General Information
 


Bonded Area

The Organizer shall obtain a special bonded area for KINTEX during International LED EXPO 2012,
and help foreign exhibits be imported without customs procedures.
Once brought into the bonded area, no products shall be moved to other places unless prior approva
l has been obtained from the Organizer or customs officials.
No sales activities shall be permitted in the bonded area.

Delivery of Exhibits from Overseas

It is recommended that the Exhibitors ship exhibits (including stand-building materials) to Korea through
local partners/agents of Official Forwarders (refer to Official Contractors) appointed by the Organizer to
secure smooth and efficient inland handling after exhibits arrive in Korea .  However, in case an
Exhibitor has his own preferred freight forwarder at the departure point, he may ship the exhibits to a
Korean sea/air port at his own responsibility through the said forwarder.  As mentioned above, please
be advised that all original shipping documents are to be handed over to the Official Forwarder for further
handling after exhibits arrive in Korea .

Sea freight exhibits shall arrive in Korea by April 30, 2012 , and air freight exhibits by April 25, 2012.

The Exhibitors shall arrange bonded transportation of the exhibits up to the exhibition site after arrival in
the airport or seaport, and to the bonded warehouse after closure of the Show.

In order to facilitate inspection of exhibits at the time of delivery or removal, a responsible supervisor
with thorough knowledge of the exhibits shall be present at the site of inspection.

After closure of the LED EXPO 2012, import or export of exhibits shall be subject to normal customs
procedure.

Method of customs clearance of the exhibits

Bonded Clearance

- Simplified clearing of the goods, without official Import clearance, on condition that those goods leave
the country once the exhibition is over. Should there be a buyer for those g oods, an official customs
clearance is needed.

- During the exhibition, LED EXPO 2012 secretariat accounts for the clearance of those bonded
exhibition goods. Therefore, the participating companies are required to report all the details of the
bonded goods to the secretariat by March 31, 2012.

No-Draft Clearance

- Designates goods that are less than US$5 each and the Total Invoice Value does not exceed US$300.

Re-Export Clearance (Mortgage required)

- A promise with the customs office that the importers shall re-export the goods within a given period.
- Note the following:
Clearing of goods by re-exporting if they do not belong to the bonded industries. (Hotel, general event)
* When the exhibits are needed by the buyers or for demonstration purpose for a fixed period after the exhibition is over
* Then, the customs inspection is the arrival inspection (different from bonded clearance) and
customs tax is exempt

※ Types of Mortgage

- Cash Mortgage : Based on taxes (only for items valued under US$300)
- Bank Guarantee : When the bank guarantees the payment
- Tax Payment Insurance : Issuance of the payment guarantees insurance


ATA CARNET : Certificate documents agreed upon amongst the government

- Clearance by re-exporting if the goods are not classified as the bonded area.
- In cases where the Importer requires an extra setting of its exhibits in its subsidiary before the opening of the show

※ The main tasks of customs clearance and freight service companies are as follows

- P ayment for the cargo / bonded forwarding from the harbor (airport) to the Exhibition hall
- Un loading and placement of items in the booth / break down and storage of the empty boxes /
installation processes / customs clearance
- R epackaging and loading onto transport vehicles for the move-out
- I mport of specified products are entered in bonded warehouses and stored. Import related services
are provided / national carriage (sea & air) for returned items


Arrival date of shipping documents to clearance and transportation companies

Arrival date of maritime cargo at Pusan Port

Arrival date of air cargo at Incheon airport

Customs clearance and transfer of bonded freight to the exhibition hall

Exhibition period

Return and disposal of classified cargo

Import and return of goods: work inside the exhibitions, repackaging and other services


Requirements to acquire domestic bond freight licenses

Bill of lading or AWB(Original 1 Copy 4)
Commercial Invoice(Original 1 Copy 4)
Packing List(Original 1 Copy 4)


exhibitors and the domestic agents must attend to the following items for a smooth
  exhibits operation

Consignee
: Exhibitor agent in Korea (if any) or Exhibitor C/O Secretariat Office of LED EXPO 2012,
BOOTH No.___, and ___ Hall

Notify party
: Refers to the designated-"transportation and customs clearance"-service company

Destination
- Maritime cargo : Pusan
- Air cargo : “ INCHEON , KOREA ”

※ Please record "INCHEON, Korea ", and not " Seoul , Korea ", for the "Final Destination" on AWB
to avoid unnecessary delays and additional charges .

You must write the item list and price in English and in USD for the shipping documents

The price of the exhibits should be CIF Pusan/Incheon port or INCHEON Airport on the invoice.
Even if the products have no commercial value, they should still list a price.

You must record "These Goods are intended only for display in LED EXPO 2012 at KINTEX, GOYANG
CITY, GYEONGGI, KOREA during June 26 ~29, 2012" on the B/L, Invoice and the exhibit packing list.

You must make invoices and packing lists separately for: the returned goods, sold goods or consumable goods and giveaway items.

All shipping documents should be made in English.

All exhibitors must submit the shipping documents and schedules by fax once the exhibits are shipped. Especially when the goods may arrive later than scheduled, exhibitors must inform their service
companies in advance by fax.


Packing

Exhibitors must pack the items sturdily, even if they are carried in containers, to avoid any damage while
transporting or working inside the hall. Special care is needed if items are to be re-used after the exhibit.


Box marking

You must mark the packing surface of the exhibit containers as follows

EXHIBITOR :

BOOTH NO :

PACKAGE NO :

GROSS WT : (KG)

NET WT : (KG)

DIMENSIONS : (L) (W) (H)CM

“EXHIBITION GOODS FOR LED EXPO 2012”

각사명칭 <ex> (C/O THE KOREA EXPRESS CO., LTD)


Korean customs law stipulates that the following items are exempt from customs tax.

Catalogues, pamphlets, pictures, ad materials, etc.

Samples (except for liquor, cigarettes and food), Souvenirs (badges, medals) must be less than 5 USD   each and the total quantity and price must be approved by the customs office.

The total price and the number of units of paint, varnish, wall paper for booth construction, etc. must also   be approved by the customs office

Dispoable products used for machine operation at the show needs to be approved by the customs office.


Security

  Although KINTEX guards the show for 24 hours, the exhibitors are liable for any damage and loss to the   exhibits during the show. Exhibitors need to ensure customs inspection, cross-checking of the information,   state of the goods, quantity on arrival, return and transfer.

Insurance

  All exhibitors must be insured to cover for accidents related to the exhibition from the departure point to the   arrival point

Request for Cargo Return and Disposal

  For a prompt and precise return process, the exhibitors must fill out and submit a Disposal Instruction   Form.