• Preferential Tariff Rate: tariff rates applied pursuant to the Free Trade Agreement entered into force
    • With the FTA entered into force, goods are categorized into goods for immediate tariff reduction, goods for staged reduction,
      or non-scheduled products with fixed duty rates.
  • General Rate: the most fundamental tariff rates established in accordance with the domestic laws
  • Base Rate: rates that represent the level of customs duty rates and are used in negotiations for tariff reduction
  • MFN (Most Favored Nation) Rate: MFN-applied duty rates that are granted to non-contracting parties