Defendants shall be punished by a fine of KRW 50 million.

Defendant

A fails to pay the above fine, 50,000.

Punishment of the crime

1. Defendant A

A. Violation of the Foreign Trade Act (domestic processing exports) is the representative director of B, a company exporting and importing valves No. 920 of Busan Dong-gu Etel.

No one may export or sell goods, etc. produced in a foreign country under the pretending that the country of origin is Korea by forging or altering a certificate of origin, obtaining a certificate of origin with any false content, or falsely indicating the country of origin of goods, etc.

Nevertheless, around October 12, 2011, the Defendant exported a country of origin certificate of KRW 684,665,271 at China’s 85,756.5km market price of KRW 684,65,271, and around that time, the Defendant issued a country of origin certificate to the buyer with the false content that the country of origin of the exported goods is the Republic of Korea. From that time to March 13, 2012, the Defendant exported a country of origin certificate of KRW 4,5,7,7,8,9,9, total of six times as indicated in the [Attachment] No. 4,5,7,8,9,9, and 10 of the [Attachment] List of Offenses of the Foreign Trade Act and the Customs Act (False Report] by March 13, 2012.

B. On October 12, 2011, the Defendant reported to the head of the Busan Customs Office an export declaration of an amount equivalent to KRW 684,665,271 won in China from China, and filed a false declaration of origin with the Republic of Korea. From that time, until March 13, 2012, the Defendant filed a false declaration of origin with the head of the Busan Customs Office, while filing an export declaration of an amount equivalent to KRW 684,65,271 in China from March 13, 201, as stated in [Attachment 4,5,7,8,9,9, and10] No. 4,5,7,7,8,9, and10 in [Attachment 769] list of crimes in violation of the Foreign Trade Act and the Customs Act (False Declaration)” until March 13, 2012.

2. The defendant.