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  • Procedure and Import duties of 90 degree Steel Elbow into Vietnam

Procedure and Import duties of 90 degree Steel Elbow into Vietnam

by doc@hptoancau.com / Monday, 31 May 2021 / Published in Steel and steel products
procedure and import of 90 degree Steel Elbow to Vietnam

Contents

  • Import 90 degree Steel Elbow Into Vietnam
    • HS code of 90 degree Steel Elbow in Vietnam
    • Ban on import, export 
    • Governmental management on importing 90 degree Steel Elbow to Vietnam 
      • What certificates are required in importing 90 degree Steel Elbow to Vietnam?
      • Customs procedure of import 90 degree Steel Elbow into Vietnam
      • Label for 90 degree Steel Elbow imported to Vietnam
    • Duties, Taxes on importing 90 degree Steel Elbow
    • Select HP Global as the freight forwarder/customs brokerage for your shipments import 90 degree Steel Elbow into Vietnam

 

Import 90 degree Steel Elbow Into Vietnam

You want to import 90 degree Steel Elbow into Vietnam? You are not living in Vietnam and want to export 90 degree Steel Elbow to Vietnam? You need to calculate freight from export warehouse to Vietnam? You are looking for a qualified trust freight forwarder to handle your shipment? You want to know about Vietnam’s procedure and import duties on importing 90 degree Steel Elbow to Vietnam?

In this article, Logistics HP Global Vietnam, whose many years in providing freight and logistics services import 90 degree Steel Elbow into Vietnam, will share knowledge and advise on above issues.

HS code of 90 degree Steel Elbow in Vietnam

In importing/exporting any commodity, In order to properly determine duties, policies, procedures of the commodity, one of the first thing needed to determine is the HS code of the commodity:

90 degree Steel Elbow ‘s HS code Chapter 73- ARTICLES OF IRON OR STEEL

HS Code Description
7307 Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel.
73079310 Having an internal diameter of less than 15 cm

 

The classification of a product to a certain HS code is based on the nature, composition, …. of the actual exported commodity at the import time, based on catalogue, technical documents (if any) or /and decided by the Customs Department of Commodity Verification. The actual inspection results of the Customs and announcement by the Customs Department of Commodity Verification are legal basis for applying HS code to imported goods. Importers are ultimately responsible for ensuring that the products are correctly classified.

Our above advised HS codes are for reference only.

>> For more information about this content, please refer to the article Definition of HS code in Vietnam

Ban on import, export 

According to the current regulation, 90 degree Steel Elbow is not in the List of prohibited imports into Vietnam, so the enterprise can do the import procedure pursuant to current stipulations.

For more information, read the article List of prohibited imports into Vietnam

Governmental management on importing 90 degree Steel Elbow to Vietnam 

What certificates are required in importing 90 degree Steel Elbow to Vietnam?

There isn’t no any special governmental management policy on importing 90 degree Steel Elbow

Customs procedure of import 90 degree Steel Elbow into Vietnam

What procedure of importing 90 degree Steel Elbow to Vietnam? What documents are needed when importing 90 degree Steel Elbow to Vietnam?

Customs dossier for importing 90 degree Steel Elbow normally are as below:

  • Commercial Invoice (Commercial Invoice)
  • Bill of lading (Bill of Lading)
  • Certificate of origin (Certificate of origin – in case the importer wants to enjoy special preferential import tax)
  • In some cases: Packing List (Goods packing slip)

Label for 90 degree Steel Elbow imported to Vietnam

According to current stipulation, cargo imported into Vietnam need to have sufficient label

Imported goods need to be fully labeled according to current regulations.

Goods labels must show the following contents:

a) Name of goods;

b) Name and address of the organization or individual responsible for the goods;

c) Origin of goods;

Duties, Taxes on importing 90 degree Steel Elbow

When importing 90 degree Steel Elbow, the importer needs to pay import duty and value added tax (VAT).

VAT on 90 degree Steel Elbow:  10%.

Preferential import tax rate on 90 degree Steel Elbow is 5%.

Currently, Vietnam have signed FTA with more than 50 countries in the world. In case 90 degree Steel Elbow is imported from countries with free trade agreements with Vietnam, they may enjoy special preferential import duties if they meet the conditions set by the agreement.

>> To check whether your country and Vietnam have MFN (Most favoured nation) and FTA (Free Trade Agreement), you can check at the article: Overview Of Trade Relations Between Vietnam And The World

Select HP Global as the freight forwarder/customs brokerage for your shipments import 90 degree Steel Elbow into Vietnam

Due to following reasons, we believe that Logistics HP Global Vietnam is the right choice for your shipments

Widely transportation networks can handle cargo from all over the world to Vietnam

Logistics HP Global Vietnam is a member of WCA – the world’s largest and most powerful network of independent freight forwarders with nearly 10,000 members with payment guarantee. Therefore, we can handle door to door delivery, port to port, port to door … from almost 200 countries in the world with competitive prices and many choices of services.

A strong team with experienced experts

Our expert team has worked in logistics for more than 10 years, we do not only have experience in freight forwarding, we are also experts in customs clearance. HP Global is Customs Agency approved by Vietnam Customs (Decision No. 3629/QĐ-TCHQ)

 

Non-stop endeavor for customers’ satisfy

We always keep the highest professional ethics with core value: Integrity- Dedication- Intelligence and we cooperate with customers as a friend, a staff and an adviser.

 

Philosophy of business: Commitment. In an increasingly fierce and diverse competitive environment, besides essentials ensure excellent service at affordable prices; We always keep our commitment and put our trust first. HP Global committed to accompanying customers to each shipment in any circumstance, whatever shipment has been made with Global HP, we will accompany that shipment until the shipment finishes with in any case

 

Contact us if you want a quotation or advices on import duties, procedure for your shipment import 90 degree Steel Elbow to Vietnam

Logistics HP Global Vietnam

Freight forwarder and Customs Brokerage

Room 2308, CT2 Van Khe, La Khe, Ha Dong, Hanoi

Website: hpgloballtd.com

Email: info@hpgloballtd.com

Phone: ++84 24 73008608 / Hotline: ++84 984870199/ ++84 8 8611 5726

Note:

– The article is for reference only, prior to using the content, it is suggested that you should contact HP Global for whether any update

–  HP Global keep it full right copy right of the article. No copy for commercial purpose is approved.

– Any copy without approval by HP Global (even note quote from website hpgloballtd.com/hptoancau.com) can cause to our claim to google and related agencies.

 

 

 

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