latest classification issues audit policy bureau korea customs service (name)
TRANSCRIPT
Latest Classification Issues
Audit Policy Bureau
Korea Customs Service
(Name)
Office
Experience
Certificate
Self introduction
• Audit Policy Bureau, KCS(’13.2~)
• Auditing Team, Seoul Customs(’12.10)
• Investigation Team, Seoul Customs(’11.11)
• Hosting Korea Customs Classification Committee(’13.7~)
• Adopting of WCO Classification Opinion in national level(’13.10)
• Attending 53rd and 54th WCO HS Committee as Delegation of Korea(’14.3, ’14.9)
• Authorized Customs Broker(’09)• Classification Expert Certificate(’12)
I. What is HS and classification?
Contents
II. Why does classification matter?III. Case Studies - A Bullion Coin - A Paramotor - An Inflatable Ball - A Smart Watch
IV. Summary & Implications
HS “Chapter”
“Heading” “Sub-heading”
I. What is HS and Classifica-tion?
XX. XX. XX
Controlled goods Trade statistics
Customs tariffs & Drawback taxes
II. Why does classification matter?
Legal Tender (Heading 7118, 0%)
Gold Billets (Heading 7108, 3%)
III. Classification of a Bullion Coin
Aircraft(Heading 8802, 0%)
Paraglider(Heading 8804, 0%)
III. Classification of a Paramotor
“Hoppity Ball” – Toy(Heading 9603, 8%)
“Fitness Ball” – Article for physical exercise
(Heading 9606, 8%)
III. Classification of an inflat-able ball
?
Machine for transmission of data(Heading 8517, 0%)
Wrist -watch(Heading 9102, 8%)
III. Classification of a smart watch
?
• Clear Criteria
IV. Summary and Implica-tion
Legal Tender (HS 7118, 0%)
Aircraft(HS 8802, 0%) ? ?
• Essential Characteristics
Q & A