Partial amendment to RESTRICTION OF SPECIAL TAXATION ACT

Article 26 (1) 1 of the Value Added Tax Act exempts value-added tax on the supply of raw rice but im...

Article

,

26

,

(1)

,

of

,

the

,

Value

,

Added

,

Tax

,

Act

,

exempts

,

value-added

,

tax

,

on

,

the

,

supply

,

of

,

raw

,

rice

,

but

,

imposes

,

VAT

,

on

,

rice

,

processing

,

food

,

supplyHowever

,

Korea

,

is

,

facing

,

serious

,

rice

,

supply

,

and

,

demand

,

imbalance

,

such

,

as

,

continuous

,

decrease

,

in

,

rice

,

consumption

,

To