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  • Procedure and Export duties of Rubber Band from Vietnam
 

Procedure and Export duties of Rubber Band from Vietnam

by hptoancau / Monday, 20 July 2020 / Published in Other commodities

Mục lục

  • Export Rubber Band from Vietnam
  • HS code of Rubber Band
  • Ban on Import, export
  • Policy on exported Rubber Band
  • Governmental management on Rubber Band
  • Customs procedure of Export Rubber Band from Vietnam
  • Shipping mark for export Rubber Band
  • Certificate of origin Rubber Band
  • Customs Duties on exporting Rubber Band
  • Shipping cost and time for exporting Rubber Band

Export Rubber Band from Vietnam

With practical experience in handling exporting Rubber Band, in this article, Logistics HP Global summarizes the contents related to Exporting Rubber Band from Vietnam: Vietnam’s governmental management policy on exporting Rubber Band; export procedures for Rubber Band; Taxes on exporting Rubber Band;… …

HS code of Rubber Band

In order to properly determine policies, procedures of the  export, one of the first thing needed to determine is the HS code of the commodity

Rubber Band’s HS code: Chapter 40 – Rubber and articles thereof

HS Code Describe
4016 Other articles of vulcanised rubber other than hard rubber.
40169999 – – – – Other

The classification of a product to a certain HS code is based on the nature, composition, …. of the actual exported commodity at the export 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 exported good. Exporters 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, Rubber Band is not in the List of prohibited Exports from Vietnam, so the enterprise can do the export procedure pursuant to current stipulations.

For more information, read the article List of prohibited exports from Vietnam

Policy on exported Rubber Band

Governmental management on Rubber Band

There isn’t no any special governmental management policy on Exporting Rubber Band

Customs procedure of Export Rubber Band from Vietnam

With no special governmental management policy, customs procedure of exporting Rubber Band from Vietnam is the same as other common commodities.

Shipping mark for export Rubber Band

For exports, to ensure the smoothness of transportation and customs procedures, Enterprise should have sufficient shipping mark.

Certificate of origin Rubber Band

The Vietnamese government does not require exporter to make Vietnam origin for exports. However, in many cases, buyers will require the exporter to provide a Certificate of Origin in Vietnam. For customers in countries that have signed free trade agreements with Vietnam, they may require Certificates of Origin in the form so that buyers can enjoy special preferential import tax.

Check list of countries/territories that Vietnam signed Free Trade Agreements with Here

Customs Duties on exporting Rubber Band

VAT on exporting Rubber Band: pursuant to current stipulations, VAT on exported commodity is 0%

Export duty: Rubber Band is not in Vietnam’s nomenclature of taxable exports, therefore, the exporters do not have to pay export tax.

See List of taxable export commodity in Vietnam Here

Shipping cost and time for exporting Rubber Band

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 Export procedures, shipping methods and estimate for the full shipping cost, please contact us – Service Provider for exporting Rubber Band

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

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 o

–  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.

 

Tagged under: Procedure and Export duties of Rubber Band from Vietnam

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Website: hpgloballtd.com / hptoancau.com

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