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Laws › Customs Act › SUB-SECTION 1 Anti-Dumping Duties

Customs Act — Article 56 (Review on Anti-Dumping Duties)

관세법 제56조

This English translation is based on the Korean text effective 2023-06-05. The Korean law has since been amended (current version effective 2026-10-02) — check the Korean original.

(1) The Minister of Economy and Finance may, if necessary, review the assessment of anti-dumping duties and the undertaking described in Article 54, as prescribed by Presidential Decree, and take necessary measures to assess any anti-dumping duties, modify details of the undertaking and refund, etc. based on the outcomes of the review.

(2) The Minister of Economy and Finance may investigate matters prescribed by Presidential Decree, which are necessary for the review prescribed in paragraph (1), including the importation and collection records of goods subject to anti-dumping measures. <Newly Inserted on Dec. 21, 2021>

(3) The assessment of anti-dumping duties and the undertaking accepted under Article 54 shall become invalid after five years from the date on which the relevant anti-dumping duties were assessed and the undertaking has been fulfilled unless the deadline for its application is otherwise set by Ordinance of the Ministry of Economy and Finance. If details of the assessment of such anti-dumping duties and the undertaking are modified based on the outcomes of the review on the dumping and injury to the industry caused thereby under paragraph (1), the relevant assessment of anti-dumping duties and the undertaking shall become invalid after five years from the date on which such modified details are implemented unless the deadline for its application is otherwise set by Ordinance of the Ministry of Economy and Finance. <Amended on Dec. 21, 2021>

(4) Matters necessary for the assessment of anti-dumping duties and its implementation, etc. under paragraphs (1) through (3) and Articles 51 through 55 shall be prescribed by Presidential Decree. <Amended on Dec. 21, 2021>[This Article Wholly Amended on Dec. 30, 2010]

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