1. Policy on import of steel pipes
The process of carrying out procedures for importing steel pipes of all kinds is specified in the following legal documents:
According to the above documents, steel pipes are not on the list of goods banned from import. However, when importing this item, it is necessary to pay attention to the following points:
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Used steel pipes imported as scrap must have a license;
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Some types of steel pipes for oil or gas conduction will be subject to quality inspection;
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When importing stainless steel, 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 legal documents regulating the process of carrying out procedures for importing stainless steel pipes. If you do not fully understand the above regulations, please contact the hotline or hotmail for advice.
2. Determination of hs code of steel pipe
Determining the HS code is the most important step when carrying out procedures for importing steel pipes. Identifying the HS code will determine the import tax, VAT and import policy. To determine the correct stainless steel HS code, you need to understand the characteristics of the goods: Material, composition and characteristics of the product.
2.1 Stainless steel 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 stainless steel hs code table.
|
HS Code |
Describe |
|
|
HS Code for Hollow Pipes, Ducts and Rods, Non-Jointed, Stainless Steel
|
|
73041100 |
Pipes used for oil or gas pipelines |
|
|
Support pipes, drill pipes and tubes, use for oil or gas drilling
|
|
73042210 |
Drill pipe has a Flow Limit of less than 80,000PSI and no thread at the end of the pipe |
|
73042290 |
Other type drill pipe |
|
73042410 |
Resist hoses and hoses have a flow limit of less than 80,000 psi and are not threaded at the end of the hose |
|
73042420 |
Struts and hoses have a flow limit of less than 80,000 psi and have threads at the end of the hose |
|
73042430 |
Resist hoses and hoses with a flow limit of 80,000 psi or more, with or without thread at the end of the hose |
|
|
Pipe of other type, with circular cross section, stainless steel |
|
73044100 |
Cold drawn or cold rolled (cold pressed) |
|
73044900 |
Other |
|
73053110 |
Other types of iron or steel pipes and conduits (e.g., welded, studded or joined together in a similar way), with a circular cross section, outer diameter of more than 406.4 mm, stainless steel pipes and conduits |
|
|
Other types of hollow pipes, conduits and bars, of iron or steel (e.g., open or welded, riveted or joined by the similar)
|
|
|
Pipes used for oil or gas pipelines |
|
73061110 |
Longitudinal Resistance Welding (ERW) |
|
73061190 |
Other |
|
|
Resist hoses and hoses used for oil or gas drilling |
|
73062100 |
Welded, Stainless Steel |
|
73062900 |
Other |
|
|
Other, welded, with circular cross section, stainless steel |
|
73064011 |
Tubes for boilers with an outer diameter not exceeding 12.5 mm |
|
73064019 |
Tubes for other boilers |
|
73064020 |
Stainless steel pipes and conduits, with an outer diameter of more than 105 mm |
|
73064030 |
Pipes and conduits containing a nickel content of at least 30% by weight, with an outer diameter of not more than 10 mm |
|
73064090 |
Other |
2.2 Risks of applying the wrong hs code
Determining the correct HS code is very important when carrying out procedures for importing steel pipes. 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 accurately determine the hs code for a specific type of steel pipe. Please contact the hotline or hotmail for advice.
3. Import tax on steel pipes
Determining taxes is a very important step in the process of importing steel pipes. Because import tax is an obligation that the importer must fulfill to the state. The import tax on steel pipes depends on the hs code selected above. Each hs code has a specific tax rate. You can refer to the import tax calculation method below:
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
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. The above import tax rate is a preferential import and export tax. To enjoy special preferential import tax rates, the shipment must have a Certificate of origin (C/O). Under current regulations, most stainless steels do not have safeguard duties or anti-dumping duties. If you have not calculated import duties on the shipment you imported. Please contact us via 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 on goods is one of the indispensable stages when carrying out procedures for importing stainless steel pipes 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 stainless steel pipes of all kinds, 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 steel pipes, 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 stainless steel pipes 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 stainless steel pipes of all kinds. If you don't fully understand the regulations on labels. Please contact the hotline or hotmail for advice.
5. Dossier for import of steel pipes
The set of dossiers for import procedures for stainless steel pipes in particular, 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 (if any);
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Catalog (if any), and other documents if required by customs;
Above are all documents used for carrying out procedures for importing steel pipes. The most important documents are customs declarations, commercial invoices, bills of lading, certificates of origin. Other documents will be supplemented if requested by the customs office.
If you do not understand the above documents, please contact our hotline or hotmail for advice.
6. Steel pipe import process
The process of carrying out procedures for importing steel pipes 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, bill of lading, certificate of origin, notification of arrival of goods and identification of stainless steel 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. Self-declaration can easily be stuck with 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 steel pipes of all kinds. 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 carry out procedures for importing stainless steel are carried out.
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 steel pipes. 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 bring goods to the warehouse, you need to prepare a delivery order, a pick-up slip at the port, and arrange a pick-up vehicle. Avoid the situation that the declaration has been completed but there is an order from the shipping line to take the goods out of the port.
Above are the four basic steps to carry out the procedure for importing stainless steel pipes. If you do not understand the process, please contact the hotline or hotmail for advice.
7. Notes when carrying out procedures for importing steel pipes
When carrying out procedures for importing stainless steel pipes, you need to pay attention to the following points:
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Import tax is an obligation that must be fulfilled with the state;
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Raw steel has many different hs codes, in addition to safeguard duty and anti-dumping duty. It is necessary to check carefully before importing, to avoid unexpected taxes;
-
Some types of stainless steel pipes must be inspected for quality when imported;
-
Most of the value-added tax on stainless steel products is 10%;
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It is recommended to prepare documents before importing goods. Avoid storage and storage that incur costs;
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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