Enforcement Rules of the Foreign Trade Act Article 8

If any one of the following circumstances applies to exporters or importers prior to the date of publication or the designated date as stated in Article 7, they may still export or import goods, unless it is otherwise stipulated in other regulations:1. The exporter or importer has already obtained an export or import permit which is still valid; or2. The L/C applied for by the importer has been issued, the payment for goods has already been remitted, or goods have already been shipped out from a foreign country, which can be corroborated by supporting documents; or3. The exporter has received an L/C issued by a bank in a foreign country or already collected payment for goods, which can be corroborated by supporting documents.The supporting documents referred to in subparagraphs 2 and 3 of the preceding paragraph shall contain the names and quantities of the goods.Artivle 8-1To manage trade and collect statistics under the Act, the Bureau of Foreign Trade (BOFT) of the MOEA may use the Customs Import Tariff Code as the classification framework to compile its Export and Import Commodity Classification Schedule.