Get informed here. Stay informed with our Newsletter.

Importing Japanese Used Cars Into South Korea

WHAT YOU CAN IMPORT

...

Go To Top

HOW MUCH IT WILL COST

Determination of Customs Value;
- CIF price (the price of the car + insurance fee + freight rates)

Taxes imposed on the Car;
1) customs duty : the Value x 8%
2) special consumption tax : (the Value + customs duty) x 7~14% depends on the engine
3) education tax : 3) x 30%
4) VAT : (the Value + 1 + 2 +3) x 10%
5) Sum : 1) + 2) + 3) + 4)

Go To Top

LINKS FOR SOUTH KOREA

Korea Customs
KOTSA
Korean Embassy

Go To Top
Return to Asia
Bookmark This To: