Import Procedure of hot and cold water plants to Vietnam

Import hot and cold water plants to Vietnam:

Customs procedures; import duty and transportation 

You want to export Hot and cold water plants to Vietnam? You need to calculate freight from export warehouse to Vietnam? You want to know about Vietnam’s procedure and import duties on importing Hot and cold water plants to Vietnam?  Import procedures for Hot and cold water plants?

In this article, Logistics HP Global Vietnam, whose many years in providing freight and logistics services import Hot and cold water plants from many countries to Vietnam, will share knowledge and advise on above issues.

HS code and import duty of Hot and cold water plants in Vietnam

HS code of Hot and cold water plants in Vietnam

In importing/exporting any commodity, In order to properly determine duties, policies, procedures of the commodity, one of the first thing needed to determine is the HS code of the commodity

hot and cold water plants’s HS code in 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

VAT and preferential import duty on HOT AND COLD WATER PLANTS to Vietnam in 2023

HS Code	Descriptions	VAT	Preferential Import duty	Normal import tax
8516	Electric instantaneous or storage water heaters and immersion heaters; electric space heating apparatus and soil heating apparatus; electro- thermic hair-dressing apparatus (for example, hot and cold water plantss, hair curlers, curling tong heaters) and hand dryers; hot and cold water plants; other electro- thermic appliances of a kind used for domestic purposes; electric heating resistors, other than those of heading 85.45.
85161011	– – – Water dispenser fitted only with water heater, for domestic use	10%	20%	30%

 

The classification of a product to a certain HS code is based on the nature, composition, …. of the actual exported 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 goods. 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

Duties, Taxes on importing Hot and cold water plants to Vietnam

When importing Hot and cold water plants to Vietnam, the importer needs to pay import value added tax (VAT) and Import duty. The above table shows VAT and Preferential Import duty based on HS code

Currently, Vietnam have signed FTA with more than 50 countries in the world. In case Hot and cold water plants is 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.

Special Preferential Import duty of Hot and cold water plants to Vietnam year 2023 under some FTAs:

HS

ACFTA

ATIGA

AJCEP

VJEPA

AKFTA

AANZFTA

AIFTA

VKFTA

VCFTA

VN-EAEU

CPTPP

AHKFTA

VNCU

EVFTA

UKVFTA

VN-LAO

85161011

5 (-TH)

0

3

5

32

0

*

20 (GIC)

2

3,6

0

*

6,6

6,6

0

Import procedure to Vietnam of hot and cold water plants

Special Preferential Import duty of Hot and cold water plants to Vietnam year 2023 under some FTAs:

HS	ACFTA	ATIGA	AJCEP	VJEPA	AKFTA	AANZFTA	AIFTA	VKFTA	VCFTA	VN-EAEU	CPTPP	AHKFTA	VNCU	EVFTA	UKVFTA	VN-LAO
85161011	5 (-TH)	0	3	5	32	0	0	20 (GIC)	2	3,6	0	0	0	6,6	6,6	0

→ To check whether your country and Vietnam have MFN (Most favoured nation) and FTA (Free Trade Agreement), you can check at the article: Overview Of Trade Relations Between Vietnam And The World

Are Hot and cold water plants banned from importing to Vietnam

According to the current regulation, Hot and cold water plants 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

Governmental management on importing Hot and cold water plants to Vietnam 

What certificates are required in importing Hot and cold water plants to Vietnam

hot and cold water plantsis under the specialized management of the Ministry of Science and Technology. According to Decision 3482 / QD-BKHCN dated December 8, 2017, when importing hot and cold water plantswith above HS code, enterprises must check the quality of goods after customs clearance.

Customs procedure to import Hot and cold water plants into Vietnam

What procedure of importing Hot and cold water plants to Vietnam? What documents are needed when importing Hot and cold water plants to Vietnam?

Customs dossier for importing Hot and cold water plants commodity normally are as below:

• Commercial Invoice (Commercial Invoice)
• Bill of lading (Bill of Lading)
• Certificate of origin (Certificate of origin – in case the importer wants to enjoy special preferential import tax)
• In some cases: Packing List (Goods packing slip)

→ Contact us for inbound and outbound shipment to / from Vietnam – Email: info@hpgloballtd.com

Label for Hot and cold water plants mported to Vietnam

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

Imported goods need to be fully labeled according to current regulations.

Goods labels must show the following contents:

a) Name of goods;

b) Name and address of the organization or individual responsible for the goods;

c) Origin of goods;

Select HP Global as the freight forwarder/customs broker for your shipments import Hot and cold water plants into Vietnam

HP Global is the freight forwarder with top reputation in Vietnam

• Member of WCA (top network for independent forwarders in the world
• Registered with the US Federal Maritime Commission (FMC)
• Member of VLA (Vietnam Logistics Business Association)
• A customs broker who is certified by Vietnam Customs department

We provide following services:

• Sea freight from Vietnamese ports to other countries and vice versa.
• Air freight from Vietnam Airports to other countries and vice versa
• Customs clearance service in Vietnam: Ha Noi, Hai Phong, Da Nang, Ho Chi Minh …
• Inland transportation in Vietnam: road, waterway, railway
• Consultation on the following contents: HS code, import tax, payment, product import policy, effective shipping solutions,…
• Other services: quality inspection, machinery inspection, cosmetic announcement, food supplement announcement, import, export license in Vietnam ….

→ Contact us for freight and inbound and outbound services for shipments to / from Vietnam – Email: info@hpgloballtd.com

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

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