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  • Import Procedure of Red ginseng water to Vietnam
 

Import Procedure of Red ginseng water to Vietnam

by Chinh / Friday, 31 January 2020 / Published in Food, Recruitment

Mục lục

  • Import Red ginseng water to Vietnam
  • HS code of Red ginseng water
  • Ban on import, export
  • Policy on imported Red ginseng water 
  • Governmental management on Red ginseng water
  • Customs procedure of import Red ginseng water into Vietnam
  • Label for import Red ginseng water
  • Duties, Taxes on importing Red ginseng water
  • Shipping Cost and time for importing Red ginseng water

Import Red ginseng water to Vietnam

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

HS code of Red ginseng water


Import Procedure of red ginseng water to Vietnam

Red ginseng water’s HS code Chapter 21 – Miscellaneous preparationsIn order to properly determine policies, procedures of the  import, one of the first thing needed to determine is the HS code of the commodity

 

HS Code Description
2106

 

Food preparations not elsewhere specified or included.
21069071 – Food supplements based on ginseng

 

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, Red ginseng water 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 Red ginseng water 

Governmental management on Red ginseng water

Red ginseng water is under the specialized management of the Ministry of Health.

When importing red ginseng water, the product must be published and checked for quality

Customs procedure of import Red ginseng water into Vietnam

Due to the above-mentioned commodity policy, when carrying out customs procedures for importing functional foods, in addition to the usual records, enterprises need to submit a declaration and a certificate of quality inspection (or documents proving to be under exempted from quality inspection)

For current legal documents on customs procedures, see the article: Current legal documents on customs procedures for import and export goods

Label for import Red ginseng water

Imported goods must have adequate labels according to current regulations with the following minimum contents: goods names; Name and address of the manufacturer; Origin of goods; Model, commodity code (if any).

Duties, Taxes on importing Red ginseng water

When importing Red ginseng water, the importer needs to pay import duty and value added tax (VAT).

VAT on Red ginseng water:  10%.

Preferential import tax rate on Red ginseng water is 15%.

In the case of red ginseng imported from countries with free trade agreements with Vietnam may be entitled to special preferential import duties.

(For more information on import tax rates, see the current Regulations on import tax rates and a list of countries with special preferential import tax rates for Vietnam, see the List of Vietnam Countries that have signed Free trade agreement).

Shipping Cost and time for importing Red ginseng water

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 Red ginseng water

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 whether any update

–  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.

 

 

Tagged under: Import Procedure of Red ginseng water to Vietnam

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Hotline: (+84) 98 487 0199
E-mail: info@hpgloballtd.com
Website: hpgloballtd.com / hptoancau.com

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