Import Clearance Procedures for Goods Kept in Custody or on Deposit
What are the import clearance procedures for the goods kept in custody or on deposit?
Import clearance procedure
- You can retrieve your goods placed under custody upon your arrival in Korea after filing a return declaration on such goods and then depart from Korea. The period available for filing a return declaration is within one month from the date of such goods being normally placed under custody.
- Return in person: Custody (deposit) certificate, identification card, boarding pass
- Return by proxy: Required documents for filing a return declaration, a power of attorney, the authorizer's passport, his or her identification card (copy), the authorized representative's passport (copy)
※ Failure to declare any declarable goods voluntarily may result in the imposition of an additional 40% duty on such items or punishment by imprisonment for not more than 10 years or by a fine not exceeding 2,000 won.