• Title/Summary/Keyword: import verification

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An Empirical Study on Trade Facilitation by the Korean Government's Single Window System

  • Cheolkyu Maeng
    • Journal of Korea Trade
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    • v.27 no.1
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    • pp.101-118
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    • 2023
  • Purpose - Korea became a trillion-dollar trading country in 2011. With the exponential increase in Korea's trade volume over the past decades, trade-related administrative burdens per capita for Korea Customs became enormous, for which the government established the Single Window, a trade-facilitating system, in 2004 to enhance the efficiency of customs-clearing procedures for traders. This paper focuses on finding whether the Korean Single Window system affects the country's trade facilitation positively through an empirical methodology. Design/methodology - To find empirical evidence that Single Window affects trade facilitation for the customs-clearing procedure, this study assumes that a time-efficient environment enables the handling of the increase in trade volume, under which four independent variables related to import customs-clearing procedures and two dependent variables to import were adopted for empirical analysis. The import customs procedures are classified into four steps from port entry to declaration acceptance. To understand the relationship between variables, scattered plots and correlation coefficients were calculated. Eight hypotheses were set and underwent simple linear regression. The data for analysis were collected by Korea Customs, and were about the lead time of import, the volume of imports in million USD, and the number of import declarations reported to customs offices on a monthly basis from 2005 to 2013. Findings - Six of the eight hypotheses showed the statistically significant result that lead time in the import customs-clearing procedure positively affects the number of import declaration reports and import volume. Specifically, Hypothesis 1, Hypothesis 2, and Hypothesis 3 strongly support the assumption lead time in import customs declaration has an inverse relationship with the number of import declarations, which means that the shorter the import lead time, the more import declaration increases. Research Limitations/Implications - With limited data accessibility to the government's custom-sclearing procedures, only the import lead time for customs clearance were adopted as independent variables. This paper, however, successfully found that the Single Window system contributed to trade facilitation. Originality/value - This study found that the time-saving Single Window system of Korea Customs enables itself to manage an exponentially-increasing trade volume by creating a trade-facilitating environment for customs personnel and traders, which may be a unique implication found through quantitative methodology.

Legal Aspects on the Procedures and Settlement of the Disputes arising from the WTO Preshipment Inspection (WTO 선적전검사제도에 따른 실태와 분쟁조정의 해결에 관한 고찰)

  • Seo, Jeong-Il
    • Journal of Arbitration Studies
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    • v.8 no.1
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    • pp.293-322
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    • 1998
  • General Administrative Procedures of the Preshipment Inspection 1. Initial notification Preshipment Inspection is initiated by Agency when it receives notice either from the importing country, or the seller, that an export needs to be imspected 1.1 Notice from the importing country 1.2 Notice from the seller 2. Preliminary price verification After receipt of initial notification, Agency undertakes, Where possible, a preliminary price verification, based upon the Inspection Order and other contractual documents received. 3. Customs classification When required by the Government of the importing country. Agency forms an opinion of the Customs Classification Code based upon the Customs Tariff Book and Rules of Classification of the country of importation. The Customs Classification Code determines the tariff rate on the basis of which the importer will be required to pay import duties. 4. Import eligibility 5. Arrangements for physical inspection 5.1 Inspection request from seller 5.2 Place of inspection 5.3 Date of inspection 5.4 Physical inspection procedures 6. Physical inspection results When the physical inspection is completed, the inspector submits his report to the Agency office and the result of inspection will be communicated to the seller and, where applicable, the place of inspection. The result will state: satisfactory or conditional of unsatisfactory. The seller is welcome to present his views in writting to Agency in the event there is any query regarding the issuance of a conditional of unsatisfactory inspection result. 6.1 Satisfactory 6.2 Conditional 6.3 Unsatisfactory 7. Shipment of the goods The seller is advised to check with Agency prior to shipment if the physical inspection result has not been received or there are any doubts concerning whether a Clean Report of Findings will be issued. 8. Final price verification and classification Based on the results of physical inspection and appropriate final documents, Agency finalises the price verification and the Agency opinion of Customs classification code. When the preliminary price verification has not resulted in any unresolved questions and the inspection result and other documents received are consistent with the preliminary documentation, Agency will not normally require any additional information. The main exception would be if the terms of sale require reference to prices at the date of shipment. 9. The Report of Findings 9.1 Types of Reports of Findings - Clean Reports of Findings(CRF) The Agency will issue a Clean Reports of Findings(CRF), or equivalent document, normally within two working days after receipt of the necessary correct final documents and a satisfactory result in all aspects of the inspection. - Discrepancy Report.

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Development on the M&V Protocol for DSM Investment Program (수요관리 투자사업의 성과검증(M&V)모형 개발)

  • Cho, Sung-Hwan;Choi, Bong-Ha;Kim, Euy-Kyung;Jeon, Ho-Cheol
    • Proceedings of the SAREK Conference
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    • 2008.06a
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    • pp.237-242
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    • 2008
  • DSM(Demand Side Management) is reducing the load of energy supply utility through energy conservation and energy load distribution. This kind of program is necessary especially to our country which import above 97% of energy source. But the effectiveness of this kind program is not verified well even though our country is executing the various DSM programs. This study suggests M&V(Monitoring & Verification) guideline for DSM programs which are executing in Korea and shows the results which applied to verification of DSM programs.

