Urgent.News

What's breaking now, across thousands of outlets.

Business

Korea Customs Service to run 24-hour clearance support ahead of Chuseok

The Korea Customs Service will roll out a package of special measures ahead of Chuseok, Korea's autumn holiday, to speed the supply of seasonal food items, ease import clearance and reduce the financial burden on exporters, the agency said. From Sept. 7-27, 34 customs offices nationwide will operate 24-hour special clearance teams, including nights and holidays, to fast-track imports of holiday…

Korea Customs Service to run 24-hour clearance support ahead of Chuseok

The Korea Customs Service has announced a series of special measures to facilitate the flow of holiday goods and alleviate financial strain on exporters ahead of the Chuseok autumn festival, which begins on September 7th. From September 7th to 27th, 34 customs offices across the country will be staffed around the clock, including during nights and holidays, to expedite the import clearance process for seasonal food items and essential raw materials.

These dedicated teams will prioritize the inspection of holiday food staples and urgently required raw materials while simultaneously tightening controls on potentially unsafe or illegal food products.

In addition, specialized teams will be deployed at customs offices in Incheon, Pyeongtaek, Gunsan, Yongdang, and Gimpo Airport to handle the anticipated increase in direct overseas purchases, or personal imports bought directly from foreign online retailers. To prevent the hoarding of goods subject to tariff-rate quotas, such as frozen pork and fruit, the customs agency will impose surcharges on late import declarations and intensify inspections of bonded warehouses to ensure the prompt release of products.

To assist exporters in managing their cash flow during this busy period, a special customs refund support period will be in effect from September 10th to 23rd. During this window, exporters will receive refunds for eligible expenses, helping to ease the financial burden associated with the influx of holiday goods and the heightened customs clearance activity.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at koreatimes.co.kr →

More in Business

More from Friday 4 September →