Import Hot stamping machine(used) into Vietnam Customs procedures; import duty and transportation

You want to export Hot stamping machine(used) to Vietnam? You need to calculate freight from export warehouse to Vietnam? You want to know about Vietnam’s procedure and import duties on importing Hot stamping machine(used) to Vietnam?  Import procedures for Hot stamping machine(used)?

In this article, Logistics HP Global Vietnam, whose many years in providing freight and logistics services import Hot stamping machine(used) from many countries to Vietnam, will share knowledge and advise on above issues.

HS code and import duty of Hot stamping machine(used) in Vietnam 

HS code of Hot stamping machine(used) 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

Hot stamping machine(used) under chapter 84: Nuclear reactors, boilers, machinery and mechanical equipment; parts of them

VAT and preferential import duty on Hot stamping machine(used) to Vietnam in 2023

HS Code	Descriptions	VAT	Preferential Import duty	Normal import tax
8439	Machinery for making pulp of fibrous cellulosic material or for making or finishing paper or paperboard.
84393000	– Machinery for finishing paper or paperboard	10%	0%	5%

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

Duties, Taxes on importing Hot stamping machine (used) to Vietnam:

When importing Hot stamping machine(used) to Vietnam, the importer needs to pay import value added tax (VAT) and Import duty. The above table shows VAT and Preferential Import duty based on HS code

Currently, Vietnam have signed FTA with more than 50 countries in the world. In case Hot stamping machine(used) 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.

Special Preferential Import duty of Hot stamping machine(used) to Vietnam year 2023 under some FTAs:

HS	ACFTA	ATIGA	AJCEP	VJEPA	AKFTA	AANZFTA	AIFTA	VKFTA	VCFTA	VN-EAEU	CPTPP	AHKFTA	VNCU	EVFTA	UKVFTA	VN-LAO
84393000	0	0	0	0	0	0	0	0	0	0	0	0		0	0	0

→ 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

Are Hot stamping machine(used) banned from importing to Vietnam?

According to the current regulation, Hot stamping machine(used) 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 Hot stamping machine(used) to Vietnam

What certificates are required in importing Hot stamping machine(used) to Vietnam?

When importing used hot stamping machine, the old machinery must be inspected according to the provisions of Decision 18/2019/QD-TTg.

Customs procedure of import hot stamping machine(used) into Vietnam

What procedure of importing hot stamping machine(used) to Vietnam? What documents are needed when importing hot stamping machine(used) to Vietnam?

Customs dossier for importing hot stamping machine(used) 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)
• In addition to the import dossier as prescribed by the Customs Law, the enterprise must supplement the following documents:
  a) A copy of the enterprise registration certificate with the enterprise’s stamp. In case of import under entrustment, an import entrustment document is required;b) The original certificate of the manufacturer of the machinery and equipment about the year of manufacture and the standards of the machinery and equipment meeting the criteria specified in Article 6 of this Decision in case the machinery and equipment meet the criteria specified in Article 6 of this Decision. manufactured in the country of G7 countries, Korea. The certification must be consular legalized and accompanied by a translation into Vietnamese;c) An inspection certificate issued by a designated inspection body that meets the specified requirements.

Label for hot stamping machine(used) imported to Vietnam

*Note: The label/stamp of old machinery must keep the original stamp of the manufacturer, not be modified, chiseled and renewed.

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;

d) Other contents according to the nature of each type of goods

Select HP Global as the freight forwarder/customs broker for your shipments import Hot stamping machine(used) into Vietnam

HP Global is the freight forwarder with top reputation in Vietnam

• Member of WCA (top network for independent forwarders in the world
• Registered with the US Federal Maritime Commission (FMC)
• Member of VLA (Vietnam Logistics Business Association)
• A customs broker who is certified by Vietnam Customs department

We provide following services:

• Sea freight from Vietnamese ports to other countries and vice versa.
• Air freight from Vietnam Airports to other countries and vice versa
• Customs clearance service in Vietnam: Ha Noi, Hai Phong, Da Nang, Ho Chi Minh …
• Inland transportation in Vietnam: road, waterway, railway
• Consultation on the following contents: HS code, import tax, payment, product import policy, effective shipping solutions,…
• Other services: quality inspection, machinery inspection, cosmetic announcement, food supplement announcement, import, export license in Vietnam ….
• For Hot stamping machine(used), we provide full services including international freight, customs clearance

→ Contact us for freight and inbound and outbound services for shipments to / from Vietnam – Email: info@hpgloballtd.com

You may concern:

• Overview Of Trade Relations Between Vietnam And The World
• Overview of Vietnam Seaports
• Import Cosmetics to Vietnam: Procedure and Duty

For consultation and quotation for cargo import to and export from Vietnam, contact us as below details

Logistics HP Global Vietnam

Freight forwarder, Customs Broker and Vietnam Import/export license

Building No. 13, Lane 03, N003, Van Khe, La Khe, Ha Dong, Hanoi

Website: hpgloballtd.com / hptoancau.com

Email: info@hpgloballtd.com

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

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