Regulations Governing Customs Clearance for Goods in Free Trade Zones Article 14

Where the goods are transported by a free-trade-zone enterprise to another free trade zone pursuant to Subparagraph 3 of Paragraph 1 of Article 5, or the cases are reported to Customs pursuant to the Article 7 stipulating the transactions conducted within the free trade zone, except for the goods (products) set forth in the Article 15 of this Act, the free-trade-zone enterprise may apply to Customs to use the monthly consolidated declaration procedures.The free-trade-zone enterprise having been approved to implement monthly consolidated declaration shall process the entry/release of goods into/from the zone (factory) and report the goods to Customs under Paragraph 3 of the preceding article; moreover, the entry/release date of the last lot of goods shall be deemed as the import/export date.Where the cases reported on a monthly consolidated declaration basis are found to contain any false or incorrect information, such cases shall be handled in accordance with the provisions set forth in Paragraph 1 of Article 38 of the Act.