Import Winch to Vietnam
With practical experience in handling importing Winch, in this article, Logistics HP Global summarizes the contents related to importing Winchinto Vietnam: Vietnam’s governmental management policy on importing Winch; Import procedures for Winch; Taxes on importing Winch;…
HS code of Winch
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
Winch’s HS code in Chapter 84: NUCLEAR REACTORS, BOILERS, MACHINERY AND MECHANICAL APPLIANCES; PARTS THEREOF
|8425||Pulley tackle and hoists other than skip hoists; winches and capstans; jacks.|
|– Pulley tackle and hoists other than skip hoists or hoists of a kind used for raising vehicles:|
|84251100||– – Powered by electric motor|
|84251900||– – Other|
|– Winches; capstans:|
|84253100||– – Powered by electric motor|
|84253900||– – Other|
|84254290||– – – Other|
|842549||– – Other:|
|84254910||– – – Electrically operated|
|84254920||– – – Not electrically operated|
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, Winch 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 Winch
Governmental management on Winch
Winch is under the specialized management of the Ministry of Labor – Invalids and Social Affairs. According to to Circular No. 22/2018 / TT-BLDTBXH dated 06/12/2018, when importing winch enterprises need state inspection of quality before customs clearance. Enterprises should pay attention to winch is also under the management of the Ministry of Transport (Circular 41/2018 / TT-BGTVT dated July 30, 2018).
Management on declaration value
Winchis in the list of management on declaration value
Customs procedure of import Winchinto Vietnam
When doing customs clearance, customs procedure of importing Winch into Vietnam is the same as other common commodities and must submit additional quarantine results.
Label for import Winch
According to current stipulation, cargo imported into Vietnam need to have sufficient label
Duties, Taxes on importing Winch
When importing Winch, the importer needs to pay import duty and value added tax (VAT).
VAT on Winch: 10%.
Preferential import tax rate on Winch is 5%.
Shipping Cost and time for importing Winch
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 Winch
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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