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Imported Goods Compensation and Exchange Procedures: Deposit Guarantee for Customs Clearance Process

  • Importers who have not yet processed compensation or exchange procedures can apply to pay a deposit for inspection and release
  • If imported goods are found to be damaged or do not meet the contract specifications, importers can apply for exemption from customs duties within a certain period after compensation or exchange is approved
  • Compensated or exchanged goods must be reported for import within 6 months of customs approval, with a possible extension of up to 6 months
  • Importers should submit an application and relevant documents to customs within the legal deadline if goods are damaged or do not meet contract specifications
  • Forms for compensation, exchange, or short-supply import can be downloaded from the Customs Administration website

Source: mof.gov.tw

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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