Procedures for importing thermos bottles

Procedures for importing thermos bottles

Procedures for importing thermos bottles

Posted on: 24/12/2024

Below Just In Time will share with you the procedures for importing thermos bottles, determining HS codes, calculating import taxes and notes when importing this item.

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1. Thermos flask import policy

Imported thermos flasks are imported from many different countries. However, the procedures for importing thermos flasks are regulated in the following documents:

According to the above legal documents, you can see that new thermos bottles are not on the list of prohibited import and export goods. For used goods, they are imported as scrap and must have an import license. When carrying out procedures to import thermos bottles, you need to pay attention to the following points:

  • Used goods are on the list of prohibited imports;
  • Thermos bottles made of materials other than plastic and rubber do not need to be tested for food safety;
  • When importing, there must be a product label and a label of origin.

In addition, for products printed with images and logos of famous brands and trademarks that have registered for world copyright. When carrying out import procedures, you must have a power of attorney or a document of acceptance from the manufacturer permitting the import.

2. Labeling 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 more closely monitored. Labeling of goods is intended to help administrative agencies manage goods, identify the origin and the unit responsible for the goods. Therefore, labeling goods is one of the indispensable steps when carrying out procedures for importing thermos bottles of all kinds.

2.1. Label content

In addition to labeling, the label content is also very important. The label content of goods is stipulated in Decree No. 43/2017/ND-CP. For thermos bottles, the content of a complete label includes the following information:

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

These are the basic label contents that need to be affixed to the goods. The information displayed must be in English or other languages ​​with translation.

2.2. Location of labeling on goods

Labeling on goods is necessary, however, labeling in the right location is more important. When importing, the product label needs to be affixed to the surfaces of the package such as: On cartons, on wooden crates, on product packaging. Or anywhere that is convenient to check and easy to see. Labeling in the right location will help save time in checking goods when doing import procedures for all kinds of thermos bottles

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

2.3. Risks encountered when not labeling

Labeling on goods is caught according to the provisions of law. If the goods are not labeled when imported or the content of the label is incorrect. The importer must face the following risks:

  • Be fined according to regulations, the penalty level is stipulated 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 lack of warning labels for loading, unloading and transportation.

With the above risks, we recommend that you label the goods. If you do not fully understand the regulations on product labels. Please contact the hotline or hotmail for advice.

3. Determine the HS code for imported thermos

Determining the HS code is the most important step when doing procedures to import thermos. Determining the HS code will determine import tax, VAT and import policy. To determine the correct HS code for thermos, you need to understand the characteristics of the goods: Material, ingredients and characteristics of the product.

3.1. HS code for thermos flask

HS code (Harmonized System) is a series of codes used for all goods worldwide. Between different countries in the world, only the tail number is different. Therefore, the first 6 numbers of the HS code worldwide for an item are the same. Below, Just In Time would like to share with you the HS code table for thermos flasks.

HS Code Description
96170010 Vacuum flasks and other vacuum vessels, complete with case

3.2. Risks of applying the wrong HS code

Determining the correct HS code is very important when carrying out procedures for importing thermos flasks. Determining the wrong HS code will bring certain risks to you such as:

  • Delay in customs procedures: Declaring the wrong HS code can lead to delays in customs procedures, due to the time needed to check and verify accurate information about the type of goods.
  • Be fined for declaring the wrong HS code according to Decree 128/2020/ND-CP;
  • Delayed delivery: If the goods are found to have declared the wrong HS code, the customs authority may request correction or clarification of information. This can lead to delays in the delivery process and affect the production and business cycle of the enterprise.
  • In case of import tax, you will face a penalty of at least 2,000,000 VND and a maximum fine of 3 times the tax amount.

To determine the exact HS code of the thermos. Please contact the hotline or hotmail for advice.

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4. Import tax on thermos

Import tax is an obligation that the importer must fulfill when carrying out procedures to import thermos. Tax obligations are mandatory and goods are only cleared when tax obligations have been fulfilled. There are two types of import tax: VAT and import tax. Import tax depends on the HS code of the selected goods. How to calculate import tax is as follows:

4.1. How to calculate import tax on thermos

Import tax on smart cards is calculated according to the same formula as other goods. Import tax on this item has two types: import tax and import VAT.

Import tax determined by HS code Import tax 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.

CIF value is determined by the factory value of the goods plus all costs to bring the goods to the first border gate of the importing country. Import tax is the cost included in the cost of goods sold of the order. Therefore, you must check the correct HS code to apply the best import tax code.

