1. Motorcycle spare parts import policy
The procedures for importing motorcycle spare parts are stipulated in the following legal documents.
According to the above legal documents, motorcycle spare parts are not on the list of prohibited import goods. However, when carrying out import procedures for this item, you need to pay attention to the following points:
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Used motorcycle spare parts are on the list of prohibited imports;
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When importing motorcycle spare parts, you must label the goods according to 43/2017/ND-CP;
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Some types of spare parts when imported must be inspected for imported goods quality;
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Determine the correct HS code to determine the correct tax and avoid being fined;
The above are the policies regulating the import of motorcycle spare parts. If you do not fully understand the above policies. Please contact the hotline or hotmail for advice.
2. Determine the HS code for motorcycle spare parts
Determining the HS code is the most important step when carrying out import procedures for any type of goods. Determining the HS code will determine import tax, VAT and import policy. To determine the correct HS code for motorcycle spare parts, you need to understand the characteristics of the goods: Material, composition and characteristics of the product.
3.1. HS codes for all kinds of motorcycle spare parts
HS code (Harmonized System) is a series of codes used for all goods worldwide. Between different countries in the world, only the tail number is different. Therefore, the first 6 numbers of the HS code worldwide for an item are the same. Below, Door to Door Viet would like to share with you the HS code table for motorcycle spare parts.
|
HS Code |
Description |
|
40114000 |
HS code for motorcycle tires |
|
70091000 |
HS code for rearview mirror |
|
73151110 |
HS code for motorcycle chain, roller chain type |
|
|
HS code for battery |
|
8407 |
HS code for motorcycle and motorbike engines |
|
8501 |
HS code for motorcycle and electric motorbike engines |
|
85122020 |
HS code for lighting, turn signal lights |
|
85122091 |
HS code for other electronic motorcycle spare parts |
|
85123010 |
HS code for horn |
|
87141010 |
HS code for saddle |
|
87141020 |
HS code for motorcycle spokes |
|
87141040 |
Gears, gear boxes, clutches and other transmission equipment and parts thereof |
|
87141050 |
HS code for wheel rim |
|
87141060 |
HS Code for Brakes and Their Parts |
|
87141070 |
HS code for exhaust pipe |
|
87141090 |
HS code for other accessories |
2.2 Risks of applying the wrong HS code
Determining the correct HS code is very important when carrying out procedures for importing motorcycle spare parts. Determining the wrong HS code will bring certain risks to you such as:
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Delay in customs procedures: Declaring the wrong HS code can lead to delays in customs procedures, due to the time needed to check and verify accurate information about the type of goods.
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Penalty for declaring the wrong HS code 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 enterprise.
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In case of import tax, you will face a penalty of at least 2,000,000 VND and a maximum penalty of 3 times the tax amount;
To determine the exact HS code for a specific type of motorcycle spare part. Please contact the hotline or hotmail for advice.
3. Motorcycle spare part import tax
Goods that want to be imported and consumed in the market, the importer must fulfill tax obligations to the state. There are two types of motorcycle spare part import tax: Import tax and import VAT. How to calculate tax when carrying out procedures for importing motorcycle spare parts according to the following formula:
Import tax determined by HS code, import tax is calculated according to the formula:
Import tax = CIF value x % tax rate
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 % VAT rate.
According to the above formula, it can be seen that import tax depends on the HS code. Therefore, when carrying out import procedures, it is necessary to accurately determine the HS code for the type of imported spare parts. Applying the wrong HS code may be subject to penalties according to the provisions of law. In addition, as mentioned above, for goods imported from countries and regions with which Vietnam has signed a trade agreement, the import tax is usually 0%. If you do not understand the certificate of origin, you can contact our hotline or hotmail for advice.
4. Labeling imported motorcycle spare parts
Labeling imported goods is not a new regulation. However, since Decree 128/2020/ND-CP was issued, the labeling of imported goods has been more closely monitored. Labeling goods is intended to help administrative agencies manage goods, identify the origin and the unit responsible for the goods. Therefore, labeling goods is one of the indispensable steps when carrying out procedures for importing motorcycle spare parts.
4.1 Label content
In addition to labeling, label content is also very important. The label content of goods is regulated in Decree No. 43/2017/ND-CP. For motorcycle spare parts, the content of a complete label includes the following information:
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Information of the exporter (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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Spare part code;
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Origin of goods;
These are the basic label contents that need to be affixed to the goods. The information shown must be in English or other languages that must be translated. When carrying out procedures for importing motorcycle spare parts, if a red line is encountered, the customs inspection will pay close attention to the content of the label above.
