Procedures for importing aquatic pump

Do you want to import Aquatic pump for business in Vietnam and need to know the current import tax rate for this product? Interested in the import tax incentives that may apply to the Aquatic pump? Do you also want to learn about the aquatic pump import procedures and the aquatic pump import process?

An aquatic pump is a device used to disperse gases, provide essential oxygen to water, help improve the growth of beneficial microorganisms, and support the healthy growth of farm organisms in that environment, while promoting rapid growth. Mainly serving in industry and aquaculture, aquatic pump are most widely used in shrimp farming, as well as for aquariums and miniatures.

The structure of the machine consists of two main parts: the motor (motor, electromagnet) and the gas generating part (the blower locomotive, in the form of a scallop-type fan or stamping film).

Aquatic pump are applied in a wide variety of applications, from production conveyor systems, cement plants, to ventilation.

In wastewater treatment, aquatic pump help speed up the oxidation of organic matter and mix the waste evenly, thereby enhancing the decomposition process.

In addition, aquatic pump are also used in aquaculture, oxygen supply for miniature lakes, vacuum treatment, and electroplating industry.

The importance of aquatic pump is increasingly emphasized in industry, agriculture and fisheries for many reasons:

Aquatic pump help provide the oxygen needed in aquaculture and aquatic care, ensuring their healthy development, thereby improving economic efficiency in this sector.

In the wastewater treatment system, the aquatic pump is an important component that enhances dissolved oxygen, promotes the oxidation of organic waste, facilitates the growth of microorganisms, and accelerates the decomposition of waste.

Aquatic pump import policy

When carrying out import procedures for any type of goods, the first thing to do is to understand the import policy applicable to that product. Regulations on the import of aquatic pump are set out in the following legal documents:

According to current documents, aquatic pump are not on the list of items banned from import. However, when importing aquatic pump, the following points should be paid attention to:

• Used aquatic pump need to meet two basic conditions: the age of the equipment does not exceed 10 years and must be imported for production purposes.
• No quality inspection is required for imported aquatic pump;
• Imported aquatic pump need to be labeled according to the provisions of Decree 43/2017/ND-CP;
• It is necessary to accurately determine the HS code to calculate the tax correctly and avoid being sanctioned.

Labeling of imported goods

The labeling of imported goods not only helps to trace the origin and responsible units but also supports stricter management of goods. In particular, this process is mandatory for aquatic pump imported from abroad.

Label content

Decree No. 43/2017/ND-CP has clearly stipulated the content of labels for items. For aquatic pump, the label should include exporter/importer information, product details, origin and other information in English or language with translation. Customs will thoroughly check the contents of the label during the import process.

Label Placement

The location of the label is equally important. Labels need to be affixed in a conspicuous position on the package such as cartons, wooden bales, product packaging. This helps save inspection time when importing aquatic pump and other items.

For retail goods, the label needs to add manufacturer information, quantity, specifications, date of manufacture, and safety warnings.

Risks when labels are not in accordance with regulations

Failure to label or mislabel can lead to serious consequences such as fines under Article 22 of Decree 128/2020/ND-CP, loss of import tax incentives due to invalid certificate of origin, and the risk of loss and damage to goods due to lack of warning during transportation.

HS Code and Import Tax Rate of Aquatic pump

Aquatic pump hs code

Determining the HS code is the most important step in the process of carrying out procedures for importing any type of goods. Accurately identifying the hs code will help determine the import tax, VAT and applicable import policy. In order to determine the correct hs code for an aquatic pump, you need to understand the characteristics of the goods such as the capacity, material and principle of operation of the product.

8414	Air pump or vacuum pump, air compressor or other gas and fan; air circulation or ventilation suction caps with fans, with or without filters; airtight biosafety cabinet, with or without filter element
84145930	– – – – Aquatic pump (SEN)

Import tax rate of aquatic pump

Taxes applicable when importing aquatic pump include:

• VAT: 8%
• Preferential import tax rate: 15%
• Special preferential import taxes from the following countries:
  • ACFTA (ASEAN – China) is 10% according to Decree 153/2017/ND-CP
  • AIFTA (ASEAN – India) is 16% according to Decree 159/2017/ND-CP
  • VCFTA (Vietnam – Chile) is 7%
  • VN-EAEU (Vietnam – Eurasian Economic Union) is 4.1%
  • EVFTA (Europe – Vietnam) is 7.5%
  • UKVFTA (Vietnam – UK) is 7.5%

Procedures for importing aquatic pump

The dossier of procedures for importing aquatic pump includes the following documents, according to the provisions of Circular 38/2015/TT-BTC dated 25/03/2015 and Circular amending and supplementing 39/2018/TT-BTC dated 20/04/2018:

• Customs declaration
• Commercial invoice
• Bill of Lading
• Packing List
• Commercial Contract
• Dossier of registration for quality inspection
• Certificate of Origin (C/O), if applicable
• Catalog, if available

In the process of importing aquatic pump, the most important documents are customs declarations, invoices, bills of lading and quality inspection registration documents. Other documents need to be filled out in full as required by the customs office.

The Certificate of Origin is an optional document in the import dossier, but it can be used to enjoy special tax incentives when available.

Aquatic pump import process

The process of importing aquatic pump and other electrical equipment is detailed in Circular 38/2015/TT-BTC dated 25/3/2015, which has been amended and supplemented by Circular 39/2018/TT-BTC dated 20/04/2018. Below is a summary of the important steps to help you get an overview of the blower import process.

Step 1: Customs declaration

First, fully prepare import and export documents such as contracts, commercial invoices, packing lists, sea waybills, certificates of origin, arrival notices, and HS codes of the aquatic pump. Then, enter the declaration information into the customs system via the customs declaration software. Care should be taken when entering data to avoid errors, as this can be time-consuming and costly.

Step 2: Open a customs declaration

After the declaration is completed, the customs system will return the result of the channeling of the declaration. Print the declaration form and bring the dossier to the customs sub-department to open the declaration. Do this within 15 days of the declaration date to avoid penalties.

Step 3: Customs clearance of goods

Customs officers will check the dossier and accept customs clearance if there are no questions. After that, import taxes are paid so that the goods are cleared. In some cases, the goods may be released to be taken back to the storage warehouse.

Step 4: Transport and use the goods

Finally, proceed to liquidate the declaration and carry out procedures to bring the goods to the warehouse. Prepare delivery orders and pick-up slips at the port, and arrange vehicles to pick up goods. Note to avoid the situation that the declaration has been completed but there is still an order from the shipping line, so that the process can be completed smoothly and avoid loss of time and costs.

The process of importing aquatic pump can be complicated, but not impossible. With careful preparation and full knowledge of regulations, businesses can successfully import aquatic pump into Vietnam, meeting production and business needs. For more detailed information and advice, please contact logistics  companies with expertise in this field.