Goods control processes by the type of raw materials:
Release procedures from the bonded factory:
Operations outside bonded factory
Certain parts of bonded processing may be conducted outside of the bonded factory if it is necessary to promote the processing industry or domestic market
Temporary bonded processing at other bonded factories:
It is possible to carry out a part of bonded processing at another bonded factory
Application for the mixed-use of domestic and foreign goods or taxation on raw materials shall be made before the “report of use” of raw materials.
The surplus goods left in the bonded area after working shall be recorded in the “Surplus Goods Management Register” for management purposes. They can be disposed of after obtaining approval of the head of a customs office. If the remainder after the disposal has a real value, customs duty and other applicable taxes will be imposed based on the property and quantity of the goods.
Export and Import Cargo Division of Korea Customs Office 042-481-7823