Import Laminated wood floor into Vietnam

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

 

HS code of Laminated wood floor

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

Laminated wood floor’s HS code

 

44111200	Chapter 44: WOOD AND ARTICLES OF WOOD; WOOD CHARCOAL Fibreboard of wood or other ligneous materials, whether or not bonded with resins or other organic substances. – Medium density fibreboard (MDF): – – Of a thickness not exceeding 5 mm
44111300	Chapter 44: WOOD AND ARTICLES OF WOOD; WOOD CHARCOAL Fibreboard of wood or other ligneous materials, whether or not bonded with resins or other organic substances. – Medium density fibreboard (MDF): – – Of a thickness exceeding 5 mm but not exceeding 9 mm
44111400	Chapter 44: WOOD AND ARTICLES OF WOOD; WOOD CHARCOAL Fibreboard of wood or other ligneous materials, whether or not bonded with resins or other organic substances. – Medium density fibreboard (MDF): – – Of a thickness exceeding 9 mm

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, Laminated wood floor 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 Laminated wood floor

Governmental management on Laminated wood floor

There isn’t no any special governmental management policy on importing Laminated wood floor

Management on declaration value:

Laminated wood floor is in the list of management on declaration value

Customs procedure of import Laminated wood floor into Vietnam:

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

Label for import Laminated wood floor:

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

Cost and time for importing Laminated wood floor:

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

Taxes on importing Laminated wood floor:

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

VAT on Laminated wood floor:  10 %.

Preferential import tax rate on Laminated wood floor is 8 %.

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 ++848 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