DECİSİON ON THE İMPLEMENTATİON OF PROTECTİON MEASURES İN THE İMPORTATİON OF POLYETHYLENE TEREPHTHALATE FROM THE REPUBLİC OF KOREA
Decision number: 262
President; No. 30581, dated 31.10.2018.
Implementation of the Decision on the Implementation of the Prevention Measure in the Import of Polyethylene Terephthalate Originated in the Republic of Korea, 1567 of the Law No. 2067 dated 20/2/1930, Law No. 474 of 14/5/1964, 2nd, Law No. 3283 of 6/5/1986, 2nd. Articles 16, 22 and 55 of Law No. 4458 of 27/10/1999 and Pursuant to the provisions of Law No. 2976 of 2/2/1984 and the provisions of Law No. 4067 of 26/1/1995 it has been decided.
Scope
ARTICLE 1- (1) This Decision was initiated by the Communiqué on the Prevention of Import Measures (Communiqué No: 2018/1) published in the Official Gazette dated 23/2/2018 and numbered 30341. and 10/5/2004 dated 2004/7305 and the Council of Ministers Decision on the Prevention of Importation Measures, Regulation on the Prevention of Import Measures published in the Official Gazette No. 25486 dated 8/6/2004 Within the framework of the Free Trade Agreement between our country and Republic of Korea which entered into force on 1/5/2013 This standard covers the procedures and principles regarding the protection measures taken as a result of the investigation carried out for the protection of the origin of the Republic of Korea.
Prevention measure
ARTICLE 2- (1) Additional financial obligation is applied as a safeguard measure for 2 (two) years in the importation of the goods of the Republic of Korea of the Other defined goods of the 3907.69.00.00.00 Customs Tariff Statistical Position.
|
HS CODE |
DEFINITION OF GOODS |
COUNTRY OF ORIGIN |
ADDITIONAL FINANCIAL LIABILITY(CIF %) |
|
|
3907.69.00.00.00 |
Others |
Republic of Korea |
1. Period* |
2. Period* |
|
% 6,5 |
%6 |
|||
* Each period to which the safeguard measure is to be applied shall refer to each successive one-year period starting from the date of entry into force of this Decision.
Collection of additional financial obligation
ARTICLE 3- (1) The additional financial obligation shall be collected separately from customs duties and other financial obligations on imports by the customs authorities and recorded as income in the general budget.
(2) Law No. 6183 on the Procedure for the Collection of Public Receivables shall be applied for the collection of additional financial obligation.
Other legislation
ARTICLE 4- (1) The provisions of the Customs Law No. 4458 and other relevant customs legislation regarding the procedure and form regarding registration, accrual, collection, return, follow-up and guarantee of customs duty, shall also be applied in the registration, accrual, collection, repayment, follow-up and bonding of additional financial obligation to be applied as protection measure.
(2) Without prejudice to the provisions of other legislation, those who perform import transactions without fulfilling additional financial obligations shall be subject to a fine of twice the non-performing additional financial obligation within the framework of the Law No. 2976 on the Regulation of Foreign Trade.
Force
ARTICLE 5 - (1) This Decision shall enter into force on the date of its publication.
Execution
ARTICLE 6 - (1) The provisions of this Decision shall be executed by the Minister of Commerce.