Used Vehicles Import Duty & Landed Cost: South Korea to Taiwan
Full 2026 tariff breakdown, customs duty calculations, and compliance alerts for importing into Taiwan.
2026 Tariff & Cost Breakdown for Importing Used Vehicles
The total cost of importing Used Vehicles from South Korea to Taiwan includes a 17.5% duty and 5% VAT on the CIF value in USD. This means that importers must pay duties and taxes on the total value of the vehicle, including the cost of shipping and insurance.
Cost Breakdown
| Component | Rate | Amount |
|---|---|---|
| Product Value | — | EUR 1501.26 |
| Shipping | — | EUR 32.49 |
| Insurance | — | EUR 0.00 |
| CIF Value | — | EUR 1533.75 |
| Customs Duty | 17.5% | EUR 268.41 |
| VAT/GST | 5% | EUR 90.11 |
| Total Landed Cost | — | EUR 1892.27 |
HS Code Classification for Used Vehicles
Primary HS Code: 8703.000000 — What It Covers
The primary HS Code for Used Vehicles is 8703.000000, which covers all types of vehicles, including cars, trucks, and buses. Ministry of Finance, Customs Administration requires accurate classification to avoid misclassification penalties.
Why Misclassification Carries Risk in Taiwan
Misclassification of HS Code can result in a fine of up to NT$30,000 in Taiwan, emphasizing the need for accurate classification. Ministry of Finance, Customs Administration enforces strict penalties for HS code misclassification.
Step-by-Step Guide: Importing Used Vehicles from South Korea to Taiwan
Step 1: Verify Your HS Code & Product Description
Importers must verify their HS Code and product description to ensure accuracy and compliance with Ministry of Finance, Customs Administration requirements. Used Vehicles must comply with CNS (Chinese National Standards) and CC (Compliance Certification).
Step 2: Gather Required Import Documents
Importers must gather all required import documents, including a commercial invoice, certificate of origin, and packing list. Ministry of Finance, Customs Administration requires these documents for customs clearance.
Commercial Invoice Requirements
A commercial invoice must include the CIF value, HS Code, and product description. Ministry of Finance, Customs Administration uses this information to calculate duties and taxes.
Certificate of Origin
A certificate of origin is required to verify the country of origin and comply with Ministry of Finance, Customs Administration regulations. Used Vehicles from South Korea must meet specific requirements.
Packing List & Shipping Documents
A packing list and shipping documents, such as a bill of lading, are required for customs clearance. Ministry of Finance, Customs Administration verifies these documents to ensure compliance.
Step 3: Calculate Your Landed Cost
To calculate the landed cost, importers must add the CIF value in USD to the 17.5% duty and 5% VAT, resulting in the total cost: CIF + Duty (17.5%) + VAT (5%) = Total. This calculation provides the total cost of importing Used Vehicles from South Korea to Taiwan.
Step 4: Submit to Taiwan Customs Authority
Importers must submit all required documents to the Taiwan Customs Authority for customs clearance. Ministry of Finance, Customs Administration reviews these documents to ensure compliance.
Step 5: Pay Duties & Clear Goods
After customs clearance, importers must pay the calculated duties and taxes to clear the goods. Ministry of Finance, Customs Administration collects these payments and releases the goods.
How to Legally Reduce Duty on Used Vehicles Imports into Taiwan
Applicable Free Trade Agreements in 2026
There is no bilateral Free Trade Agreement between South Korea and Taiwan, meaning that importers cannot take advantage of preferential tariff rates. Ministry of Finance, Customs Administration enforces standard tariff rates for Used Vehicles.
Duty Deferral Options: Bonded Warehouses & FTZs
Importers can use Free Trade Zones (FTZs) and Bonded Logistics Parks to defer duty payments. Ministry of Finance, Customs Administration regulates these zones to ensure compliance.
Preferential Tariff Programs
There are no preferential tariff programs available for Used Vehicles imported from South Korea to Taiwan. Ministry of Finance, Customs Administration enforces standard tariff rates.
Taiwan Customs Compliance Rules for Used Vehicles
Ministry of Finance, Customs Administration Requirements for Used Vehicles
Ministry of Finance, Customs Administration requires importers to comply with CNS (Chinese National Standards) and CC (Compliance Certification) for Used Vehicles. Importers must also obtain pre-shipment inspection certificates from designated inspection bodies.
De Minimis Threshold
There is no De Minimis threshold applicable to Used Vehicles imported from South Korea to Taiwan. Ministry of Finance, Customs Administration requires duties and taxes to be paid on all imports.
Frequently Asked Questions About Used Vehicles Import Duty from South Korea to Taiwan
What is the duty rate for Used Vehicles from South Korea to Taiwan?
The duty rate for Used Vehicles from South Korea to Taiwan is 17.5%. Importers must also pay 5% VAT on the CIF value.
Are there any Free Trade Agreements between South Korea and Taiwan?
There is no bilateral Free Trade Agreement between South Korea and Taiwan, meaning that importers cannot take advantage of preferential tariff rates.
What certifications are required for Used Vehicles imported into Taiwan?
Used Vehicles must comply with CNS (Chinese National Standards) and CC (Compliance Certification). Importers must also obtain pre-shipment inspection certificates from designated inspection bodies.
Can I use Bonded Warehouses to reduce duty payments?
Yes, importers can use Free Trade Zones (FTZs) and Bonded Logistics Parks to defer duty payments. Ministry of Finance, Customs Administration regulates these zones to ensure compliance.
What is the penalty for HS code misclassification in Taiwan?
Misclassification of HS Code can result in a fine of up to NT$30,000 in Taiwan. Ministry of Finance, Customs Administration enforces strict penalties for HS code misclassification.
How do I calculate the landed cost of importing Used Vehicles from South Korea to Taiwan?
To calculate the landed cost, importers must add the CIF value in USD to the 17.5% duty and 5% VAT, resulting in the total cost: CIF + Duty (17.5%) + VAT (5%) = Total.