4.2. Notes when determining import tax on thermos flasks

When determining import tax in the process of importing thermos flasks, you need to pay attention to the following points:

  • For countries that have signed trade agreements with Vietnam such as: Europe, India, Australia, Chile, China, Korea, Japan, ASEAN countries. It is important to note that the special preferential tax rate is usually 0%.
  • To enjoy the preferential tax rate, a certificate of origin is required;
  • The taxable value is the CIF value. For orders purchased under other conditions. When calculating import tax, the value must be converted to the CIF value to calculate import tax.
  • Import tax will also be subject to VAT.

These are notes when calculating import tax on thermos flasks. If you do not understand how to calculate tax and the above notes. Please contact the hotline or hotmail for advice.

5. Thermos flask import dossier

The dossier for import procedures for thermos flasks in particular, and other items in general. Stipulated in Circular 38/2015/TT-BTC dated March 25, 2015; amended and supplemented by 39/2018/TT-BTC dated April 20, 2018.

The set of documents for importing thermos flasks includes the following documents:

  • Customs declaration
  • Commercial invoice
  • Bill of lading
  • Packing list
  • Sales contract
  • Certificate of origin (C/O) if any
  • Catalog (if any)

The above are all the documents in the set of documents for importing thermos flasks. The following documents are the most important: Customs declaration, bill of lading, commercial invoice. Other documents will be provided upon request from the customs.

The certificate of origin is not a mandatory document. However, this is a very important document for the importer to enjoy preferential import tax rates. Therefore, the importer should negotiate and request the seller to provide a certificate of origin.

If you do not understand the set of documents for importing thermos flasks. Please contact hotline or hotmail for advice.

6. Procedures for importing thermos flasks

The procedure for importing thermos flasks is the same as for many other items. It is very specifically regulated in Circular 38/2015/TT-BTC dated March 25, 2015, amended and supplemented by 39/2018/TT-BTC dated April 20, 2018. We summarize the steps briefly so that you can visualize the whole picture.

Step 1: Declare customs declaration

After having complete import and export documents: Contract, commercial invoice, packing list, bill of lading, certificate of origin, notice of arrival and determining the HS code of thermos flasks. Then you can enter the declaration information into the customs system via the software.

Declaring customs declaration on customs software. Requires the importer to have knowledge about entering data into the software. You should not arbitrarily declare customs declaration when you do not fully understand this work. Arbitrarily declaring can make mistakes that cannot be corrected on the customs declaration. At that time, it will cost a lot of money and time to fix.

Within 30 days from the date the goods arrive at the port, the customs declarant must make a customs declaration. If this deadline is exceeded, the importer will face a penalty fee from the customs.

This is the most important step in the process of importing thermos flasks. If the declaration is incorrect, the enterprise will face penalties for tax and origin according to customs law.

Step 2: Open the customs declaration

After completing the customs declaration, the customs system will return the declaration flow results. If there is a declaration flow, print the declaration and bring the import dossier to the customs office to open the declaration. Depending on the green, yellow, or red flow, the steps to open the declaration are performed.

Opening the declaration must be done as soon as possible, no later than 15 days from the date of declaration. The declarant must bring the documents to the Customs Department to open a customs declaration. After 15 days, the declaration will be canceled and you will face a penalty fee from the customs.

Note: After having an official declaration, you need to contact the customs department to carry out the procedures for importing thermos flasks. You should not leave the declaration for a long time before bringing it down to carry out the import procedures.

Step 3. Clearing the customs declaration

After checking the documents, if there are no questions, the customs officer will accept the declaration. You can now pay the import tax on the thermos flask for the customs declaration to clear the goods.

In some cases, the declaration will be released to bring the goods to the warehouse for storage first. After completing the documents, the customs will proceed to clear the customs declaration. When the declaration has not been cleared, it is necessary to carry out the procedures for the declaration to clear the customs. If it is overdue, you will face a penalty fee and it will take a lot of time.

Step 4. Bring the goods to the warehouse for storage and use

For the customs declaration, proceed with the declaration liquidation step and complete the necessary procedures to bring the goods to the warehouse. To be able to receive the goods conveniently, you need to fully prepare the release order, means of transport and goods accepted to pass through the surveillance area.

The above is the procedure for the steps to import thermos bottles. If you do not understand the steps, please contact us via hotline or hotmail for advice.

7. Notes when doing procedures to import thermos bottles

In the process of doing import procedures for thermos bottles for customers. Just In Time has drawn the following experiences, we would like to share them with you for reference. When doing procedures to import thermos bottles, you need to note the following:

  • Goods are only cleared through customs when tax obligations to the state are completed.
  • Thermos bottles made of materials other than plastic or rubber do not need to make a food safety declaration;
  • When importing thermos bottles, the goods must be labeled according to 43/2017/ND-CP;
  • Correctly identify the HS code to determine the correct tax and avoid fines.
  • Used goods are prohibited from being imported.

If you have difficulty with customs procedures, you can choose Just In Time as your companion.

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

 

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