Import lifts to Vietnam
With many years of experience in handling importing lifts, in this article, Logistics HP Global summarizes the contents related to importing lifts into Vietnam: Vietnam’s governmental management policy on importing lifts; Import procedures for lifts; Taxes on importing lifts;… …
HS code of lifts
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
lifts’s HS code Chapter 84 – Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
|84281031||Other lifting, handling, loading or unloading machinery (for example, lifts, escalators, conveyors, teleferics).|
|84281031||– – – For passengers|
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.
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, lifts 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 importing lifts
Governmental management on lifts
The elevator has the code Hs under the management of Ministry of Labor, War Invalids and Social Affairs. Therefore, when importing the machine bar to Vietnam, it is required to carry out quality inspection before customs clearance (as prescribed in Circular 22/2018 / TT-BLĐTBXH).
Customs procedure of import lifts into Vietnam
Customs documents lift documents need?
- Commercial Invoice (Commercial Invoice)
- Packing List (Packing list)
- Bill of lading (Sea waybill)
- Certificate of original (Certificate of Origin: C / O form E, C / O form AK, C / O form D, …)
- Other documents (if any)
- Paper quality control results
Label for import lifts
According to current stipulation, cargo imported into Vietnam need to have sufficient label
Duties, Taxes on importing lifts
When importing lifts, the importer needs to pay import duty and value added tax (VAT).
VAT on lifts: 10%
Preferential import tax rate on lifts: 10%
In case lifts are imported from countries with free trade agreements with Vietnam, they may enjoy special preferential import duties if they meet the conditions set by the agreement. Then you will enjoy:
Shipping Cost and time for importing lifts
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 importing lifts
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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