Import hot and cold water plants to Vietnam
With practical experience in handling importing hot and cold water plants, in this article, Logistics HP Global summarizes the contents related to importing hot and cold water plantsinto Vietnam: Vietnam’s governmental management policy on importing hot and cold water plants; Import procedures for hot and cold water plants; Taxes on importing hot and cold water plants;…
The scope of the article is hot and cold water plants that has the ability to heat and cool water.
HS code of hot and cold water plants
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
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
|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|
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, 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
Import procedure to Vietnam of hot and cold water plants
Governmental management on hot and cold water plants
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.
Management on declaration value
hot and cold water plantsis in the list of management on declaration value
Customs procedure of import hot and cold water plantsinto Vietnam
When doing customs clearance, customs procedure of importing hot and cold water plants into Vietnam is the same as other common commodities and must submit additional quarantine results
Label for import hot and cold water plants
According to current stipulation, cargo imported into Vietnam need to have sufficient label
Duties, Taxes on importing hot and cold water plants
When importing hot and cold water plants, the importer needs to pay import duty and value added tax (VAT).
VAT on hot and cold water plants: 10%.
Preferential import tax rate on hot and cold water plantsis 25%.
Shipping Cost and time for importing hot and cold water plants
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 hot and cold water plants
Hp Global Company Limited
Freight forwarder and Customs Brokerage
Room 2308, CT2 Van Khe, La Khe, Ha Dong, Hanoi
Phone: 024 73008608 / Hotline: ++84 8 8611 5726
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