Regulations Governing the Bonding Operations in Science Parks Article 23

For the finished products of a park enterprise to be sold by a park enterprise to an export processing factory eligible for having its payable import duty and dues on credit, the seller and the buyer shall jointly fill out an application for export and import of finished products, and shall file the same together with necessary documents for clearance of goods with the Customs for customs clearance formalities.Recordation of duties and taxes for an export processing factory as set forth in the preceding Paragraph shall be processed in accordance with the "Regulations Governing the Offsetting or Refund of Duties and Taxes on Raw Materials for Export Products", with the date of Customs' endorsement and release of said application to be regarded as the date of export and import.