(1) A person, who intends to immediately ship goods which he or she intends to import out of any means of transportation, customs route, loading and unloading passage or storage place prescribed by this Act before their import declaration is filed, shall file a shipment declaration with the head of a customs office, as prescribed by Presidential Decree. In such cases, the head of the customs office may require the person to offer security equivalent to a duty payable.
(2) A person who is entitled to immediately ship goods out of any storage place or such goods under paragraph (1) shall be designated by the head of a customs office, as prescribed by Presidential Decree.
(3) A person who ships goods out of any storage place after filing an immediate shipment declaration under paragraph (1) shall file an import declaration thereon under Article 241 within 10 days from the date on which the immediate shipment declaration is filed.
(4) If the person who ships goods out of any storage place under paragraph (1) fails to file an import declaration within the period referred to in paragraph (3), the head of a customs office shall assess and collect a duty thereon. In such cases, an amount equivalent to 20/100 of the duty assessed on the relevant goods may be collected as an additional duty and the designation under paragraph (2) may be revoked.[This Article Wholly Amended on Dec. 30, 2010]