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December 8, 2019

Import Procedure of Electric forklifts to Vietnam

by Thanh Mai / Tuesday, 12 November 2019 / Published in Machinery and equipment

Import Electric forklifts to Vietnam

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

HS code of Electric forklifts 

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

Electric forklifts’s HS code of Chapter 84: nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

8427 Fork-lift trucks; other works trucks fitted with lifting or handling equipment.

 

84279000

 

– Other trucks

 

 

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

Import Procedure of Electric forklifts to Vietnam

Ban on import, export 

According to the current regulation, Electric forklifts 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 to Vietnam of Electric forklifts

Governmental management on Electric forklifts

Electric forklifts are under the specialized management of the Ministry of Transport. Accordingly, electric Electric forklifts must be certified as standard conformity before customs clearance.

Customs procedure of import Electric forklifts into Vietnam

when doing customs clearance, customs procedure of importing Electric forklifts into Vietnam is the same as other common commodities and must submit additional results of conformity certification.

Label for import Electric forklifts

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

Duties, Taxes on importing Electric forklifts

When importing Electric forklifts, the importer needs to pay import duty and value added tax (VAT).

VAT on Electric forklifts: 10%.

Preferential import tax rate on Electric forklifts is 0%.

Shipping Cost and time for importing Electric forklifts

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 estimate for the full shipping cost, please contact us – Service Provider for exporting Electric forklifts

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

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.

Tagged under: HS code of Electric forklifts, Import Electric forklifts to Vietnam, Import Procedure of Electric forklifts to Vietnam

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