Sanctions against the items exceeding the duty free allowance
What are the sanctions against the clearance method for the items which exceed the duty free allowance and caught passing the clearance without the voluntary declaration?
Items purchased during the overseas travel which exceed the duty free allowance may be detained or go through the simplified clearance.
Travelers who fail to voluntarily report the declarable items will be imposed 30% additional tax.
Anyone who did not declare such items intentionally or made the false declarations will be inspected and he or she may be subjected to the imprisonment of up to no more than ten years and the fine no more than 20000000 won.
Benefits for Voluntary declaration
Travelers who voluntarily declared the items may pay taxes at a later date.
Post-clearance of tax payment is the system where the travelers who have voluntarily declared the items can retrieve the dutiable items first and pay the taxes in the nearest financial institution at a later date (within 15 days).
The post-clearance after the tax payment is available up to 800,000 won of tax amount
※ Exceptions for post-clearance after the tax payment: Non-resident, defaulter and those with less than 18 years of age and etc.