Customs Act — Article 157-2 (Shipment of Goods on Which Import Declaration is Accepted out of Bonded Areas)

The owner or shipper of the goods on which an import declaration was accepted after being carried into the bonded area designated by the Commissioner of the Korea Customs Service shall ship the relevant goods out of the bonded area within 15 days from the date on which the said import declaration is accepted, notwithstanding Article 177: Provided, That this shall not apply where he or she has obtained approval for the extension of the relevant shipment period from the head of a customs office as no obstruction to the storage of foreign goods is deemed to exist.[This Article Wholly Amended on Dec. 30, 2010]