1. Car tires import policy
The process, procedures and policies on import of Car tires are specified in the following legal documents:
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Circular 38/2015/TT-BTC dated 25/3/2015 amending and supplementing 39/2018/TT-BTC dated 20/04/2018;
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Decree 69/2018/ND-CP dated 15/05/2018;
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Circular No. 12/2022/TT-BGTVT dated 30/06/2022;
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Decree No. 43/2017/ND-CP dated 14/4/2017;
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Decree 128/2020/ND-CP dated 19/10/2020;
According to the above legal documents, car tires are not on the list of goods banned from import. For used car tires on the list of prohibited imports. When carrying out procedures for importing car tires, it is necessary to pay attention to the following points:
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Used car tires are not allowed to be imported;
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When importing car tires, goods must be labeled according to 43/2017/ND-CP;
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Car tires, when imported, must register for quality inspection;
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Determine the correct HS code to determine the correct tax and avoid being fined;
The above is the entire legal document regulating procedures for importing Car tires. If you do not understand the above documents, please contact the hotline or hotmail for advice.
2. Determine the car tire hs code
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 car tires from different countries.
2.1 Car tire 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 a list of car tire codes of all kinds.
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HS Code
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Description
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40111000
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Pneumatic tires, new type, for passenger cars
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40112011
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Pneumatic tires, new type, for trucks, rims with a diameter of ≤ 61 cm
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40112012
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Pneumatic tires, new type, for trucks, rims with a diameter of > 61 cm to ≤ 63.5 cm
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40112013
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Pneumatic tires, new type, for trucks, rims with a diameter of > 63.5 cm
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40112019
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Pneumatic tires, new type, for trucks, other types
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2.2 Risks of applying the wrong hs code
Determining the correct HS code is very important when carrying out procedures for importing car tires. 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 the type of car tire, please contact the hotline or hotmail for advice.
3. Import tax on car tires
Determining import tax is an important task when carrying out procedures for importing car tires. The import tax of the goods depends on the hs code of the item. Each hs code has a specific tax rate. Here, Door to Door Viet would like to introduce how to calculate import tax and notes when determining import tax.
3.1 How to calculate import tax on car tires
Import tax on car tires of all kinds is calculated according to the same formula as other items. There are two types of import tax on this item, namely import tax and import VAT.
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.
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 tax is the cost included in the cost of goods sold of an order. Therefore, you must check the correct HS code to get the best import tax code.
3.2 Notes when determining import tax on car tires
When determining the import tax of Car tires of all kinds, it is necessary to pay attention to the following points:
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For countries that have signed trade agreements with Vietnam such as: Europe, India, Australia, Chile, China, South Korea, Japan, Asean countries. It is necessary to note that the special preferential tax rate is usually 0%;
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To enjoy the preferential tax rate, a certificate of origin is required;
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The taxable value is the CIF value. For orders purchased under other conditions. When calculating import tax, the value must be converted into CIF value for import tax calculation;
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Import taxes will also be subject to VAT;
Those are the notes when calculating import tax for car tires. If you don't understand how to calculate taxes and the notes above. Please contact the hotline or hotmail for advice.
4. Labeling of imported car tires
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 car tires 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 Car tires, 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 car tires, 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 import procedures for car tires 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 checking in for the import of car tires. If you don't fully understand the regulations on labels. Please contact the hotline or hotmail for advice.
5. Dossier for carrying out procedures for import of Car tires
The set of dossiers for carrying out procedures for importing car tires 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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Sea 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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Quality inspection dossiers;
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Catalogs;
Above are all the documents in the dossier for carrying out procedures for importing car tires. 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 do not understand the application for car tire import procedures. Please contact the hotline or hotmail for advice.
6. Procedures for importing car tires
The process of importing car tires 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 car tires 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 and identification of car tire 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. Importers are required 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 car tires. 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: Register for quality
inspection Car tires are an item that must be registered for quality inspection according to Circular 12/2022/TT-BGTVT. Car tires are managed by the Ministry of Transport. For this part, please contact the hotline or hotmail for advice.
Step 3. 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 car tires. It is not recommended to leave the declaration for a long time before bringing it down for import procedures.
Step 4. 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 5. 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 five steps to carry out procedures for importing car tires. If you do not understand the steps, please contact us via hotline or hotmail for advice.
7. Notes when importing car tires
In the process of carrying out procedures for importing car tires. We have drawn some notes that we would like to share with you for your reference. When importing car tires, you need to pay attention to the following points:
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Import tax is an obligation that the importer must fulfill to the state;
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Accurately determining the hs code of a car tire is very important to determine taxes and avoid penalties for applying the wrong hs code;
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Car tires, when imported, must be inspected for quality;
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When importing car tires, it is necessary to label the goods;
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Goods may only be consumed on the market when the declaration is cleared from customs;
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.
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