Revised Custom Duty Refund System Makes Mold and Die Industry Brisk

摘要

Local die and mold industry is expected to get brisk thanks to the government's revision of the custom duty refund system. According to the Korea Die & Mold Industry Cooperative, the custom duty refund system is to get back the duties already paid to the custom houses for the imports of raw materials when they export dies and molds made with such imported raw materials.