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
|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
Phone: 024 73008608 / Hotline: 08 8611 5726
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