excluding duty-free ones) 2.5
Articles for which the basic tariff rate is not less than 10% and on which individual consumption tax is not imposed among those ones falling under any one of the following items:  

A. Fur clothing, fur clothing accessories, and other fur products

30

B. Articles of apparel and clothing accessories, of leather or of composition leather, textiles and textile articles, footwear

25

C. Deer antlers

32
Articles which fall under any one of the following items, excluding, however, luxury furs and products thereof, luxury carpets, luxury furniture, passenger motor vehicles, liquor and tobacco: 20

A. Articles which do not fall under any one of Subparagraphs 1 to 3

 

B. Notwithstanding Subparagraphs 1 and 3, dutiable articles which travelers import by carrying them in, the sum of whose prices is not less than US $1,000