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Customs Act — Article 80 (Effect of Tariff Concession and Effect of Withdrawal)

관세법 제80조

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) If Korea withdraws a tariff concession made to items in accordance with a treaty, the tariff rates under this Act shall apply to such items from the date on which such withdrawal takes effect.

(2) If Korea grants a new tariff concession to items in compensation for the tariff concession withdrawn under paragraph (1), the tariff rates under this Act shall not be applied from the date on which the new tariff concession takes effect.[This Article Wholly Amended on Dec. 30, 2010]

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