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Cases where foreign currency acquisition is impossible due to war, mishaps, natural disasters or changes in system in Korea or its trading partners
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Cases where goods made from the Materials require pilot products before the acquisition because manufacturing needs sophisticated technology
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Cases where foreign currency acquisition is impossible for reasons beyond the control of the Person.
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Cases where the Minister of Commerce, Industry and Energy recognizes that foreign currency acquisition is impossible due to unavoidable situation
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Case where foreign currency acquisition is impossible due to fire and natural disasters |
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Case where imported materials cannot be used due to the development of new products stemming from technological innovations and changes in customers' preference |
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Case where imported materials cannot be used due to changes in their nature |
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Case where a mayor or a provincial govern or recognize that the imported material cannot be used for reasons beyond the control of importers or purchasers |
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Required documents |
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Four applications for the approval of a change in the purpose of use (Form 4-10) |
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A document showing the reasons for the application |
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A document verifying the quantity of materials for the approval |
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A document verifying the convincing reasons for the application |
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Other documents required by the head of institution in charge of the approval |
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An approval of transfer between trading firms |
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This system is designed to allow trading firms unable to supply the Materials for export purposes to transfer the materials to other importer. In this case, assignee takes the responsibility of supplying the material for export purposes and of taking the Management. |
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[ An application for the approval of transfer between trading firms ]
Applicants shall submit the following documents to the head of an institution in charge of the Management : |
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Three applications for the approval of transfer between trading firms (Form 4-11) |
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A contract document of transfer and takeover |
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Certificates of import declaration or tax payment for raw materials |
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