Procedures for importing steel mesh

1. Steel mesh import policy

Procedures for importing steel mesh of all kinds are stipulated in the following legal documents:

• Circular 38/2015/TT-BTC dated March 25, 2015; amended and supplemented by Circular 39/2018/TT-BTC dated April 20, 2018;
• Decree 69/2018/ND-CP dated May 15, 2018;
• Decree No. 15/2018/ND-CP dated February 2, 2018;
• Decision No. 583/QD-TCHQ dated March 22, 2019;
• Official dispatch 638/TCHQ-TXNK dated February 22, 2022;

According to the above legal documents, it can be seen that new steel mesh products are not on the list of prohibited imports. For used products, they must be imported as scrap. Importing requires an import license.

The most important thing when doing the procedure to import steel mesh is to determine the HS code. Therefore, determining the correct HS code can determine VAT, import tax, import policy and procedures to import steel mesh.

2. HS codes for various types of steel mesh

To determine the HS code of stainless steel mesh and steel, it is necessary to determine the composition and plastic material used. Below, Just In Time has compiled the HS codes of stainless steel mesh and steel mesh of all kinds according to the table below:

If you have not determined the HS code of steel mesh. Please contact our hotline or hotmail for advice.

3. Import tax on steel mesh

Determining import tax is an important task when carrying out procedures for importing steel mesh. Import tax of goods depends on the HS code of that item. Each HS code has a specific tax rate. Here  Just In Time  would like to introduce how to calculate import tax and notes when determining import tax.

3.1 How to calculate import tax on steel mesh

Import tax is calculated according to the same formula as other items. 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 by the formula:
Value added tax = (CIF value + Import tax) x % VAT

CIF value is determined by the ex-factory value of the goods plus all costs to bring the goods to the first port of entry of the importing country. Import tax is a cost included in the cost of goods sold of the order. Therefore, you must check the correct HS code to get the best import tax code.

3.2 Notes when determining import tax on steel mesh

When determining import tax on steel mesh, the following points should be noted:

• For countries that have signed trade agreements with Vietnam such as: Europe, India, Australia, Chile, China, Korea, Japan, ASEAN countries. It is necessary to note that the special preferential tax rate is usually 0%;
• To enjoy preferential tax rates, 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 duties will also be subject to VAT;

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

4. Steel mesh import dossier

The dossier for import procedures for all types of steel mesh includes the following documents:

• Customs declaration;
• Sales contract;
• Packing list;
• Commercial invoice;
• Bill of lading;
• Certificate of origin (if any);
• Catalog (if any), and other documents if required by customs;

Above are all the documents used for customs clearance procedures for other types of steel mesh. The most important are the customs declaration, commercial invoice, bill of lading, certificate of origin. Other documents will be added if requested by the Customs authority. If you do not understand the above documents, please contact our hotline or hotmail for advice.

5. Procedures for importing steel mesh

The procedure for importing steel mesh is the same as for many other items. It is specified in Circular 38/2015/TT-BTC dated March 25, 2015, amended and supplemented by Circular 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-export documents: Contract, commercial invoice, packing list, bill of lading, certificate of origin, arrival notice and determining the HS code of steel mesh. Then you can enter the declaration information into the customs system via software.

Declare customs declaration on customs software. Requires importers to have knowledge of data entry into the software. Do not declare customs declaration on your own when you do not fully understand this work. Declare customs declaration on your own can easily lead to points 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 of arrival of the goods 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 steel mesh. All declarations 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, carry out the steps to carry out the steel mesh import procedures.

The declaration must be opened 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 the official declaration, you need to contact the customs office to carry out the procedures for importing steel mesh. You should not leave the declaration for a long time before bringing it down to carry out the import procedures.

Step 3. Clearance of goods
After checking the documents, if there are no questions, the customs officer will accept the declaration. You can now pay import tax on 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 procedures to clear the declaration. 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 completing the customs declaration, proceed with the declaration liquidation step and complete the necessary procedures to bring the goods back 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.

Above are the four basic steps to import steel mesh. If you do not understand the process, please contact the hotline or hotmail for advice.

6. Notes when carrying out procedures for importing steel mesh

When doing procedures to import steel mesh, you need to note the following points:

• Import tax is an obligation to the state;
• Value added tax for steel mesh products 10%;
• Documents should be prepared before importing goods. Avoid storage and warehousing which may incur costs;

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

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

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