South Korean Customs Service to block the declaration of low prices for dried onions
Dried Onion
South Korea
Published May 26, 2022
Tridge summary
The Korea Customs Service has started a procedure to designate dried onions as items subject to preliminary tax assessment to block the declaration of low prices. At the same time, it plans to expand investigations not only on dried onions but also on other items that are highly likely to be reported at low prices. The Ministry of Agriculture, Food, and Rural Affairs is expected to strengthen regulations on illegally imported agricultural products, including deliberation on the designation of items in the distribution history management system for dried ginger, which was found to be a low-priced report last year.
Original content
The Korea Customs Service has started a procedure to designate dried onions as items subject to preliminary tax assessment in order to block the declaration of low prices. At the same time, it plans to expand investigations not only on dried onions but also on other items that are highly likely to be reported at low prices. The Ministry of Agriculture, Food and Rural Affairs is expected to strengthen regulations on illegally imported agricultural products, including deliberation on the designation of items in the distribution history management system for dried ginger, which was found to be a low-priced report last year. ◆Customs Service begins designation of dried onion items subject to pre-tax assessment = It was confirmed that the Customs Service has entered the process of designating dried onions as subject of pre-tax assessment. It is analyzed that this was triggered by the suspicion of low-priced declarations of Chinese dried onions raised by this paper. In April ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.