Article 29(Carrying goods into free trade zones or importing the same) #
(1) A person who intends to ship any of the following goods into a free trade zone shall file a shipment report to the head of a customs office, as prescribed by the Commissioner of the Korea Customs Service: <Amended on Jan. 27, 2016; Jun. 15, 2021>
1. Foreign goods; provided, this shall not apply to goods with regard to which an export declaration is accepted under Article 241 of the Customs Act (hereinafter referred to as "export declaration") and on which data prescribed by the Commissioner of the Korea Customs Service are submitted:
(a) Deleted; <Jun. 15, 2021>
(b) Deleted; <Jun. 15, 2021>
2. Goods that fall under any of the following items and are intended to be subject to the application of Article 45 (1) and (2) among the domestic goods which any occupant enterprise intends use or consume in any free trade zone:
(a) Machinery, instruments, installations, equipment and their parts;
(b) Raw materials, lubricants, office computers and construction materials;
(c) Other goods deemed necessary by the Commissioner of the Korea Customs Service to achieve business objectives, as determined;
3. Any of the following goods intended to be subject to Article 45 (2) among the domestic goods which a person falling under Article 52 (1) 1 of the Value-Added Tax Act (hereinafter referred to as "non-resident, etc.") seeks to store in a free trade zone for overseas shipment:
(a) Goods shall be supplied under a direct contract with a domestic business entity;
(b) Goods shall be paid for in Korean won via a foreign exchange bank;
(c) Goods shall be delivered to an occupant enterprise designated by a non-resident, etc.
(2) Upon receipt of a declaration under paragraph (1), the head of a customs office shall review the details of said declaration and accept it if it conforms to this Act. <Added on Dec. 28, 2021>
(3) Where a person who has carried domestic goods into a free trade zone without filing a carry-in report files an application for a written confirmation of domestic goods, the head of a customs office may issue such written confirmation of domestic goods. In such cases, procedures for issuing the written confirmation of domestic goods and other necessary matters shall be determined and publicly notified by the Commissioner of the Korea Customs Service. <Amended on Dec. 28, 2021>
(4) Notwithstanding paragraph (1), a person intending to carry goods into a free trade zone shall file an import declaration (hereinafter referred to as "import declaration") under Article 241 of the Customs Act and pay customs, etc., in any of the following cases: <Amended on Dec. 28, 2021>
1. Where a person other than occupant enterprises intends to carry foreign goods into a free trade zone;
2. Where an occupant enterprise qualified to move into a free trade zone under Article 10 (1) 1 through 3 and 10 (2) intends to carry foreign goods into a free trade zone to use or consume such foreign goods in the free trade zone; provided, this shall not apply where any of the following foreign goods is carried into a free trade zone:
(a) Machinery, instruments, installations, equipment and their parts;
(b) Raw materials (excluding raw materials for which an occupant enterprise intends to file the import declaration), lubricants, office computers and construction materials;
(c) Other goods deemed necessary by the Commissioner of the Korea Customs Service to achieve business objectives, as determined;
3. Where an occupant enterprise qualified to move into a free trade zone under Article 10 (1) 4 and 5 intends to carry foreign goods (excluding goods necessary to achieve the relevant business objectives among goods falling under any item of subparagraph 2) into such free trade zone to use or consume such foreign goods in the free trade zone.
(5) A person who intends to release goods shall file an import declaration and pay customs, etc., in any of the following cases: <Amended on Dec. 28, 2021>
1. Where he or she intends to release goods into the customs territory, which are produced through manufacturing, processing, assembling, repair, etc., using all or some of foreign goods as raw materials in a free trade zone;
2. Where he or she intends to release foreign goods, etc. from a free trade zones and into the customs territory in their original form.
(6) Notwithstanding paragraph (5), the domestic goods under paragraph (1) 3 shall not be released from a free trade zone and into the customs territory. <Added on Jan. 27, 2016; Dec. 28, 2021>
(7) Raw materials or goods manufactured or processed using raw materials that are carried into a free trade zone on condition that the whole amount of such raw materials or goods are shipped released from Korea in accordance with the proviso of Article 10-2, shall not be released from the free trade zone and into the customs territory. <Added on Jun. 15, 2021; Dec. 28, 2021>
[This Article Wholly Amended on Apr. 14, 2011]