Vegetable Saps and Extracts Import Duty & Landed Cost: Italy to South Korea
Full 2026 tariff breakdown, customs duty calculations, and compliance alerts for importing into South Korea.
2026 Tariff & Cost Breakdown for Importing Vegetable Saps and Extracts
Importers of Vegetable Saps and Extracts from Italy to South Korea face an 8% duty and 10% VAT based on the CIF value in USD. The total cost includes the CIF value plus duty and VAT, making it essential to calculate the landed cost accurately.
Cost Breakdown
| Component | Rate | Amount |
|---|---|---|
| Product Value | — | EUR 0.56 |
| Shipping | — | EUR 0.00 |
| Insurance | — | EUR 0.00 |
| CIF Value | — | EUR 0.56 |
| Customs Duty | 8% | EUR 0.04 |
| VAT/GST | 10% | EUR 0.06 |
| Total Landed Cost | — | EUR 0.66 |
HS Code Classification for Vegetable Saps and Extracts
Primary HS Code: 1301.900000 — What It Covers
The primary HS Code 1301.900000 covers Vegetable Saps and Extracts, which must be correctly classified to avoid misclassification penalties. Korea Customs Service enforces strict HS code classification rules.
Why Misclassification Carries Risk in South Korea
Misclassification of Vegetable Saps and Extracts under the wrong HS code can result in fines and potential confiscation of goods, emphasizing the need for accurate classification.
Step-by-Step Guide: Importing Vegetable Saps and Extracts from Italy to South Korea
Step 1: Verify Your HS Code & Product Description
Importers must verify the HS code and product description of their Vegetable Saps and Extracts to ensure compliance with Korea Customs Service regulations.
Step 2: Gather Required Import Documents
Korea Customs Service requires importers to gather necessary documents, including a commercial invoice, certificate of origin, and packing list.
Commercial Invoice Requirements
A commercial invoice must include the HS code, product description, and CIF value in USD.
Certificate of Origin
A certificate of origin is required to prove the Italian origin of the Vegetable Saps and Extracts.
Packing List & Shipping Documents
A packing list and shipping documents must be prepared to facilitate smooth customs clearance.
Step 3: Calculate Your Landed Cost
The landed cost is calculated as CIF + 8% duty + 10% VAT = Total in USD, providing a comprehensive view of the import costs.
Step 4: Submit to South Korea Customs Authority
Importers must submit their documents to the Korea Customs Service for customs clearance.
Step 5: Pay Duties & Clear Goods
After customs clearance, importers must pay the calculated duties and clear their Vegetable Saps and Extracts from the port of entry.
How to Legally Reduce Duty on Vegetable Saps and Extracts Imports into South Korea
Applicable Free Trade Agreements in 2026
The Korea-EU FTA provides reduced or eliminated tariffs on Vegetable Saps and Extracts imported from Italy, offering a preferential tariff rate.
Duty Deferral Options: Bonded Warehouses & FTZs
Free Trade Zone (FTZ) programs and bonded warehouses allow importers to defer duty payments on their Vegetable Saps and Extracts.
Preferential Tariff Programs
The Generalized System of Preferences (GSP) is a preferential tariff program that may apply to Vegetable Saps and Extracts imports from Italy.
South Korea Customs Compliance Rules for Vegetable Saps and Extracts
Korea Customs Service Requirements for Vegetable Saps and Extracts
Korea Customs Service requires importers to comply with HACCP and Korean Food Code certifications, as well as labeling requirements, including the use of the Korean language on labels.
De Minimis Threshold
The de minimis threshold of 200 USD applies to imports of Vegetable Saps and Extracts, below which no duties or taxes are payable.
Frequently Asked Questions About Vegetable Saps and Extracts Import Duty from Italy to South Korea
What is the HS code for Vegetable Saps and Extracts?
The primary HS code for Vegetable Saps and Extracts is 1301.900000. This code must be used for customs clearance. Korea Customs Service enforces strict HS code classification rules.
What is the duty rate for Vegetable Saps and Extracts from Italy?
The duty rate for Vegetable Saps and Extracts from Italy is 8% based on the CIF value in USD. The Korea-EU FTA may provide a reduced or eliminated tariff rate.
What certifications are required for Vegetable Saps and Extracts imports?
HACCP and Korean Food Code certifications are required for Vegetable Saps and Extracts imports into South Korea. Importers must comply with these certifications to ensure compliance with Korea Customs Service regulations.
Can I use a bonded warehouse to store my Vegetable Saps and Extracts?
Yes, you can use a Free Trade Zone (FTZ) program or a bonded warehouse to store your Vegetable Saps and Extracts and defer duty payments. This can help optimize your logistics and customs clearance process.
What is the de minimis threshold for Vegetable Saps and Extracts imports?
The de minimis threshold for Vegetable Saps and Extracts imports is 200 USD, below which no duties or taxes are payable. Importers must still comply with all relevant regulations and requirements.
How do I calculate the landed cost of my Vegetable Saps and Extracts imports?
The landed cost is calculated as CIF + 8% duty + 10% VAT = Total in USD. This provides a comprehensive view of the import costs and helps importers budget and plan accordingly.