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Development and Verification of an AI Model for Melon Import Prediction

  • KHOEURN SAKSONITA;Jungsung Ha;Wan-Sup Cho;Phyoungjung Kim
    • Journal of the Korea Society of Computer and Information
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    • v.28 no.7
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    • pp.29-37
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    • 2023
  • Due to climate change, interest in crop production and distribution is increasing, and attempts are being made to use bigdata and AI to predict production volume and control shipments and distribution stages. Prediction of agricultural product imports not only affects prices, but also controls shipments of farms and distributions of distribution companies, so it is important information for establishing marketing strategies. In this paper, we create an artificial intelligence prediction model that predicts the future import volume based on the wholesale market melon import volume data disclosed by the agricultural statistics information system and evaluate its accuracy. We create prediction models using three models: the Neural Prophet technique, the Ensembled Neural Prophet model, and the GRU model. As a result of evaluating the performance of the model by comparing two major indicators, MAE and RMSE, the Ensembled Neural Prophet model predicted the most accurately, and the GRU model also showed similar performance to the ensemble model. The model developed in this study is published on the web and used in the field for 1 year and 6 months, and is used to predict melon production in the near future and to establish marketing and distribution strategies.

A Study on the Verification of Air Cleaning Unit for Engine of Tracked Vehicle (궤도차량 엔진용 공기정화기 검증에 관한 연구)

  • Yi, Il-Lang;Kim, Sang-Boo
    • Journal of the Korean Society of Industry Convergence
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    • v.23 no.3
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    • pp.445-452
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    • 2020
  • The air cleaning unit of K00 IFV(or Infantry Fighting Vehicle) has important roles to make sure the engine of the vehicle works precisely as filtering foreign substances in the air such as dust and sands. The entire components including scavenge fan which is one of the important inner part of the air cleaning unit are developed so that we can produce it domestically and don't need to import it from P⁎⁎ Co., the original maker in United Kingdom. This paper introduces a few verification processes including cleaning efficiency and reliability. As this core unit has developed successfully the improvement of military strength and logistics support can be expected. And design capability, manufacturing skills, maintenance ability of tracked weapon system will be increased thanks to the accumulated technical knowledge obtained from this developing project. Foreign currency savings and reducing operational cost can be expected as well in military industry.

A case study on the exclusion of FTA application base on the processing operation of the rules of origin (원산지 규정의 가공공정기준에 따른 FTA 적용배제에 관한 사례 연구)

  • Se-Hyun Park
    • Asia-Pacific Journal of Business
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    • v.14 no.4
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    • pp.401-412
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    • 2023
  • Purpose - The purpose of this study is to analyze cases and suggest implications regarding the exclusion of the agreement tax rate according to the processing process standards of the FTA rules of origin. Design/methodology/approach - In this study, cases in which export and import companies were excluded from applying the agreed tax rate due to the application of processing operation standards after the application of the FTA were analyzed, focusing on the Tax Tribunal precedents, and a literature study was conducted. Findings - The results of this study analyzed through cases of appeal and verification of exclusion from application of the agreement are as follows. Research implications or Originality - Research on FTA cases is active, but this study is differentiated in that it focuses on analyzing cases of exclusion from application of negotiated tax rates based on meeting the processing process standards applied to fields such as textiles and chemicals in FTA.

An Empirical Analysis on the Appeal Case of Origin Verification for Korean Import Goods Using Bootstrapping Technique (부트스트랩 기법을 활용한 한국 수입 상품의 원산지검증 불복사례 실증분석)

  • Kim, Jong-Hyuk;Heo, Sang-Hyun;Kim, Suk-Chul
    • Korea Trade Review
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    • v.42 no.4
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    • pp.93-114
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    • 2017
  • Under the FTA agreement, preferential tariffs between FTA members will result in tariff reductions. In order to ensure the stable use of the FTA tariff system, it is necessary for the customs authorities to determine whether the origin goods are clearly applicable. This study analyzed the procedure of appeal according to the origin verification system based on the decision made by Korea Customs Service and Tax Tribunal. From this, we examined whether the rate of re-claiming a case rejected in the 'Review System of the Legality Before Taxation' differs. In addition, we carried out a quantitative analysis using bootstrapping technique in order to overcome the scarcity cases of verification of origin among FTA members. The implications of this paper are summarized as follows: First, we tested the hypothesis that the re-claiming rate of Western countries is higher. Second, some issues represented higher re-claiming rate. Third, there was no significant difference between the verification group and the re-claiming rate. Finally, even if an applicant makes a claim again, there is a possibility of being rejected again.

