Procedures for importing all kinds of glue

1. Glue import policy

Procedures and policies for importing all types of glue are stipulated in the following legal documents:

• Circular 38/2015/TT-BTC dated March 25, 2015; amended and supplemented by 39/2018/TT-BTC dated April 20, 2018;
• Decree 69/2018/ND-CP dated May 15, 2018;
• Decree 15/2018/ND-CP dated February 2, 2018;
• Decree 69/2018/ND-CP dated May 15, 2018;
• Circular 40/2018/TT-BNNPTNT dated December 27, 2018;
• Decree 128/2020/ND-CP dated October 19, 2020;

According to the above legal documents, glue is not on the list of prohibited imports. However, when importing glue, you need to pay attention to the following points:

• Wood glue must be quality tested when imported;
• Other types of glue do not need to be quality tested;

The above is the entire procedure for importing all types of glue. If you do not understand the above documents, please contact the hotline or hotmail for advice.

2. HS code for glue

Looking up HS codes is a very important task when doing procedures for importing glue. HS codes are a series of numbers assigned to each specific item worldwide. HS codes between countries for an item are usually the same from at least the first 4 to 6 digits. Therefore, when importing glue, you should refer to the HS code provided by the seller.

Here are the HS codes of popular types of glue for your reference:

According to the import and export tax schedule, the HS code for wood glue and industrial glue belongs to chapter 3506. The import tax rate for all types of glue is 14%, the import VAT of goods is 10%.

In addition to the preferential import tax rate, there is also a special preferential tax rate, usually 0%. This tax rate is applied to goods imported from countries and territories with which Vietnam has signed a trade agreement. Determining the correct HS code is very important when carrying out procedures for importing glue. Determining the wrong HS code will bring certain risks to you such as:

• Being fined for declaring the wrong HS code according to Decree 128/2020/ND-CP;
• In case of import tax, you will face a fine of at least 2,000,000 VND and the highest is a fine of 3 times the tax amount;

If you have not determined the correct HS code for all types of glue. Please contact hotline or hotmail for advice.

3. Import tax on glue

Determining import tax is a very important task when doing procedures to import glue. Because import tax is an obligation that the importer must fulfill with the state. There are two types of import tax: import tax and import VAT. You can refer to the method of calculating import tax as follows:

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

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 VAT is determined according to the formula:
Value added tax = (CIF value + Import tax) x % VAT rate

According to the above calculations, it can be seen that the import tax on glue depends on the import tax rate. The import tax rate is determined by the selected glue HS code. There are two types of import tax rates: preferential import tax rates and special preferential import tax rates. The special preferential tax rate is usually 0% applied to goods imported from countries and territories with which Vietnam has signed trade agreements such as: China, Korea, Japan, Chile, Europe, Australia, India and ASEAN countries. To be eligible for special preferential import tax rates, the shipment must have a certificate of origin, also known as ℅.

4. Documents for importing glue

Documents for importing glue in particular, and for importing other goods 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.

• Customs declaration;
• Bill of lading;
• Sales contract;
• Commercial invoice;
• Packing list;
• Certificate of origin (℅) if any;
• Certificate of conformity (for wood glue);
• Catalogs;

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

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

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

5. Procedures for importing adhesives

The procedure for importing adhesives 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 short description steps so that you can visualize the whole picture. The following are the main steps for importing adhesives of all kinds.

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 of goods and determining the HS code of adhesives. Then you can enter the declaration information into the customs system via the customs declaration software.

Declaring customs declarations on customs software. Requires the importer to have knowledge about entering data into the software. Do not declare customs on your own when you do not understand this work. Declare on your own and you may 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 declare the 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 adhesives. All declaration contents will be pushed to the customs system. If there are errors affecting the tax or origin of the goods. The importer may face penalties according to customs law. Therefore, it is necessary to pay attention to the information entered on the declaration such as HS code, tax rate, product name, origin.

Step 2. Open the customs declaration
After completing the customs declaration, the customs system will return the declaration classification results. If there is a declaration classification, print the declaration and bring the import documents to the customs branch to open the declaration. Depending on the green, yellow, or red classification, follow the steps to open the declaration.

For wood glue, a quality check must be done, and only when there is a quality certificate can the goods be cleared through customs. Quality check is a mandatory condition when carrying out procedures for importing wood glue.

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 branch to open the 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 branch to carry out the procedures for importing glue. Do not leave the declaration for a long time before bringing it down for import procedures.

Step 3. Clearing the goods
After checking the documents, if there are no questions, the customs officer will accept the declaration. You can now pay import tax 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 back for storage and use
After the customs declaration is cleared, proceed to liquidate the declaration and carry out the necessary procedures to bring the goods to the warehouse. To be able to get the goods conveniently, you need to fully prepare the release order, means of transport and goods accepted to pass through the surveillance area.

Above are the four steps for importing glue. If you do not understand the steps, please contact us via hotline or hotmail for advice.

6. Notes when importing glue

When importing glue, you need to note the following points:

• Import tax is an obligation that the importer must fulfill with the state;
• Wood glue is an item that must be inspected for quality upon import;
• Certificate of origin is an important document to enjoy special preferential import tax;
• Determining the exact HS code of glue is very important to determine tax and avoid being fined for applying the wrong HS code;
• Goods can only be consumed on the market when the declaration is cleared through customs;

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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