Is the import of refurbished computer hardware, parts, and accessories (including toner cartridges) permitted?
The import of refurbished parts for copying machines, fax machines, laser printers, and toner cartridges is permitted. On December 28, 1998, the Korean Ministry of Commerce, Industry, and Energy (MOCIE) removed most of restrictions imposed on the importation of used equipment (MOCIE’s public announcement No. 1998-132). Most equipment enters Korea at a zero percent duty under the tariff schedules of WTO’s Information Technology Agreement (ITA). Those under HS code 8471.41, such as Desktop PCs, still enter at a 1.8 percent duty rate, which in a few years will become zero. If so, what are the documentation requirements? Is special labeling required? At present, there are no labeling and country of origin marking requirements in effect for imports of refurbished/used computer hardware into Korea. However, many commodities enter Korea labeled and marked to show the country of origin except where unnecessary according to international practices. What value should be shown on the invoice? See