Regulations Governing the Bonding Operations in Science Parks Article 40

Where a park enterprise is to ship its bonded goods out of the Park for repair, inspection, assembly or test, an "Application for Shipping Bonded Goods out of the Park for Repair, Inspection, Assembly or Test" shall be filed to the Customs for review and approval, and the items may be released from the Park only after the completion of examination by the Customs and the payment of a security deposit for duties and taxes levied thereon.Where the value of the bonded goods referred to in the preceding Paragraph is not more than the maximum amount as prescribed by the Customs, the park enterprise may be exempted from the payment of the security deposit and may apply to the Customs for release thereof from the Park. For those enterprises that are qualified for performing the self-check-and-inspection of goods to be entered in and/or released from the Park and for making a consolidated monthly report, the application to Customs for release is exempt.Where a park enterprise is to import or purchase bonded goods from an enterprise located within other Parks, technology industrial parks, agricultural technology parks, bonded warehouses, logistics centers, free harbor zones, or within bonded factories, it may, upon approval of the Park Bureau, the completion of the application to the Customs and the payment of a security deposit for duties and taxes levied thereon, directly ship the said bonded goods out of the Park for inspection, assembly or test, and shall ship back to the Park upon completion of such inspection, assembly or test. If the value of the bonded goods does not exceed the limits set forth by the Customs, the said goods are exempt from paying security deposits.The provisions of Article 8 shall mutatis mutandis apply to the management of bonded goods records entering in and/or releasing from the Park covered by this Article.This process as described in Paragraph 1 to Paragraph 3 may be conducted through electronic communication.