Import Procedure of Pump boom to Vietnam

Import Pump boom to Vietnam

With many years of experience in handling importing Pump boom, in this article, Logistics HP Global summarizes the contents related to importing Pump boom into Vietnam: Vietnam’s governmental management policy on importing Pump boom; Import procedures for Pump boom; Taxes on importing Pump boom;… …

Imported items: Boom pump, fuel pump operated by hydraulic mechanism, used for industrial rock drilling machine

HS code of Pump boom 

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

Pump boom’s HS code:  Chapter 84 – Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

HS Code	Description
8413	Pumps for liquids, whether or not fitted with a measuring device; liquid elevators.
84133090	– – 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, Pump boom 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 Pump boom

Governmental management on Pump boom 

There isn’t no any special governmental management policy on importing Pump boom

Customs procedure of import Pump boom into Vietnam

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

Label for import Pump boom

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

Duties, Taxes on importing Pump boom

When importing Pump boom, the importer needs to pay import duty and value added tax (VAT).

VAT on Pump boom:  10%.

Preferential import tax rate on Pump boom is 3%.

Shipping Cost and time for importing Pump boom

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 Pump boom

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:

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