Regulations Governing the Bonding Operations in Science Parks Article 32

For the bonded goods as set forth in the preceding Article, the selling park enterprise may conduct the self-check-and inspection of such goods and release them from the Park, and make a consolidated monthly report on such sales in accordance with the provisions of Article 5 and Article 6 hereof and the following provisions:1. In the event the park enterprise pays to the Customs a security deposit with the sufficient amount to guarantee the tax payable, the park enterprise or both the buyer and the seller are entitled to jointly file the monthly report to the Customs.2. To establish a register of monthly reportable and to record therein, prior to releasing the goods from the factory and in the sequence of such releases, the dates, the name, specifications, quantity, price of the goods of each lot of domestic sales and the estimated amount of the import duties and taxes levied thereon. The park enterprise shall be allowed to take the delivery from the factory in advance with a limitation that the total value of the goods so released shall not exceed the amount of the security deposit prepaid.3. The park enterprise shall, before the 15th day of the following month, file an application for import for all the goods in the preceding month, and apply for the payment of supplementary import duties and taxes levied thereon.Where the bonded goods, as referred to in the preceding Paragraph, are goods other than an act of transaction and must be kept in the original factory after Customs' release, the item-by-item declaration method must be adopted for Customs clearance. The provisions of the preceding Paragraph shall not apply.