Procedures for importing pots and pans of all kinds

1. Policies on import of pots and pans of all kinds

Policies on procedures for importing pots and pans of all kinds are specified in the following legal documents.

• Circular 38/2015/TT-BTC dated 25/3/2015 amending and supplementing 39/2018/TT-BTC dated 20/04/2018;
• Decision No. 3810/QD-BKHCN dated 18/12/2019;
• Decree 69/2018/ND-CP dated 15/05/2018;
• Circular No. 09/2019/TT-BKHCN dated 30/09/2019;
• Decree No. 43/2017/ND-CP dated 14/4/2017;
• Decree 128/2020/ND-CP dated 19/10/2020;
• Circular No. 28/2021/TT-BYT dated 20/12/2021;

According to the above legal documents, you can see that the new pots and pans are not on the list of goods banned from import and export. However, when completing the procedures for importing the pot, it is necessary to pay attention to the following points:

• Electrically operated pots and pans are on the list of quality inspection according to HS codes;
• Pots and pans do not need to make food safety announcements according to Circular No. 28/2021/TT-BYT dated 20/12/2021;
• Used pots and pans are on the list of prohibited imports;
• When imported, pots and pans must be labeled with goods and labels of origin;

Besides, for products with prints and logos of famous trademarks and brands that have registered world copyrights. When importing this type of pots and pans, you must have a power of attorney, or a written acceptance from the company that allows the import.

2. Determination of hs codes for imported pots and pans

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

2.1 Codes hs pots and pans 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, Just In Time would like to share with you the code table of hs pots and pans.

2.2 Risks of applying the wrong hs code

Determining the correct HS code is very important when carrying out procedures for importing pots and pans. Identifying the wrong hs code will bring certain risks to you such as:

• 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;
• 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, 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 pots and pans. Please contact the hotline or hotmail for advice.

3. Import tax on pots and pans

Import tax is an obligation that the importer must fulfill when carrying out procedures for importing pots and pans. 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. Import duties depend on the hs code of the selected goods. The import tax calculation method is as follows:

3.1 How to calculate import tax on pots and pans

Import tax on pots and pans 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 pots and pans

Determining import tax in the process of importing pots and pans is very important. Therefore, when determining the import tax of pots and pans, it is necessary to pay attention to the following points:

• 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%;
• To enjoy the preferential tax rate, 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 into CIF value for import tax calculation;
• Import taxes will also be subject to VAT;

Those are the notes when calculating import tax for pots and pans. If you don't understand how to calculate taxes and the notes above. Please contact the hotline or hotmail for advice.

4. Dossier for carrying out procedures for import of pots and pans

The set of dossiers for carrying out import procedures for pots and pans 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. The dossier for carrying out procedures for importing pots and pans includes the following documents:

• Customs declaration;
• Commercial invoice;
• Bill of lading;
• Packing list;
• Sale contract;
• Self-declaration dossier of food safety;
• Certificate of Origin (C/O) if any;
• Catalog (if any);

In the above import dossier, there are the most important documents: Customs declaration, commercial invoice, bill of lading, certificate of origin and self-declaration of food safety. These are the most important documents, and other documents will have to be provided if there is a request from Customs.

In the above set of dossiers for carrying out procedures for importing pots and pans, the dossier of declaration of food safety is a dossier that can be prepared in advance. And it is recommended to prepare in advance to avoid the situation of stockpiling in ports and warehouses.

5. Process of procedures for importing pots and pans

The set of dossiers for carrying out procedures for importing pots and pans 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.

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 and identification of the hs code of the pot and pan. 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 pots and pans. 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: Open the customs declaration After
the customs declaration is completed, the customs system will return the result 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 saucepans. It is not recommended to leave the declaration for a long time before bringing it down for import procedures.

Step 3. Customs clearance of customs declaration 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. If the goods are brought to the warehouse for preservation and use
of the customs clearance declaration, the liquidation of the declaration and the necessary procedures shall be carried out to bring the goods to the warehouse. 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 pots and pans. If you do not understand the steps, please contact us via hotline or hotmail for advice.

6. Notes when importing pots and pans

When importing pots and pans, you need to pay attention to the following points:

• Goods are only cleared when fulfilling tax obligations to the state;
• When importing pots and pans, 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 goods are prohibited from importing. If imported, it is in the form of waste, a license is required;
• For pots and pans operated by electricity, it is necessary to do more energy labeling and quality inspection;

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

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