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A Study on the Liability of Supporting Evidence of a Certificate of Origin in FTA (FTA에서 원산지 증빙서류 증명 책임에 관한 일고)

  • LIM, Mok-Sam;LIM, Sung-Chul
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.77
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    • pp.239-258
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    • 2018
  • The purpose of this study is to examine the legal standards of agreements on the origin of liability and the relevant laws in Korea, to suggest implications for custom authorities and traders wishing to benefit from preferential tariff via FTA, citing the excluded cases of related FTA preferences (court cases and administrative judgments). In order to examine the provisions related to supporting evidence of the origin of liability in FTA, we examined FTAs agreed between Korea and EU, EFTA, ASEAN, U.S., and India relevant to FTA Special Customs Act, court cases and administrative judgements. If verifying the origin to protect the fair trade order impedes to promote utilizing FTA, solutions will need to be suggested. If FTA preference is exempted due to verifying the origin by the import customs authorities, the importer shall pay the income tax calculated in accordance with the general tax rate. This is because the certificate of origin confirmed during verification process is different from the actual origin. In most agreements, the exporter (the producer) shall issue the certificate of origin and since the importer has no other option than obtaining the certificate of origin from the exporter, it may face consequences such as declined credibility from the custom authorities in addition to being disqualified for FTA preferential, if the certificate of origin received from the exporter has flaws. On the other hand, the exporter cannot help but being punished by the customs authorities due to issuing defective origin certificates, but it doesn't have conventionary liabilities for damages incurred to the importer. As a result, importers are forced to pursue legal proceedings to claim damages to exporters or to give up FTA preference. As FTA is increasingly utilized, the number and amount of origin verification in Korea has continuously been increasing while administrative judgements indicates other FTA exporters doesn't seem to gain any support in utilizing FTA like Korea does. It has been 8 years since full-scale supports in FTA launched and now is the time to introduce more efficient and intensive FTA support system In this regard, it is desirable to conduct comprehensive verification on export Next, an institutions that assures FTA-based exports should be established in order to compensate the importer's damages that may occur from disqualified certificate of origin issued by the exporter.

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Representation of Rebar using IFC at Schematic Structural Design Stage (기술초대석 I - IFC를 이용한 기본설계단계 철근배근의 표현)

  • Jeong, Jong-Hyeon;Kim, Chi-Gyeong;Kim, Ji-Hyeon
    • 건축구조
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    • v.19 no.4
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    • pp.51-60
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    • 2012
  • In recent years, BIM has been applied to many building projects. However, IFC, which is the core technology of data exchange in BIM, has not been used widely. In particular, IFC has almost never been used to represent rebars in RC structures. This is because the lack of understanding and utilization strategy for data model of IFC on rebars. The purpose of this study is to store and manage the data on rebars using IFC at the schematic design stage. For this, we investigated the data to represent rebars for RC members, such as beam, column, wall, and slab at the schematic design stage. And, we analyzed the data model of IFC on rebars at the schematic design stage. Based on these investigation and analysis on data, we proposed the strategy for utilization of the data model of IFC on rebars. Finally, for verification, we generated a sample IFC file to represent the rebars of a simple RC structure according to the proposed strategy and imported the sample IFC file into the software, which we developed for this study. Based on the results of the import, we concluded that the data on rebars can be stored and managed using the proposed strategy for utilization of the data model of IFC on rebars.

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A Study of Correlation Between China Iron Ore Import, Steel Export Activity and Dry Bulk Index : Focus on Capesize C5/C10/C14 and Supramax S2/S3 (중국의 철광석 수입량과 철강 수출량이 부정기선 운임지수에 미치는 영향)

  • Jeon, Bong-Gil;Oh, Jin-Ho;Park, Keun-Sik
    • Journal of Korea Port Economic Association
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    • v.36 no.3
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    • pp.115-136
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    • 2020
  • This study aims to analyze the impact of China's iron ore imports and exports on the tramper freight rate of China. The import volume of iron ore in China, the export volume of steel products in China, and exogenous variables were used as independent variables. The dependent variables were BDI, BCI, C5, C10, C14, BSI, S2, and S3. Correlation analysis and regression analysis were conducted. The correlation analysis showed that China's iron ore imports were not related to the remaining BDI, BCI, BSI, C5, C10, S2, and S3, except for the C14 index. However, there was a positive correlation between the ship's space and international oil prices, and it was not related to China's Purchasing Managers Index (PMI). The export volume of steel products was negatively correlated with BDI, BCI, BSI, C5, C10, C14, S2, S3, and international oil prices, and was not related to iron ore imports, ship space, and China's PMI. In the verification of the hypothesis between China's iron ore imports and exogenous variables, China's PMI was rejected within the hypothesis. However, the hypothesis on international oil prices and ship space was adopted. In the verification of the hypothesis between China's steel export volume and exogenous variables, the hypothesis on BDI and the S3 index was adopted, and the hypothesis on BSI and S2 was rejected. In the analysis results of this study, the ship space and oil prices were adopted in all the hypothesis results. Domestic companies participating in the tramper shipping market will need to be prepared through continuous monitoring of related indicators.