Procedures for importing hinges

1. Hinges import policy

The process of carrying out import procedures and policies on import of hinges is stipulated in the following legal documents:

• Circular 38/2015/TT-BTC dated 25/3/2015; amended and supplemented 39/2018/TT-BTC dated 20/04/2018;
• Decree 69/2018/ND-CP dated 15/05/2018;
• Decree No. 15/2018/ND-CP dated 02/02/2018;
• Decree No. 43/2017/ND-CP dated 14/4/2017;
• Official Letter No. 2655/TXNK-PL dated 18/07/2017;
• Decree 128/2020/ND-CP dated 19/10/2020;

According to the above legal documents, hinges are not on the list of goods banned from import. When importing this item, it is necessary to pay attention to the following points:

• Used hinges are subject to import ban;
• When importing hinges, goods must be labeled according to 43/2017/ND-CP;
• Determine the correct HS code to determine the correct tax and avoid being fined;

Above is the entire document regulating the process of importing hinges, if you do not fully understand the above documents. Please contact our hotline or hotmail for advice.

2. Hinges hs code

The hs code is a series of codes that are common to all goods around the world. Between different countries in the world, there is only a difference in the number of tails. Therefore, the first 6 digits of the worldwide hs code for an item are the same. Here, Just In Time would like to introduce to you the hinge hs code according to the table below:

HS Code	Description
83021000	HS Code Hinge

According to the import and export tariff, the hinge HS code is 83021000. The preferential import tax on hinges is 20%. The VAT of these two items is 10%.

Hinge is an item with an identification hs code in the import and export tariff. The preferential import and export tax of the hinge is very high. Therefore, when importing, the importer must ask the seller to provide a certificate of origin. When goods are imported in the following regions: Europe, India, Australia, Chile, China, South Korea, Japan, Asean countries.

Determining the correct HS code is very important when carrying out hinge import procedures. Identifying the wrong hs code will bring certain risks to you such as:

• Shall be fined for incorrectly declaring hs codes according to Decree 128/2020/ND-CP;
• In case of incurring import tax, they will face a fine of at least 2,000,000 VND and a maximum fine of 3 times the tax amount;

To know more about the special tax incentives for the type of hinge you import. Please contact our hotline or hotmail for advice.

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3. Import tax on hinges

Import tax is an obligation that the importer must fulfill when carrying out the procedures for importing hinges. Tax obligations are mandatory and goods are only cleared when the tax obligation has been fulfilled. There are two types of import taxes, namely VAT and import tax. Import duties depend on the hs code of the selected goods. The tax calculation method when carrying out procedures for importing hinges is as follows:

Import tax determined according to the import tax hs code is calculated according to the formula:
Import tax = CIF value x % tax rate

Import VAT is determined according to the formula:
Value Added Tax = (CIF Value + Import Tax) x % VAT rate.

According to the above formula, it can be seen that the hinge import tax depends on the tax rate applied. The tax rate of the hinge depends on whether the order has a certificate of origin or not. If there is a certificate of origin (c/o), a special preferential tax rate may be applied.

For hinges imported from countries such as: Europe, India, Australia, Chile, China, South Korea, Japan, Asean countries. The importer should ask the seller to provide him with a certificate of origin (C/O) to enjoy the lowest import duty.

4. Labeling of imported goods

Labeling imported goods is not a new regulation. However, since Decree 128/2020/ND-CP was issued, the labeling of imported goods has been monitored more closely. Labeling goods aims to help authorities manage goods, identify the origin and unit responsible for goods. Therefore, labeling goods is one of the indispensable stages when carrying out procedures for importing hinges from different countries.

4.1 Label content

In addition to having to put a label, the label content is also very important. The content of labels of goods items is specified in Decree No. 43/2017/ND-CP. For hinge items, the contents of a full label include the following information:

• Information of the exporter's family (address, company name);
• Information of the importer (address, company name);
• Name of goods and information of goods;
• Origin of goods;

Those are the basic label contents that need to be affixed to the goods. The information presented must be in English or other languages that must be translated. When carrying out procedures for importing hinges, if you encounter a red channel, customs inspection will pay great attention to the content of the label above.

4.2 Labeling Placement on Goods

Labeling the goods is necessary, but it is more important to put them in the right place. When importing, goods labels need to be pasted on the surfaces of the package such as: On cartons, on wooden bales, on product packaging. Or any place as long as it is convenient to check and easy to see. Labeling in the right position will help save inspection time when carrying out procedures for importing hinges of all kinds.

For retail goods on the market, it is necessary to show more information. Such as manufacturer, quantity of goods, specifications, date of manufacture, safety warnings.

