Jeongeup-si Imposes and Notifies Environmental Improvement Charges of 391.69 Million KRW

[Jeongeup=Asia Economy Honam Reporting Headquarters Reporter Kim Jaegil] Jeongeup City in Jeonbuk announced on the 17th that it has imposed and notified an environmental improvement charge of 391.69 million KRW for the first half of 2022 on 9,161 diesel-powered vehicles in the region.

The environmental improvement charge is a system that requires polluters to bear part of the cost of treating pollutants.

It is imposed twice a year (March and September) on diesel vehicles to reduce environmental pollution and secure funds necessary for environmental improvement projects.

However, Euro 5 and Euro 6 vehicles, which have social costs of pollution similar to gasoline vehicles, are exempt, as are low-emission certified vehicles and others excluded from the charge.

The environmental improvement charge is a post-payment system imposed from July to December of the previous year, and if ownership changes or the vehicle is scrapped during the period, the charge is calculated on a pro-rata basis for the period of ownership.

The payment period is until the 31st of this month, and payments can be made by visiting a nearby financial institution or through cash deposit/withdrawal machines (CD/ATM), virtual accounts, Wetax, internet Giro, and other methods.

If payment is not made within the period, an additional 3% surcharge will be imposed, and continuous delinquency may result in disadvantages such as property seizure.

A city official said, “The environmental improvement charge is used as a fund to create a clean environment through natural environment conservation projects,” and added, “Please make the payment within the period as failure to pay may result in disadvantages such as property seizure.”

Jeongeup=Asia Economy Honam Reporting Headquarters Reporter Kim Jaegil gjg7070@asiae.co.kr

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