SERVICES

ISU Customs & Trade Services is always ready to provide optimal solutions
based on expertise in various customs fields.

Customs Clearance

  • Establish seamless logistics process
  • Prompt and accurate customs clearance service
  • Actively review for any possible duty saving opportunities (duty exemption and refunds, etc.)
  • Support all customs clearance matters, including customs inspection of goods for import·export

Customs Valuation

  • Support to achieve “ACVA” (Advance Customs Valuation Arrangement for transactions between related parties)
  • Voluntary disclosure related to customs valuation
    ✔️ ISU Customs holds extensive experience related to corrections  according to ACVA and Transfer Pricing Adjustment (TPA)
  • Review the appropriateness of customs valuation
    ✔️ Review in additional items (e.g. roylaties) and deductible items
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HS Classification

  • Advanced HS Code Classification Rulings
  • Review the appropriateness of HS code and duty rates
    ✔️ Review in any refundable items as well as potential risks

Duty Refund

  • Support duty refund of raw materials for export (Service for exporters)
    ✔️ Individual refund, simplified fixed amount refund
    ✔️ Support claims for rectification for overpaid duty amount, etc.

Foreign Exchange Transactions

  • Advise related to Foreign Exchange (“F/X”) transactions and support F/X related declarations
  • Review the appropriateness F/X transactions and provide guidelines

Free Trade Agreements

  • Issuance of FTA certificate of origin and acquisition of ‘certified exporter’
  • Support for FTA origin verification 
  • Provide free FTA review services through government-funded projects

Customs Audits / Investigations

  • Support customs audit defense and F/X audit defense
    ✔️ ISU Customs has many experiences in successfully supporting audit defense of our clients
  • Support to deal with customs investigation and F/X investigation

Health Check

  • Health check for Customs and F/X transactions
    ✔️ Resolve potential risks, reduce duty amount and improve logistics processes

Appeals

  • Support appeals against dispositions by authorities (e.g. result of customs audit)
    ✔️ Pre-Assessment Review of customs audits, appeals to Tax Tribunals

Import·Export Requirements

  • Import requirements according to ‘Electrical Appliances And Consumer Products Safety Control Act’ and ‘Radio Waves Act’
  • Import requirements related to food and food utensils
  • Advices for export of strategic items

Other Customs Consultings Services

  • Support for reviewing customs benefits and requirements of overseas countries by using networks in major countries
    ✔️ ISU Customs supported many companies expanding to global markets, especially to the United States, India, Indonesia, Vietnam, and Malaysia, etc.