Korean Law in English
Laws › Value-added Tax Act › SECTION 1 Transactions Subject to Taxation

Value-added Tax Act — Article 13 (Importation of Goods)

부가가치세법 제13조

This English translation is based on the Korean text effective 2024-01-01. The Korean law has since been amended (current version effective 2026-01-02) — check the Korean original.

The importation of goods shall be bringing into the Republic of Korea any of the following goods [if such goods pass through a bonded area prescribed by Presidential Decree (hereafter in this Article referred to as "bonded area"), it means bringing those goods in from the bonded area]:

1. Goods arriving in the Republic of Korea from a foreign country [including marine products collected or caught in high seas by a foreign vessel], for which an import declaration has yet to be accepted;

2. Goods for which an export declaration is accepted [excluding the cases of receiving from a bonded area any goods, for which an export declaration is accepted but which has not yet been shipped].

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