Retail
S.Korea's perfume duty free limit to rise by 100 ml in 2024
The gov’t expects companies to release new products based on the increase from the existing 60 ml, maintained since 1979
By Dec 27, 2023 (Gmt+09:00)
1
Min read
Most Read
Macquarie Korea Asset Management confirms two nominees
Hanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel
Deutsche Bank's Korea IB head quits after country head resigns
Meritz leaves door open for an M&A, to stay shareholder friendly
Korea's Taeyoung to sell local hotel to speed up debt workout
South Korean government will raise the duty-free limit of perfume from 60 ml to 100 ml in January 2024.
The Ministry of Economy and Finance announced on Wednesday that from midnight on Jan. 1 next year, the duty-free limit for perfume among personal items brought in by international travelers will be increased from the current 60 ml to 100 ml.
Considering the increasing demand for large-volume perfumes and the convenience of travelers, the customs regulations will be revised, the ministry added.
With the latest revision, consumers will have an expanded choice as they can purchase duty-free large-volume perfumes or set products at a lower price.
The current duty-free limit for perfume has been maintained at 60 ml since 1979.
Write to Sang-Yong Park at yourpencil@hankyung.com
More to Read
-
RetailLotte extends Brisbane Airport duty-free shop operations until 2034
Dec 17, 2023 (Gmt+09:00)
2 Min read -
InfrastructureS.Korea to develop Batam airport as Indonesia's air hub
Nov 23, 2023 (Gmt+09:00)
3 Min read -
RetailShilla Duty Free partners with Line Pay to attract Asian tourists
Nov 02, 2023 (Gmt+09:00)
1 Min read -
Travel & LeisureS.Korea sees rise in young, independent Chinese tourists
Oct 15, 2023 (Gmt+09:00)
4 Min read -
RetailLotte Duty Free opens store at Australia's Melbourne Airport
Jul 13, 2023 (Gmt+09:00)
1 Min read
Comment 0
LOG IN