We provide support in every process from application to approval for the ACVA (Advance Customs Valuation Arrangement for transactions
between related parties), a system determining the customs value of imported goods in advance,
for transactions between related parties through mutual agreement between taxation authorities and taxpayers upon the application of taxpayers.
Customs duty investigation is deferred with
respect to the dutiable value of the goods
on which ACVA has been applied for, from
the time of application to the time
of approval. For 3 years from
the time of approval, the declared
value is accepted as the dutiable value.
ACVA approved firms are more competitive
by earning trust from consumers and
taxation authorities in the price of the
imported goods.
ACVA approved firms can be authorized
for AEO with ease. AEO authorization
provides benefits such as quick customs
clearance domestically and in foreign
countries as well.
As any ACVA applicant can use
theprovisional value declaration system
from the date of ACVA application,
the applicant will be exempt from additional
duty if the dutiable value of goods is
changed to the value approved by ACVA.
apply for a prior
consultation in advance
if necessary
base data for the
method of determining
the price of
imported goods,
such as the previous
price policy or report,
the contract, etc.
1 year of examination
Upon the receipt of
notification of
examination results,
the applicant notifies
either agreement or
disagreement
to the results
Valid thorugh 3 years
Submit an annual
report to the
KCS Headquarters
every year.
Analyze
the influence on
transaction prices
between related
parties before the
ACVA application
Represent
ACVA application
Assist preparation
for all supporting
documents
of the
ACVA application
Support annual
report preparation
and
post management
after
ACVA approval