Import Iron coil core to Vietnam
With practical experience in handling importing Iron coil core, in this article, Logistics HP Global summarizes the contents related to importing Iron coil core into Vietnam: Vietnam’s governmental management policy on importing Iron coil core; Import procedures for Iron coil core; Taxes on importing Iron coil core;… …
HS code of Iron coil core
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
Iron coil core’s HS code Chapter 72 – Articles of iron or steel
|Other articles of iron or steel.
|– – – 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, Iron coil core 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
Policy on imported Iron coil core
Governmental management on Iron coil core
Imports must be certified or declared conformable with corresponding national technical regulations and standards. The inspection and certification shall be carried out after customs clearance and before marketing
Customs procedure of import Iron coil core into Vietnam
When doing customs clearance, customs procedure of importing Iron coil core into Vietnam is the same as other common commodities
Label for import Iron coil core
According to current stipulation, cargo imported into Vietnam need to have sufficient label
Duties, Taxes on importing Iron coil core
When importing Iron coil core, the importer needs to pay import duty and value added tax (VAT).
VAT on Iron coil core: 10%.
Preferential import tax rate on Iron coil core is 10%.
Shipping Cost and time for importing Iron coil core
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 Iron coil core
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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