Procedures for importing CNC machines

1. CNC machine import policy

The procedure for importing CNC machines and accessories. Stipulated in the following legal documents:

• Circular 23/2015/TT-BKHCN dated 13/11/2015;
• Circular 103/2015/TT-BTC dated 01/07/2015;
• Official Letter No. 589/CT-TTHT dated 17/01/2017;
• 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;
• Decision 18/2019/QD-TTg dated 19/04/2019;
• Decree No. 43/2017/ND-CP dated 14/4/2017;
• Decree 128/2020/ND-CP dated 19/10/2020;
• Document 43/2021/TT-BTC dated 11/06/2021;

According to the above documents, CNC machines are not on the list of goods banned from import. When importing this item, it is necessary to pay attention to the following points:

• Used CNC machines want to import no more than 10 years;
• When importing CNC machines, goods must be labeled according to 43/2017/ND-CP;
• Determine the correct HS code to determine the correct tax and avoid being fined;

In addition to the above legal documents, there are many other regulations. It is issued from time to time, so please contact the hotline or hotmail for advice.

2. CNC machine hs code

Determining the hs code is the most important step when carrying out CNC machine import procedures. Identifying the HS code will determine the import tax, VAT and import policy. To identify the correct HS code, you need to understand the characteristics of the goods: Material, composition and characteristics of the product.

2.1 HS codes of CNC machines of all kinds

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, Door to Door Viet would like to share with you the code table of hair curling machines.

HS Code	Describe
84581900	Numerical Control (CNC) Lathe, Other Type
84589910	Spare parts and parts of numerical control (CNC) lathes
84589990	Other lathe spare parts and parts
84581100	Numerical Control Horizontal Lathe (CNC)
84589100	Other lathes, not numerically controlled

2.2 Risks of applying the wrong hs code

Determining the correct HS code is very important when carrying out CNC machine import procedures. Identifying the wrong hs code will bring certain risks to you such as:

Delays 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.
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.
In case of incurring import tax, you will face a fine of at least 2,000,000 VND and a maximum fine of 3 times the tax amount.
To determine the exact hs code for the type of CNC machine you are importing. Please contact the hotline or hotmail for advice.

** See more Procedures for importing industrial sewing machines

3. Import tax on CNC machines

Import tax is an obligation that the importer must fulfill when carrying out procedures for importing CNC machines. 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 tax calculation method when carrying out procedures for importing CNC machines 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 CNC machines 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 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 CNC machines.

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 CNC machine products, 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;
• Capacity, years of production;
• 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 CNC machines, if you encounter a red channel, 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 import procedures for CNC machines 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:

• 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 checking in for importing CNC machines. If you don't fully understand the regulations on labels. Please contact the hotline or hotmail for advice.

5. CNC machine import dossier set

The set of dossiers for carrying out procedures for importing CNC machines in particular, carrying out procedures for 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.

• 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;

Above are all documents used to carry out procedures for importing CNC machines. The most important are customs declarations, commercial invoices, bills of lading. Other documents will be supplemented if requested by the customs office.

Preparing documents before importing CNC machines is extremely important. For original documents such as bills of lading, certificates of origin, the importer must ask the seller to deliver the courier in advance. Avoid waiting for documents, which can lead to container storage and cargo storage.

If you do not fully understand the documents listed above, you can contact our hotline or hotmail for advice.

** See more Procedures for importing textile machines

6. CNC machine import procedure process

The process of importing CNC machines 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, results of classification of medical equipment, notification of arrival of goods and identification of HS code of CNC machine. 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. Self-declaration can be prone to 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 CNC machines. 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 CNC machines. 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. 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 is the process of steps to carry out procedures for importing CNC machines. If you do not understand the steps, please contact us via hotline or hotmail for advice.

7. Notes when importing CNC machines

In the process of importing CNC machines for customers. Door to Door Viet has learned the following experiences, please share them with your reference. When carrying out procedures for importing CNC machines, it is necessary to pay attention to the following:

• Import tax is an obligation that must be fulfilled with the state;
• VAT on CNC machines is 8%;
• When importing CNC machines, goods must be labeled according to 43/2017/ND-CP;
• Determine the correct HS code to determine the correct tax and avoid being fined;
• Used CNC machines must not be more than 10 years old before they are allowed to be imported;

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

Email: info@justintimevn.com

Facebook: https://www.facebook.com/justintimevn

** See more Procedures for importing motorcycle spare parts