Import Lubricating oil used for industrial machinery into Vietnam: Customs procedures; import duty and transportation

Do you want to export Lubricating oil used for industrial machinery to Vietnam? Do you need to calculate freight from the export warehouse to Vietnam? You want to know about Vietnam’s procedure and import duties for importing Lubricating oil used for industrial machinery to Vietnam?  Import procedures for Lubricating oil used for industrial machinery?

In this article, Logistics HP Global Vietnam, whose many years in providing freight and logistics services import Lubricating oil used for industrial machinery from many countries to Vietnam, will share knowledge and advice on the above issues.

HS code and import duty of Lubricating oil used for industrial machinery in Vietnam year 2024 

HS Code, Duties, Taxes on importing Lubricating oil used for industrial machinery to Vietnam

When importing Lubricating oil used for industrial machinery to Vietnam, the importer needs to pay

• Import value-added tax (VAT)
• Import duty

Lubricating oil used for industrial machinery under Chapter 27: Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

VAT and preferential import duty on Lubricating oil used for industrial machinery to Vietnam in 2023

HS Code	Descriptions	VAT (%)	Preferential Import duty (%)	Normal import tax (%)
2710	Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils.
27101946	– – – – Other lubricating oils	10%	5%	7,5%

Note: The HS code and taxes mentioned above are for reference only.

Import duty on Lubricating oil used for industrial machinery  into Vietnam from Major Markets in 2024

HS code

China

India

USA

ASEAN

Korea

Japan

UK

EU

Russia

Canada, Mexico

Australia

ACFTA

RCEP

AIFTA

NK ưu đãi

ATIGA

RCEP

AKFTA

VKFTA

RCEP

AJFTA

VJFTA

RCEP

UKVFTA

EVFTA

EAEUFTA

CPTPP

AANZFTA

RCEP

27101946

0 (-ID)

*

*

5

0

*

0(-KH, ID, MY )

0

*

0

0

*

2,7

2,7

7

10

*

*

The above list is import taxes on Lubricating oil used for industrial machinery from some major markets. Note: for countries with FTAs, goods can only enjoy Special preferential import taxes above if they meet the conditions as required by the agreement. If the conditions of the agreement are not met, they will enjoy Preferential import tax.

If you encounter any difficulties in determining the import tax, please contact us via hotline at ++ 84 886115726 / ++ 84 984870199 or whatsapp: ++84 865996476 for free consultation.

Governmental management on importing Lubricating oil used for industrial machinery to Vietnam

What certificates are required in importing Lubricating oil used for industrial machinery to Vietnam?

There isn’t no any special governmental management policy on importing Lubricating oil used for industrial machinery to Vietnam

Customs procedure to import Lubricating oil used for industrial machinery into Vietnam:

Customs dossier for importing Lubricating oil used for industrial machinery commodity normally are as below:

• Commercial Invoice
• Bill of lading
• Certificate of origin (Certificate of origin – in case the importer wants to enjoy special preferential import tax)
• Packing List (Goods packing slip)

Label for import Lubricating oil used for industrial machinery

Goods labels must show the following contents:

a) Name of goods;

b) Name and address of the organization or individual responsible for the goods;

c) Origin of goods;

d) Other contents according to the nature of each type of goods

*Note: For petroleum products, the label needs to add:

a) Quantitative;

b) Composition;

c) Information and warnings;

d) Instructions for use, instructions for preservation.

Freight Shipping For Lubricating oil used for industrial machinery To Vietnam

Shipping time by sea and by air

To check the specific international shipping times by port or airport, you can send a message or call the phone/Zalo number ++84 886115726 –  ++84 984870199, whatsapp: ++84 865996476; email: info@hpgloballtd.com

List of main markets where Vietnam has a significant Lubricating oil used for industrial machinery import volume

Country	Shipping time into Vietnam
China	Cargo shipping Vietnam – China
Thailand	Cargo shipping Vietnam – Thailand

 Shipping freight

Freight charges depend on many factors, both fixed and variable over time. Therefore, please provide specific or anticipated shipment details to HP Global Vietnam to receive a complete quote on all costs for the entire import process. – Contact: ++84 886115726 or ++84 984870199, whatsapp: ++84 865996476,  email: info@hpgloballtd.com

Procedures for Importing Certain Similar Products

Commodity	Related link
Lubricating Oils	Import Duty And Procedures For Lubricating Oils To Vietnam
Lubricating Preparations	Import Duty And Procedures For Lubricating Preparations To Vietnam

Select HP Global as the freight forwarder/customs broker for your shipments import Lubricating oil used for industrial machinery into Vietnam

HP Global is the freight forwarder with top reputation in Vietnam

 

For consultation and quotation for cargo import to and export from Vietnam, contact us as below details

Logistics HP Global Vietnam

Freight forwarder, Customs Broker and Vietnam Import/export license

Building No. 13, Lane 03, N003, Van Khe, La Khe, Ha Dong, Hanoi

Website: hpgloballtd.com / hptoancau.com

Email: info@hpgloballtd.com

Phone: ++84 24 73008608 / Hotline: ++84 984870199/ ++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

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