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New Korean customs laws and internet taxation? Supplements.

 
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Dutchtouch



Joined: 19 Apr 2010
Location: Seoul

PostPosted: Thu May 06, 2010 7:24 pm    Post subject: New Korean customs laws and internet taxation? Supplements. Reply with quote

I was looking into buying some supplements online from a Korean store
http://www.mass119.com/
But have been told that customs laws have changed and so have the taxation regulations on buying off the internet.
Has anyone heard about this or knows how it might effect the fees I incur if I buy over 100,000won via the internet?

The other choice is to buy from a U.S store but then I run the risk of having my stuff held up at customs, any advice?
Thanks^^
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Young FRANKenstein



Joined: 02 Oct 2006
Location: Castle Frankenstein (that's FRONKensteen)

PostPosted: Sat May 08, 2010 7:22 pm    Post subject: Re: New Korean customs laws and internet taxation? Supplemen Reply with quote

Dutchtouch wrote:

But have been told that customs laws have changed and so have the taxation regulations on buying off the internet.
Has anyone heard about this or knows how it might effect the fees I incur if I buy over 100,000won via the internet?

http://www.customs.go.kr

The Korea Customs Service website includes the Korea Customs Tariff database, a tool to automatically estimate duties and taxes and a guide to duties and taxes. The "Information Plaza" section contains information on exchange rates, laws and regulations and trade statistics. The "Trade Facilitation" section contains "Supporting Foreign Investment" and customs forms.
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Dutchtouch



Joined: 19 Apr 2010
Location: Seoul

PostPosted: Sun May 09, 2010 5:08 am    Post subject: Reply with quote

Thanks, I'll check that out.
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