Import tax imposed on devices from China — Hệ thống tư vấn đầu tư và pháp luật

Question Information :

Title :	Import tax imposed on devices from China
Subject :	Customs Procedures
Questioner :	Hidden Name
Question Date :	27/06/2008
Question Content :	I want to import power inverter from China to Vietnam (FOB) by air or sea. Please let me know how much import tax and value added tax are.

Answer Information :

Answer Place :	Customs Department of Dong nai province
Answerer :	Specialized Division
Answer Date :	19/08/2008
Answered Content :	To classify and use accurate tax code, it is necessary to have enough information about the goods. Because you do not clearly mention the goods’ properties, capacity, voltage and so on, Dong Nai Customs Office cannot provide the correct preferential import tax rate and value added tax rate to your company. However, based on explanatory notes of the World Customs Organization's 2007 Harmonized Commodity Description and Coding System (HS2007) and the Tariff attached to the Finance Ministry’s Decision No.106/2007/QD-BTC of December 20, 2007, your company can refer to subheading 8504 (Electrical transformers, static converters (for example, rectifiers) and inductors) and is suggested to compare with your products to use the correct tax code.