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  • Import Procedure of Power socket commodity
 

Import Procedure of Power socket commodity

by Chinh / Thursday, 09 April 2020 / Published in Machinery and equipment

Mục lục

  • Import Power socket commodity to Vietnam
  • HS code of Power socket
  • Ban on import, export
  • Policy on importing Power socket
  • Governmental management on Power socket
  • Customs procedure of import Power socket into Vietnam
  • Label for import Power socket
  • Duties, Taxes on importing Power socket commodity to Vietnam
  • Shipping Cost and time for importing Power socket commodity

Import Power socket commodity to Vietnam

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

HS code of Power socket

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.

Power socket’s HS code Chapter 85 – ELECTRICAL MACHINERY AND EQUIPMENT AND PARTS THEREOF; SOUND RECORDERS AND REPRODUCERS, TELEVISION IMAGE AND SOUND RECORDERS AND REPRODUCERS, AND PARTS AND ACCESSORIES OF SUCH ARTICLES

Import Procedure of Power socket commodity from China to Vietnam

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, Power socket commodity to Vietnam is not in the List of prohibited imports into Vietnam, so the enterprise can do the import procedure pursuant to current stipulations.

Policy on importing Power socket

Governmental management on Power socket

The electrical outlet is under the specialized management of Transport Ministry, based on the Circular No. 41/2018 / TT-BGTVT.

The list of commodity products in Appendix II issued with this Circular applies the following principles:

Imported products and goods must be certified or announced in accordance with the respective national standards and technical regulations. The time of inspection and certification is done after customs clearance and before being marketed;

Customs procedure of import Power socket into Vietnam

When doing customs clearance, customs procedure of importing Power socket commodity to Vietnam  is the same as other common commodities.

Label for import Power socket

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

Duties, Taxes on importing Power socket commodity to Vietnam

When importing Power socket commodity from China to Vietnam, the importer needs to pay import duty and value added tax (VAT).

VAT on Power socket commodity from China to Vietnam:  10%

Preferential import tax rate on Power socket: 25%

In case Power socket 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:

Preferential import tax rate of Power socket products from China is 0%

Shipping Cost and time for importing Power socket commodity

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 Power socket

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: ++ 84 24 73008608 / Hotline: ++84 98 487 0199

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.

 

 

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HP GLOBAL CO.,LTD
Address: Room 2308, Building CT2, Van Khe, La Khe, Ha Noi, Viet Nam
Hotline: (+84) 98 487 0199
E-mail: info@hpgloballtd.com
Website: hpgloballtd.com / hptoancau.com

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