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  • Import Procedure of Industrial tanks into Vietnam
 

Import Procedure of Industrial tanks into Vietnam

by Thanh Mai / Tuesday, 15 October 2019 / Published in Other commodities

Mục lục

  • Import Industrial tanks into Vietnam
    • HS code of Industrial tanks
    • Ban on import, export 
    • Import procedure into Vietnam of Industrial tanks
      • Governmental management on Industrial tanks
      • Customs procedure of import Industrial tanks into Vietnam
      • Label for import Industrial tanks
    • Cost and time for importing Industrial tanks
      • Taxes on importing Industrial tanks
      • Shipping cost and import time

Import Industrial tanks into Vietnam

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

HS code of Industrial tanks

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

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

7309 Reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of iron or steel, of a capacity exceeding 300 l, whether or not lined or heat- insulated, but not fitted with mechanical or thermal equipment.

 

73090099 – – Loại khác

 

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 Industrial tanks into Vietnam

 

Ban on import, export 

According to the current regulation, Industrial tanks 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 Industrial tanks

Governmental management on Industrial tanks

Industrial tanks on the list of imported goods, the risk of quality, technical standards of the Ministry of Finance.

Customs procedure of import Industrial tanks into Vietnam

With no special governmental management policy, customs procedure of importing Industrial tanks into Vietnam is the same as other common commodities.

Label for import Industrial tanks

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

Cost and time for importing Industrial tanks

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

Taxes on importing Industrial tanks

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

VAT on Industrial tanks:  10%.

Preferential import tax rate on Industrial tanks is 5%.

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

Note:

– The article is for reference only, prior to using the content, it is suggested that you should contact HP Global for any update or not

–  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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