South Korea will require timber importers to provide legality documents from October 1

South Korea will require timber importers to provide legality documents from October 1

Release date: 2018-11-12 Source: http://www.wood168.net/
Since October 1, 2018, South Korea has asked importers of specific timber products to submit relevant documents to the Korean Customs to verify the legality of imported timber products. These documents are documents or certificates that can prove that the production of wood products conforms to the laws and regulations related to harvesting in Korea or harvesting countries. This requirement applies to products such as wood pellets (440131), logs (4403), sawn timber (4407) and plywood (4412).
The fsc and pefc forest certifications are considered certificates that meet the new requirements for Korean timber legality. For New Zealand exporters without the fsc and pefc certificates, the Korean government agreed to use the tax declaration as a certificate to meet the new requirements after consultation between the two governments, but did not accept the current Ministry of Primary Industries information statement as proof of legality. .
Therefore, New Zealand will build a new taxation declaration system based on the current forest grower harvesting timber taxation information system. Once the system is ready, the Forest Growers Taxation Fund will entrust Taxation Systems Ltd. (lsl) to manage the taxation of timber commodities. New Zealand timber product exporters can issue a tax declaration with lsl after issuing a tax invoice in lsl. The statement will be charged NZ$65, valid for one year.

Check Also

vinyl plastic flooring

Decoration science stickers – composite wood, vinyl plastic flooring, solid wood flooring which is better?

Decoration science stickers – composite wood, vinyl plastic flooring, solid wood flooring which is better? …

Leave a Reply

Your email address will not be published. Required fields are marked *