1. Gypsum frame import policy
The process of carrying out import procedures and policies on import of bare bones and drywall are specified in the following legal documents:
According to the above documents, artificial stone products are not on the list of goods banned from import and export. When importing this item, it is necessary to pay attention to the following points:
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Used goods banned from import;
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When importing gypsum frames, goods must be labeled according to 43/2017/ND-CP;
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Determine the correct HS code to determine the correct tax and avoid being fined;
Above are the regulations on procedures for importing gypsum frames. If you do not understand the above documents, please contact the hotline or hotmail for advice.
2. Determine the hs code of the gypsum frame
Determining the HS code is the most important step when carrying out procedures for importing any type of goods. Identifying the HS code will determine the import tax, VAT and import policy. To determine the correct plaster frame HS code, you need to understand the characteristics of the product: Material, composition and characteristics of the product.
2.1 Gypsum frame 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 plaster skeleton hs code table.
|
HS Code |
Describe |
|
73089099 |
Gypsum frame hs code |
According to the import and export tariff schedule, the HS code of gypsum skeleton is 73089099. The import tax of this item is 10% and the VAT 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 bare bones and drywall. Identifying the wrong hs code will bring certain risks to you such as:
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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;
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Shall be fined for incorrectly declaring hs codes according to Decree 128/2020/ND-CP;
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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;
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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 accurately determine the hs code for a specific type of plaster skeleton. Please contact the hotline or hotmail for advice.
3. Import tax on gypsum frames
Goods that want to be imported and consumed on the market must fulfill their tax obligations to the State. There are two types of import tax on gypsum frames: Import tax and import VAT.
How to calculate tax when carrying out procedures for importing bare bones and drywall according to the following formula:
Import tax determined according to the import tax hs code is calculated according to the formula:
Import tax = CIF value x % tax rate
The CIF value is determined by the ex-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 % tax rate.
According to the above formula, it can be seen that the import tax depends on the gypsum frame HS code. Therefore, when carrying out import procedures, the hs code must be accurately determined. The application of the wrong HS code may be fined according to the provisions of law. In addition, as mentioned above, for goods imported from countries and regions with which Vietnam has signed trade agreements, the import tax is usually 0%.
If you do not understand the origin of the paper, you can contact our hotline or hotmail for advice.
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 of goods aims to help administrative agencies manage goods, determine the origin and unit responsible for goods. Therefore, labeling goods is one of the indispensable stages when carrying out procedures for importing bare bones and drywall.
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 gypsum frame items, the contents of a full label include the following information:
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Information of the exporter's family (address, company name);
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Information of the importer (address, company name);
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Name of goods and information of goods;
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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 bare bones and drywall. 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 position will help save inspection time when carrying out procedures for importing gypsum frames 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:
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Being fined according to regulations, the fine level is specified in Article 22 of Decree 128/2020/ND-CP;
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Not entitled to special preferential import tax because the certificate of origin will be rejected;
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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 bare bones and drywall. If you don't fully understand the regulations on labels. Please contact the hotline or hotmail for advice.
5. Dossier of procedures for import of gypsum frame
The set of dossiers for carrying out procedures for importing gypsum frames in particular and 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.
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Customs declaration;
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Bill of lading;
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Commercial invoice;
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Sale contract;
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Packing list;
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Certificate of origin (c/o) if any;
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Catalogs;
Above are all the documents in the dossier for carrying out procedures for importing bare bones and drywall. The following documents are the most important: Customs declaration, bill of lading, commercial invoice. For other documents, they will be provided upon request from the customs.
Certificate of origin is a document that is not required. However, this is a very important document for importers to enjoy preferential import tax rates. Therefore, the importer should negotiate and ask the seller to provide a certificate of origin.
If you don't understand the drywall frame import dossier. Please contact the hotline or hotmail for advice.
6. Procedures for carrying out procedures for importing gypsum frames
The process of carrying out procedures for importing gypsum frames 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.
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 gypsum frame hs code. Then the declared information can be entered into the customs system via 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 process of importing gypsum frames. 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 gypsum frames. 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.
Above is the process of steps to carry out procedures for importing gypsum frames. If you do not understand the steps, please contact us via hotline or hotmail for advice.
7. Notes when importing gypsum frames
In the process of importing bare skeletons, drywall for customers. Door to Door Viet has learned the following experiences, please share them with your reference. When carrying out procedures for importing gypsum frames, it is necessary to pay attention to the following:
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Import tax is an obligation that must be fulfilled with the state;
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The VAT on gypsum frames is 10%;
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Find a reputable supplier, choose the right form of payment;
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When importing gypsum frames, goods must be labeled according to 43/2017/ND-CP;
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Determine the correct HS code to determine the correct tax and avoid being fined;
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.
JUST IN TIME JOINT STOCK COMPANY
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