(1) A supply of any of the following goods or services shall be exempt from value-added tax: <Amended on Aug. 11, 2015; Jan. 19, 2016; Dec. 31, 2018; Dec. 31, 2022>
1. Unprocessed foodstuffs (including agricultural products, stock farm products, marine products, and forest products which are served for human consumption), and agricultural products, stock farm products, marine products, and forest products which are produced in the Republic of Korea and are not served for human consumption and which are prescribed by Presidential Decree;
2. Tap water;
3. Briquettes and anthracite coal;
4. Menstrual hygiene products;
5. Medical and health services (including veterinary services) prescribed by Presidential Decree, and blood;
6. Educational services prescribed by Presidential Decree;
7. Passenger transport services: Provided, That any of the following passenger transport services prescribed by Presidential Decree shall be excluded herefrom:(a) Passenger transport services by aircraft, express buses, chartered buses, taxies, special vehicles, special-type ships, or rapid-transit trains;(b) Passenger transport services by cable ways, cruise ships, or any other means of transportation for tourism or entertainment;
8. Books (including book lending and indoor reading services), newspapers, magazines, Official Gazettes, news communications prescribed by the Act on Promotion of News Communications, and broadcasting, which are prescribed by Presidential Decree: Provided, That advertisements shall be excluded;
9. Postage stamps (excluding those for collection), revenue stamps, certificate stamps, lottery tickets, and public telephones;
10. Tobacco as defined in Article 2 of the Tobacco Business Act, which falls under any of the following:(a) Tobacco whose selling price under Article 18 (1) of the Tobacco Business Act is not more than the amount of money prescribed by Presidential Decree;(b) Tobacco for special use under Article 19 of the Tobacco Business Act, which is prescribed by Presidential Decree;
11. Financing and insurance services prescribed by Presidential Decree;
12. Lease of housing and its appurtenant land, which are prescribed by Presidential Decree;
13. Lease of daycare centers attached to collective housing as welfare facilities defined in subparagraph 14 of Article 2 of the Housing Act provided by the management entities defined in Article 2 (1) 10 of the Multi-Family Housing Management Act or by the councils of occupants’ representatives defined in Article 2 (1) 8 of that Act pursuant to the management rules established under Article 18 (2) of that Act;
14. Land;
15. Personal services prescribed by Presidential Decree, which authors, composers, or other persons provide professionally;
16. Creative works of art, artistic events, cultural events, or amateur athletic games, which are prescribed by Presidential Decree;
17. Admission to libraries, science halls, museums, art galleries, zoos, botanical gardens, or other places prescribed by Presidential Decree;
18. Goods or services which are supplied by any organizations for religion, charity, scholarship, relief, or other public interest and which are prescribed by Presidential Decree;
19. Goods or services which are supplied by the State, local governments, or local government associations and which are prescribed by Presidential Decree;
20. Goods or services which are supplied free of charge to the State, local governments, local government associations, or organizations for public interest prescribed by Presidential Decree.
(2) A supply of goods or services ordinarily incidental to the supply of the goods or services exempt from tax under paragraph (1) shall be deemed to be included in the supply of the tax-free goods or services.