Act for the Establishment and Administration of Technology Industrial Parks Article 37

Businesses in the Parks declaring and transporting the non-bonded imported goods in the name of bonded imported goods shall fill out a declaration form within 30 days from the day of release of the goods and declare to the customs for recovery of the taxes and duties. Where the declaration is made beyond the time limit, such businesses shall not only recover the taxes and duties, but also be charged a late payment calculated at 0.05% of the recoverable taxes and duties per day from the day of release of the goods to the day when the taxes and duties are settled. If the no declaration has been made at all by such businesses, such businesses, once identified by the customs, shall not only recover the taxes and duties and pay the late payment, but also be punished according to the relevant provisions of the Customs Anti-smuggling Act.