Notice of Changes to the Personal Use Allowance for Perfume
2015-03-18
Hello, this is Uni Auction.
In our previous notice (Notice of Changes to the Combined Taxation Standards Due to the Revision of Customs Service Notice), we informed you that the revised "Notice on Customs Clearance Procedures for Import Goods" by Korea Customs Service would take effect from March 13, 2015.
This notice includes a change to the personal use allowance for perfume.
(Reason for revision: To align the system for customs clearance of express cargo imports with changes in the international trade environment, and to make the rules for perfume imported for personal use consistent with the duty-free rules for perfume carried by travelers.)
The main change is that the previous limit of one bottle for perfume has been removed.
In other words, if the total volume of perfume (the combined volume of all perfume items) is 60㎖ (2oz) or less, customs clearance by list is now available regardless of quantity.
Thank you.
● Key changes related to perfume
1. Personal use allowance: 60㎖ (2oz) or less regardless of quantity
2. List-based customs clearance available: For goods shipped from the U.S., list-based customs clearance is available if the purchase amount is $200 or less (or $100 or less for goods from countries other than the U.S.)
* To process perfume items through list-based customs clearance, the item name on the application must include the volume (ml or oz).
* If the personal use allowance (60㎖ or less) is exceeded, the shipment will be handled through standard customs clearance as before, and taxes will be charged.
Example) If perfume exceeds 60㎖, or is 2 bottles or more, or is declared as a shipment from the U.S. exceeding $200
Customs duty = Taxable value X 6.5%
Individual consumption tax = (Taxable value + Customs duty) X 7%
Rural development tax = Individual consumption tax X 10%
Education tax = Individual consumption tax X 30%
Value-added tax = (Taxable value + Customs duty + Individual consumption tax + Rural development tax + Education tax) X 10%
In our previous notice (Notice of Changes to the Combined Taxation Standards Due to the Revision of Customs Service Notice), we informed you that the revised "Notice on Customs Clearance Procedures for Import Goods" by Korea Customs Service would take effect from March 13, 2015.
This notice includes a change to the personal use allowance for perfume.
(Reason for revision: To align the system for customs clearance of express cargo imports with changes in the international trade environment, and to make the rules for perfume imported for personal use consistent with the duty-free rules for perfume carried by travelers.)
The main change is that the previous limit of one bottle for perfume has been removed.
In other words, if the total volume of perfume (the combined volume of all perfume items) is 60㎖ (2oz) or less, customs clearance by list is now available regardless of quantity.
Thank you.
● Key changes related to perfume
1. Personal use allowance: 60㎖ (2oz) or less regardless of quantity
2. List-based customs clearance available: For goods shipped from the U.S., list-based customs clearance is available if the purchase amount is $200 or less (or $100 or less for goods from countries other than the U.S.)
* To process perfume items through list-based customs clearance, the item name on the application must include the volume (ml or oz).
* If the personal use allowance (60㎖ or less) is exceeded, the shipment will be handled through standard customs clearance as before, and taxes will be charged.
Example) If perfume exceeds 60㎖, or is 2 bottles or more, or is declared as a shipment from the U.S. exceeding $200
Customs duty = Taxable value X 6.5%
Individual consumption tax = (Taxable value + Customs duty) X 7%
Rural development tax = Individual consumption tax X 10%
Education tax = Individual consumption tax X 30%
Value-added tax = (Taxable value + Customs duty + Individual consumption tax + Rural development tax + Education tax) X 10%