Besides the usual items, business enterprises, Manufacturers in Vietnam can still import old machinery for use. What are the procedures for importing old machinery?? What documents are needed?? Please read our following articles.

HS code for old machinery

The first step when carrying out procedures to import used machinery is to look up the HS code of that type of goods. When determining the HS code of old machinery, Businesses will understand applicable regulations and policies. At the same time, understand the tax obligation for that machinery item.

For old machinery, Businesses can refer to HS Code in chapters 84 and 85.

• Chapter 84: HS code of the boiler product, mechanical machines and equipment.
• Chapter 85: HS code of the electric machine, sound recorder and reproducer, recorder and reproducer of sound and images, television.

Determining the details of the HS Code of the goods must also be based on the nature, structural components of that type of goods. According to current regulations, basis for applying HS codes to actual imported goods at the time of import, on catalog basis, technical documents (if any) or/and go for inspection at the Customs Inspection Department.

The results of the actual customs inspection and the results of the Customs Inspection Department determined that base France to apply codes to imported goods.

>>> See more: What is MNF? Detailed instructions on the steps of declaration MNF

Conditions for importing used machinery

To carry out procedures to import used machinery from abroad to Vietnam, Importing enterprises must meet the following requirements:

– Old machinery must not exceed 10 years old. The age of imported used machinery is clearly specified in Appendix I Decision 18/2018/QD-TTg. Accordingly: Device age = Year of import – Year of manufacture.

– If the age of the used machinery has exceeded the prescribed number of years but the efficiency still reaches at least 85% of the original efficiency, and the enterprise is conducting domestic production activities, the machinery is still imported.

– These machines are manufactured according to the following standards:

• Meets national technical regulations on safety and energy consumption, environmental protection.
• If there are no technical standards related to machinery, Equipment must be manufactured according to technical specifications of national standards or meet the standards of G7 member countries..

– Used machinery is not allowed to be imported if it falls into the following cases:

• Exporting countries have announced the removal of this machinery due to its obsolescence, poor quality, cause environmental pollution.
• The machines, device, The technological line does not meet safety requirements, save energy, protect the environment according to legal regulations.

Tax on import of old machinery

When carrying out procedures to import used machinery, Businesses need to fulfill tax-related obligations. Specifically:

• VAT at 10%
• Preferential import taxes will have separate rates for each specific type of machinery

Special, thanks to the signing of free trade agreements by Vietnam and countries around the world. Importing businesses will enjoy special preferential import tax rates when importing used machinery to Vietnam.

The most detailed procedures for importing used machinery

According to regulations, when importing used machinery, Enterprises must follow the following procedures for importing used machinery:

Records of import of used machinery

Import customs documents included:

• Commercial Invoice (Commercial invoice)
• Packing List (Goods packing slip)
• Bill of lading (Bill of lading)
• Certificate of origin (Certificate of origin – in case the importer wants to enjoy special preferential import taxes)
• Customs declaration

Besides, when importing used machinery and goods, Enterprises need to carry out machine condition inspection. In addition to the above documents, Businesses need to prepare more:

• Application for registration of appraisal with an appraisal organization designated by the Ministry of Science and Technology
• Inspection certificate of the shipment
• In case there is no QCVN, there must be a certificate confirming the factory year of manufacture in the exporting country and confirmation from the Vietnamese consulate in that country..

Process of importing used machinery

Different from importing new machinery, The process of importing used machinery must go through the step of checking and assessing the age of the equipment.

The age assessment of the equipment will be carried out in parallel with the machinery import procedures. Documents to register for equipment age assessment will depend on each assessment center.

The process of importing used machinery includes the following steps:

Step 1. Declare customs declaration

Or when there are complete import and export documents: Contract, commercial invoice, packing list, ocean bill of lading, certificate of origin, Notify the goods arrived and determine the HS code of the machine, device, used technology. You can then enter declaration information into the customs system via software.

Step 2. Open customs declaration

Or when completing the customs declaration, The customs system will notify the results of declaration classification. If there is a declaration flow, print out the declaration and bring the import dossier to the customs department to open the declaration. For old machinery items, The threading result is always a red thread .

For equipment, machines, MissIf you have old technology, at this step you have to do an additional five-year assessment. The assessment procedure depends on the assessment center.

Step 3. Clearance of customs declaration

Or After checking the documents, if there are no questions, the customs officer will accept the customs declaration. You can now pay import tax for the customs declaration to clear the goods.

Step 4. Bring goods to warehouse for storage and use

Upon customs clearance, proceed with the liquidation of the declaration and carry out the necessary procedures to bring the goods to the warehouse. Above are four basic steps to clear old machinery, device, used chain.

Note when carrying out procedures to import used machinery

When carrying out procedures to import used machinery from abroad to Vietnam, Businesses need to pay attention to the following points:

• When businesses submit documents to Customs, The registration document for machinery inspection services requires confirmation from the designated inspection organization. At that time, The business will have the right to bring the shipment to the warehouse to carry out preservation work.
• Within a maximum period of 30 days from the date the shipment is brought into storage, Enterprises must be able to present the inspection certificate to the customs authority.
• If the inspection results do not meet the requirements, The enterprise importing the shipment will commit an administrative violation and be handled according to the regulations of the authorities.

Conclude

Above is some information about procedures for importing used machinery and limitations to note during the import process. If you have any questions about the import process and methods, Customers, please contact hotline 0972 66 71 66 for detailed answers..

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Cuong Quoc Freight Forwarding Company Limited

Office: 7th floor, Parami Building, 140 Bach Dang, Tan Son Hoa Ward, Ho Chi Minh City

Hotline: 0972 66 71 66

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