Regulations Governing the Offsetting or Refund of Duties and Taxes on Raw Materials for Export Products Article 14

In case of any of the following circumstances, duties and taxes on raw materials for export products may be recorded on account upon application filed with the competent authority, except for those which refund is not permitted pursuant to the regulations:1. Security or guarantee bond provided pursuant to Article 11 of the Customs Act.2. Duties and taxes on raw materials for export products which are permitted for a self-executed affidavit pursuant to Article 15.For the imported raw materials to which the tax rate provided in the third column of the Customs Import Tariff is applicable under the provisions of Articles 6 and 7, the portion of customs duties which exceeds the tax rate provided in the first column is not allowed to be recorded on account.Factories and firms applying for account recording of duties and taxes according to the preceding Paragraph 1 and Article 13 Paragraph 1 shall meanwhile execute an affidavit to guarantee that such raw materials will not be used for domestic sale