South Korea
Name of Program | Deposit Refund System |
---|---|
Date Implemented | 1985, current version implemented in 2003 ?ACT ON THE PROMOTION OF SAVING AND RECYCLING OF RESOURCES? |
Containers Covered | Repeatedly reusable glass bottle |
Beverages Covered | Soju, Beer, soft drink and etc. Based on “ENFORCEMENT DECREE OF THE ACT ON THE PROMOTION OF SAVING AND RECYCLING OF RESOURCES” Article17(Containers Subject to Imposition of Deposit for Empty Containers)] 1 1. Liquor falling under each of the following items: (a - Fermented liquor under subparagraph 2 of Article 4 of the Liquor Tax Act; (b - Distilled liquor under subparagraph 3 of Article 4 of the Liquor Tax Act; 2. 2. Soft drinks. |
Deposits & Handling Fees |
Click here for Deposit Handling Fee Table |
Fees / Taxes | Government regulates only Deposits & Handling fees |
Unclaimed deposits | The producers are paid on unredeemed deposit KOVRA(Korea Vessel Recirculation Association), and it uses that financial resource for specified business in accordance with applicable laws. 1. Public relations for the improvement of the rate of recovery of empty bottles; |
Program Success | On average, these bottles are being sold annually about 5.5billion, and more than 95% of them recovered and more than 85% will be reused. |
Updated
February 27, 2013
