What's New
  • Zero rate VAT is extended in brokerage business
  • CKC
    Views: 8228, 2017.08.03 11:43:04

  • Zero rate VAT is extended in brokerage business


     (Current)


       46 Wholesale Trade and Commission Trade, Except of Motor Vehicles and Motorcycles


    461 Wholesale on a Fee or Contract Basis


    4610 Wholesale on a Fee or Contract Basis


    46101 Brokerage of Industrial Agricultural Raw Materials and Live Animals


    46102 Brokerage of Food, Beverages and Tobaccos


    46103 Brokerage of Textiles, Clothing, Footwear and Fur Articles


    46104 Brokerage of Machinery Equipment


    46105 Brokerage of a Variety of Goods


    46109 Brokerage of Other Commodity


    462 Wholesale of Agricultural Raw Materials and Live Animals


    463 Wholesale of Food, Beverages and Tobaccos


    464 Wholesale of Household Goods


    465 Wholesale of Machinery Equipment and Supplies


    466 Wholesale of Construction Materials, Hardware and Heating and Air Conditioning Equipment


    467 Other Specialized Wholesale


    468 Wholesale of Non-Specialized Goods


     


    [Remark]


    Red Color: Zero rate VAT is not allowed


    Green Color: Zero rate VAT is allowed if service fee is paid in foreign exchange through exchange bank. Reciprocal condition is not imposed.


    Yellow Color: Zero rate VAT is allowed if service fee is paid in foreign exchange through exchange bank. Reciprocal condition is imposed from July 1, 2016.


     


    (New)


    46 Wholesale Trade and Commission Trade, Except of Motor Vehicles and Motorcycles


    461 Wholesale on a Fee or Contract Basis


    4610 Wholesale on a Fee or Contract Basis


    46101 Brokerage of Industrial Agricultural Raw Materials and Live Animals


    46102 Brokerage of Food, Beverages and Tobaccos


    46103 Brokerage of Textiles, Clothing, Footwear and Fur Articles


    46104 Brokerage of Machinery Equipment


    46105 Brokerage of a Variety of Goods


    46109 Brokerage of Other Commodity


    462 Wholesale of Agricultural Raw Materials and Live Animals


    463 Wholesale of Food, Beverages and Tobaccos


    464 Wholesale of Household Goods


    465 Wholesale of Machinery Equipment and Supplies


    466 Wholesale of Construction Materials, Hardware and Heating and Air Conditioning Equipment


    467 Other Specialized Wholesale


    468 Wholesale of Non-Specialized Goods


     


    (Effective date)


    This change is effective to the supplies occurred from February 7, 2017



Comment 0 ...

No.
Subject
103 439 2018.05.28
102 502 2018.05.16
101 555 2018.05.14
100 9418 2017.08.18
8228 2017.08.03
98 9431 2017.08.02
97 11084 2017.07.05
96 11156 2017.07.04
95 10353 2017.06.21
94 10867 2017.06.19
Tag
  • INAA GROUP
  • Compandben SA
  • High Street Partners
  • Invest Korea
  • Seoul Global Center
  • Knowing about Korea
  • National Tax Service
  • Minstry of Labor
  • National health Insurance
  • National Pension Service
  • Compensation & Welfare Service