Import Wheels into Vietnam

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

The article scope of the Wheels not fitted with tyres

HS code of Wheels

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

Wheels ‘s HS code chapter 87: vehicles other than railway or tramway rolling- stock, and parts and accessories thereof

8708	Parts and accessories of the motor vehicles of headings 87.01 to 87.05.
87087096	– – – For vehicles of heading 87.02 or 87.04

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, Wheels  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

Import procedure into Vietnam of Wheels

Governmental management on Wheels

 Wheels under the management of the Ministry of Transport. And the goods are in the list of goods likely to cause unsafety  (41/2018/TT-BGTVT)

Regarding the list of commodities in the Appendix II enclosed with this Circular, the following rules shall be applied: 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

Management on declaration value

Wheels is in the list of management on declaration value

Customs procedure of import Wheels  into Vietnam

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

Label for import Wheels

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

Cost and time for importing Wheels

Cost for importing cargo related to transportation and customs clearance are mainly contributed by two main factors: Tax and shipping costs

Taxes on importing Wheels

When importing Wheels , the importer needs to pay import duties and value added tax (VAT).

VAT on Wheels :  10%.

Preferential import tax rate on Wheels is 20%.

Shipping cost and import time

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 full estimates for the entire shipment, please contact our customer service department by email info@ hpgloballtd.com or hotline  ++84 8 8611 5726.

Hp Global Company Limited

Freight forwarder and Customs Brokerage

Room 2308, CT2 Van Khe, La Khe, Ha Dong, Hanoi

Website: hptoancau.com

Email: info@hptoancau.com

Phone: 024 73008608 / Hotline: 08 8611 5726

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