4.3 Risks encountered when not labeling

Labeling goods is caught in accordance with the law. If the goods are not labeled when imported or the content of the goods label is wrong. The importer faces the following risks:

• Being fined according to regulations, the fine level is specified in Article 22 of Decree 128/2020/ND-CP;
• Not entitled to special preferential import tax because the certificate of origin will be rejected;
• Goods are easily lost or damaged due to the absence of warning labels for loading, unloading and transportation;

With the above risks, we recommend that you apply a label to the goods when checking in for the import of hinges. If you don't fully understand the regulations on labels. Please contact the hotline or hotmail for advice.

5. Hinges import dossier set

The set of dossiers for carrying out hinged import procedures in particular and carrying out import procedures for other items in general. Stipulated in Circular 38/2015/TT-BTC dated 25/3/2015; amended and supplemented 39/2018/TT-BTC dated 20/04/2018.

• Customs declaration;
• Sale contract;
• Commercial invoice;
• Packing list;
• Bill of lading;
• Certificate of origin (if any);
• Catalog (if any), and other documents if required by customs;

Above are all documents used for hinge customs clearance procedures. The most important are customs declarations, commercial invoices, bills of lading, certificates of origin. Other documents will be supplemented if requested by the customs office.

Preparing documents before carrying out the procedures for importing hinges is extremely important. For original documents such as bills of lading, certificates of origin, the importer must ask the seller to deliver the courier in advance. Avoid waiting for documents, which can lead to container storage and cargo storage.

If you do not fully understand the documents listed above, you can contact our hotline or hotmail for advice.

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6. Procedures for carrying out procedures for importing hinges

The process of carrying out procedures for importing hinges as well as many other items. It is very specifically stipulated in Circular 38/2015/TT-BTC dated 25/3/2015 amending and supplementing 39/2018/TT-BTC dated 20/04/2018. We summarize the steps in a short description so that you can visualize the big picture. The following are the main steps to carry out procedures for importing hinges of all kinds.

Step 1. Declaration of customs
declaration After having all import and export documents: Contract, commercial invoice, packing list, sea bill of lading, certificate of origin, notification of arrival and identification of hinge HS code. Then the declaration information can be entered into the customs system via the customs declaration software.

The declaration of customs declarations on customs software. It requires importers to have an understanding of data entry into the software. Customs declarations should not be filed on your own when you are not familiar with the job. The self-declaration may be wrong in points that cannot be corrected on the customs declaration. At that time, it will take a lot of money and time to fix.

Within 30 days from the date of arrival of goods at the port, the customs declarant must make a customs declaration. If this time limit is exceeded, the importer must face a fine fee from the customs side.

This is the most important step in the hinge import procedure. Enterprises that make false declarations will face fines on taxes and origins according to the customs law.

Step 2. Opening the customs declaration After
the customs declaration is completed, the customs system will return the results of the declaration channeling. If there is a flow of declarations, print out the declaration and bring the import dossier to the customs sub-department to open the declaration. Depending on the green, yellow and red channels, the steps to open the declaration are taken.

The opening of the declaration must be carried out as soon as possible, no later than 15 days from the date of declaration of the declaration. The declarant must bring the dossier to the Sub-department of Customs to open the customs declaration. Within more than 15 days, the declaration will be cancelled and you will face a penalty fee from customs.

Note: After having an official declaration, it is necessary to contact the Customs Sub-Department to carry out procedures for importing hinges. It is not recommended to leave the declaration for a long time before bringing it down for import procedures.

Step 3. Customs clearance of goods
: After checking the dossier, if there are no questions, the customs officer will accept the customs clearance of the declaration. You can now pay import duties on the customs declaration to clear the goods.

In some cases, the declaration will be released to bring the goods to the warehouse for pre-storage. After completing the dossier, the customs will proceed to customs clearance of the customs declaration. When the declaration has not yet been cleared, it is necessary to carry out procedures for customs clearance. If you are past the deadline, you will face a penalty fee and it will take a lot of time.

Step 4. Bringing goods for preservation and use
of customs clearance declarations, proceed with the liquidation of the declaration and carry out necessary procedures to bring goods to warehouses. In order to be able to pick up your goods smoothly, you need to have a full release order, a means of transport and an accepted order for the goods to pass through the monitoring area.

Above are the four steps to do the hinge import procedure. If you do not understand or have questions, please contact the hotline or hotmail for advice.

7. Notes when importing hinges

Notes when carrying out procedures for importing hinges include:

• Import tax is a mandatory obligation to complete when importing hinges;
• When importing hinges, goods must be labeled according to 43/2017/ND-CP;
• Determine the correct HS code to determine the correct tax and avoid being fined;
• Original documents should be sent in advance to avoid waiting for documents. Leading to the incurrence of storage or storage fees;

If you have difficulties in customs clearance, you can choose Just In Time as a companion.

Just In Time's staff is always enthusiastic to support you to handle your work quickly and professionally.

 

JUST IN TIME JOINT STOCK COMPANY

Address: No. 5, Dong Da, Ward 4, Tan Binh, Ho Chi Minh City.

Hotline: +84 83 9910066

Email: info@justintimevn.com

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