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  • Procedure and Import duties of alarm clock into Vietnam
 

Procedure and Import duties of alarm clock into Vietnam

by hptoancau / Monday, 21 December 2020 / Published in Vietnam's Import - Export Procedure of Common Commodities

Mục lục

  • Import alarm clock into Vietnam
    • HS code of alarm clock
    • Ban on import, export 
    • Policy on importing alarm clock
    • Governmental management on alarm clock
    • Customs procedure of import alarm clock into Vietnam
    • Label for import alarm clock
    • Duties, Taxes on importing alarm clock
    • Shipping Cost and time for importing alarm clock

Import alarm clock into Vietnam

With practical experience in handling importing alarm clock, in this article, Logistics HP Global summarizes the contents related to importing alarm clock into Vietnam: Vietnam’s governmental management policy on importing alarm clock; Import procedures for alarm clock; Taxes on importing alarm clock;… …

HS code of alarm clock

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

Alarm clock’s HS code Chapter 91 – CLOCKS AND WATCHES AND PARTS THEREOF

HS Code Description
9105 Other clocks.
91051100 – – 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.

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, alarm clock 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

Policy on importing alarm clock

Governmental management on alarm clock

There isn’t no any special governmental management policy on importing alarm clock

Customs procedure of import alarm clock into Vietnam

With no special governmental management policy, customs procedure of importing alarm clock into Vietnam is the same as other common commodities.

Label for import alarm clock

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

Duties, Taxes on importing alarm clock

When importing alarm clock, the importer needs to pay import duty and value added tax (VAT).

VAT on alarm clock: 10%

Preferential import tax rate on alarm clock: 25%

In case alarm clock are 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.

Shipping Cost and time for importing alarm clock

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 importing alarm clock

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

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

–  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.

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