Procedures for importing desiccant beads

1. Desiccant beads import policy

When you import any type of item, you must first understand the import policy of that item. The policy on import of desiccant beads of all kinds is specified 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 No. 69/2018/ND-CP dated 15/05/2018;
• Decree No. 43/2017/ND-CP dated 14/4/2017;
• Decree 128/2020/ND-CP dated 19/10/2020;

According to the above legal documents, moisture-proof nuts are not on the list of goods banned from import. However, when carrying out procedures for importing desiccant beads, the following points must be noted:

• When importing desiccant beads, 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 are the legal documents regulating the procedures for importing desiccant beads of all kinds. If you do not fully understand the above regulations, please contact the hotline or hotmail for advice.

2. Determine the hs code of the desiccant beads

Determining the hs code is the most important step when carrying out procedures for importing desiccant beads. Identifying the HS code will determine the import tax, VAT and import policy. To determine the correct hs code of desiccant beads, you need to understand the characteristics of the goods: The material and packaging of the product.

2.1 Desiccant beads hs code

HS (Harmonized System) 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 share with you the hs code table of .

HS Code	Describe
38249999	Desiccant beads (Silica gel, Bentonite clay, etc.), not used in medical or food, do not contain precious metals or radioactivity

According to the import and export tariff, the hs code of desiccant beads has two types: Silica gel and activated clay. The VAT of desiccant beads is 10%.

2.2 Risks of applying the wrong hs code

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

• Delay in customs procedures: Incorrect declaration of HS codes can lead to delays in customs procedures, as it takes time to check and verify accurate information about the type of goods;
• 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;
• Shall be fined for incorrectly declaring hs codes 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 business;

To accurately determine the hs code for the specific moisture-resistant bead. Please contact the hotline or hotmail for advice.

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3. Import tax on desiccant beads

Import duty is an obligation that importers must fulfill when carrying out procedures for importing desiccant beads. 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. The import tax depends on the hs code of the selected goods. The import tax calculation of desiccant beads 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 import tax of desiccant beads belongs to the tax rate applied. The tax rate 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.

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 the authorities manage goods, determine the origin and the unit responsible for the goods. Therefore, labeling on goods is one of the indispensable stages when importing desiccant beads 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 moisture-proof granules, 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 desiccant beads, if you encounter a red channel, the 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 place will help save inspection time when carrying out procedures for importing desiccant beads.

For tray 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 put a label on the goods when carrying out procedures for importing desiccant beads of all kinds. If you don't fully understand the regulations on labels. Please contact the hotline or hotmail for advice.

5. Dossiers for carrying out procedures for importing desiccant beads

The set of dossiers for carrying out procedures for importing desiccant beads in particular and importing 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. The following is a set of dossiers for carrying out procedures for importing desiccant beads of all kinds:

• 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;

In the above set of documents, the following documents are the most important: Customs declaration, commercial invoice, bill of lading. Other documents will have to be provided upon request from customs. Certificate of origin is an optional document. However, in order to enjoy the special preferential import tax rate, the buyer should ask the seller to provide it. The special preferential import tax rate is usually 0%. If you do not fully understand the documents in the dossier of procedures for importing desiccant beads of all kinds. Please contact the hotline or hotmail for advice.

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6. Procedures for importing desiccant beads

The process of importing desiccant beads 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 desiccant beads of all kinds.

Step 1. Declaration of
customs declaration After having all import and export documents: Contract, commercial invoice, packing list, sea waybill, certificate of origin, notification of arrival of goods and identification of hs code of desiccant beads. 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. Self-declaration can easily be stuck with 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 process of importing desiccant beads. All declared contents will be pushed to the customs system. If there is an error affecting taxes or the origin of goods. Then the importer may face fines according to the customs law. Therefore, it is necessary to pay attention to the information entered on the declaration such as HS code, tax rate, name of goods, origin.

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 desiccant beads. 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 fees and taxes 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 bring goods to the warehouse, you need to prepare a delivery order, a pick-up slip at the port, and arrange a pick-up vehicle. Avoid the situation that the declaration has been completed but there is an order from the shipping line to take the goods out of the port.

Above is the process of steps to carry out procedures for importing desiccant beads. If you do not understand the steps, please contact us via hotline or hotmail for advice.

7. Notes when importing moisture-proof seeds

When carrying out procedures for importing moisture-proof seeds, it is necessary to pay attention to the following points:

• Correctly determine the HS code of each type of goods according to the material of each type;
• Prepare necessary documents for carrying out import procedures;
• When importing desiccant beads, goods must be labeled according to 43/2017/ND-CP;
• Determine the origin and quality of products, select reliable partners;
• Comply with the state's tax and fee regulations as prescribed;
• Determine the correct HS code to determine the correct tax and avoid being fined;
• Labeling of imported goods is extremely important to comply with;

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

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