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Shipping item from US to Korea...

 
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daylight



Joined: 12 Apr 2012

PostPosted: Fri Jul 05, 2013 9:44 pm    Post subject: Shipping item from US to Korea... Reply with quote

Hi!
just purchase in Ebay some electronic item cost (over 2 million won), how to avoid TAX, Customs Duty etc... should i ask seller to send item as gift? what is better option to me?

thx
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Fri Jul 05, 2013 10:26 pm    Post subject: Re: Shipping item from US to Korea... Reply with quote

daylight wrote:
Hi!
just purchase in Ebay some electronic item cost (over 2 million won), how to avoid TAX, Customs Duty etc... should i ask seller to send item as gift? what is better option to me?

thx


Even as a gift, at 2 million won, unless it is covered under the FTA you are going to pay to import it.

http://www.customs.go.kr/

.
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daylight



Joined: 12 Apr 2012

PostPosted: Fri Jul 05, 2013 10:55 pm    Post subject: Reply with quote

Quote:
unless it is covered under the FTA


whats that mean FTA?

well, how much will cost to me import tax if the item price about 1900 usd?

thx
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nicwr2002



Joined: 17 Aug 2011

PostPosted: Fri Jul 05, 2013 11:37 pm    Post subject: Reply with quote

Just do a quick search on duty calculators. I found this website

http://www.dutycalculator.com/new-import-duty-and-tax-calculation/

FTA=Free Trade Agreement
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War Eagle



Joined: 15 Feb 2009

PostPosted: Fri Jul 05, 2013 11:48 pm    Post subject: Reply with quote

I would expect to pay about 4-500,000 won on a $1900 shipment.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Sat Jul 06, 2013 1:00 am    Post subject: Reply with quote

War Eagle wrote:
I would expect to pay about 4-500,000 won on a $1900 shipment.


IF the item is covered under the FTA then there is only the VAT to pay.

If it is NOT covered under FTA then there is duty, VAT and potentially a luxury tariff as well (since we don't know what it is).

.
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Swampfox10mm



Joined: 24 Mar 2011

PostPosted: Sat Jul 06, 2013 4:54 am    Post subject: Reply with quote

Ship it as a friend and write USED all over it.
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