Import Hydraulic fuel pump to Vietnam
With practical experience in handling importing Hydraulic fuel pump, in this article, Logistics HP Global summarizes the contents related to importing Hydraulic fuel pump into Vietnam: Vietnam’s governmental management policy on importing Hydraulic fuel pump; Import procedures for Hydraulic fuel pump; Taxes on importing Hydraulic fuel pump;… …
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HS code of Hydraulic fuel pump
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
Hydraulic fuel pump’s HS code of Chapter 84: nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
|8413||Pumps for liquids, whether or not fitted with a measuring device; liquid elevators.
|– – 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, Hydraulic fuel pump 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 Hydraulic fuel pump
Governmental management on Hydraulic fuel pump
There isn’t no any special governmental management policy on importing Hydraulic fuel pump
Customs procedure of import Hydraulic fuel pump into Vietnam
With no special governmental management policy, customs procedure of importing Hydraulic fuel pump into Vietnam is the same as other common commodities.
Label for import Hydraulic fuel pump
According to current stipulation, cargo imported into Vietnam need to have sufficient label
Duties, Taxes on importing Hydraulic fuel pump
When importing Hydraulic fuel pump, the importer needs to pay import duty and value added tax (VAT).
VAT on Hydraulic fuel pump: 10%.
Preferential import tax rate on Hydraulic fuel pump is 3%.
Shipping Cost and time for importing Hydraulic fuel pump
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 Hydraulic fuel pump
Hp Global Company Limited
Freight forwarder and Customs Brokerage
Room 2308, CT2 Van Khe, La Khe, Ha Dong, Hanoi
Phone: 024 73008608 / Hotline: ++84 8 8611 5726
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