4.2 Labeling position on goods
Labeling on goods is necessary, however, labeling in the right position is more important. When importing, the label needs to be affixed to the surfaces of the package such as: On cartons, on wooden crates, on product packaging. Or anywhere that is convenient to check and easy to see. Labeling in the right position will help save time in checking goods when doing procedures to import motorcycle spare parts.
For retail goods on the market, it is necessary to show more information. Such as manufacturer, quantity of goods, technical specifications, date of manufacture, safety warnings.
4.3 Risks when not labeling
Labeling on goods is caught according to the provisions of law. If the goods are not labeled when imported or the content of the label is incorrect. The importer must face the following risks:
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Be fined according to regulations, the penalty level is stipulated 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 lack of warning labels for loading, unloading and transportation;
With the above risks, we recommend that you label the goods when doing the procedures for importing motorcycle spare parts. If you do not fully understand the regulations on product labels. Please contact the hotline or hotmail for advice.
5. Documents for import procedures for motorcycle spare parts
Documents for import procedures for motorcycle spare parts in particular, and other items in general. Stipulated in Circular 38/2015/TT-BTC dated March 25, 2015; amended and supplemented by 39/2018/TT-BTC dated April 20, 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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Quality inspection records;
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Catalogs;
Above are all the documents in the dossier for import procedures for motorcycle spare parts. The following documents are the most important: Customs declaration, bill of lading, commercial invoice. Other documents will be provided upon request from the customs. For quality inspection records, it applies to spare parts such as: Rearview mirrors, batteries, rims, tires, and vehicle engines.
Certificate of origin is not a mandatory document. However, this is a very important document for importers to enjoy preferential import tax rates. Therefore, importers should negotiate and request the seller to provide a certificate of origin.
If you do not understand the dossier for importing motorcycle spare parts. Please contact the hotline or hotmail for advice.
6. Procedures for importing motorcycle spare parts
The procedure for importing motorcycle spare parts is the same as for many other items. It is specifically regulated in Circular 38/2015/TT-BTC dated March 25, 2015, amended and supplemented by 39/2018/TT-BTC dated April 20, 2018. We summarize the steps briefly so that you can visualize the whole picture. Here are the main steps for importing all kinds of motorcycle spare parts.
Step 1. Declare customs declaration
After having all the import and export documents: Contract, commercial invoice, packing list, bill of lading, certificate of origin, notification of arrival of goods and determining the HS code of motorcycle spare parts. Then you can enter the declaration information into the customs system via the customs declaration software.
Declare customs declaration on customs software. Requires the importer to have knowledge about entering data into the software. You should not declare customs declaration on your own when you do not fully understand this work. Declare on your own can easily get stuck with 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 the goods arrive at the port, the customs declarant must declare the customs declaration. If this deadline is exceeded, the importer will face a penalty fee from the customs.
Step 2: Register for quality inspection
Motorcycle spare parts such as: Rearview mirrors, batteries, rims, tires, and engines. Must be inspected for quality according to the regulations in Circular 41/2018/TT-BGTVT. For this part, please contact Door to Door Viet's hotline or hotmail for advice.
Step 3. Open a customs declaration
After completing the customs declaration, the customs system will return the declaration flow results. If there is a declaration flow, print the declaration and bring the import documents to the customs branch to open the declaration. Depending on the green, yellow, or red flow, follow the steps to open the declaration.
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.
Step 4. Clearing the goods
After checking the documents, if there are no questions, the customs officer will accept the declaration. You can now pay import tax for 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 the procedures for the declaration to clear the customs. If it is overdue, you will face a penalty fee and it will take a lot of time.
Step 5. Bringing the goods back for storage and use
After the customs declaration is cleared, proceed to the declaration liquidation step and do the necessary procedures to bring the goods back to the warehouse. To be able to bring the goods back to the warehouse, you need to prepare the delivery order, the port pick-up form and arrange the means to pick up the goods. Avoid the situation where the declaration is completed but there is an order from the shipping line to take the goods out of the port.
Above are the five steps to import motorcycle spare parts. If you do not understand the steps, please contact us via hotline or hotmail for advice.
7. Notes when importing motorcycle spare parts
When importing motorcycle spare parts, you need to note the following points:
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Import tax is an obligation that the importer must fulfill to the state;
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Find a reputable supplier, choose a suitable payment method;
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The import tax of motorcycle spare parts is quite high, when negotiating with the seller, you should request a certificate of origin to receive tax incentives;
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When importing, you must label the goods according to 43/2017/ND-CP;
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Determine the correct HS code to determine the correct tax and avoid fines;
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Types of motorcycle spare parts such as: Rearview mirrors, batteries, rims, tires, and engines. Must check the quality when importing;
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Goods can only be consumed on the market when the declaration is cleared through customs;
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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