South Korea: Dried onion to receive a pre-tax assessment from October

After customs inspection, the declared value rises $0.5 per kg → $1.8 Blocking low-priced reports made in China Expected to increase domestic demand The Korea Customs Service has designated dried onions, which were suspected of reporting low prices earlier this year, as items subject to the preliminary tax review system. This is an acknowledgment that there was a low-priced declaration of dried onions, and it is predicted that the implementation of this system will make it virtually impossible to import Chinese dried onions into Korea. ◆Customs Service Designates Dried Onions as Items for Preliminary Tax Amount Review = The Customs Administration has designated dried onions as items subject to prior tax review from October 1 in accordance with Article 38 (2) of the Customs Act and Article 8 (1) No. 5 of the Enforcement Rules of the Customs Act. recently said that The advance tax review system is operated for high-tariff agricultural and fishery products that are likely to ...