Import Chain into Vietnam

With practical experience in handling importing Chain, in this article, Logistics HP Global summarizes the contents related to importing Chain into Vietnam: Vietnam’s governmental management policy on importing Chain; Import procedures for Chain; Taxes on importing Chain;… …

HS code of Chain

In order to properly determine policies, procedures of the  import, one of the first thing needed to determine is the HS code of the commodity

Chain’s HS code of Chapter 73:  Articles of iron or steel

7315	Chain and parts thereof, of iron or steel.
73158990	– – – Other
73159090	– – Other

The classification of a product to a certain HS code is based on the nature, composition, …. of the actual imported 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 good. 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, Chain 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

Import procedure into Vietnam of Chain

Governmental management on Chain

Chain are under the specialized management of the Ministry of Transport.

Accordingly, when importing Chain, it is required to certify or announce the standard conformity after customs clearance and before being marketed.

Customs procedure of import Chain into Vietnam

When doing customs clearance, customs procedure of importing Chain into Vietnam is the same as other common commodities and must submit additional Registration documents for certification or publication.

Label for import Chain

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

Cost and time for importing Chain

Cost for importing cargo related to transportation and customs clearance are mainly contributed by two main factors: Tax and shipping costs

Taxes on importing Chain

When importing Chain, the importer needs to pay import duties and value added tax (VAT).

VAT on Chain is 10%.

Preferential import tax rate on Chain is 3%.

Shipping cost and import time

Shipping costs and transportation time are closely related. Depending on the nature of the commodity and requirement of the shipment, international transportation mode can be by sea, air, road, rail and express delivery. The enterprise should consider to make the most appropriate decision.

For more detailed advice on import procedures, shipping methods and full estimates for the entire shipment, please contact our customer service department by email info@ hpgloballtd.com or hotline  ++84 8 8611 5726.

Hp Global Company Limited

Freight forwarder and Customs Brokerage

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

Website: hpgloballtd.com/hptoancau.com

Email: info@hpgloballtd.com

Phone: 024 73008608 / Hotline: ++84 8 8611 5726

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