Procedures for Importing Silicone Adhesive

What is Silicone Adhesive?

Silicone adhesive is a type of bonding agent with good heat resistance and water resistance, widely used for bonding and sealing surfaces in various industries. It is made from virgin silicon, combined with a catalyst and other additives. Initially, the adhesive is in a liquid state; after exposure to air, it dries and forms a waterproof and durable film.

Legal Policy for Importing Silicone Adhesive

The procedures for importing silicone adhesive are specifically regulated in the following legal documents:

• Circular 38/2015/TT-BTC issued on 25/03/2015, amended and supplemented by Circular 39/2018/TT-BTC issued on 20/04/2018.
• Decree 69/2018/ND-CP issued on 15/05/2018.
• Decree 15/2018/ND-CP issued on 02/02/2018.
• Circular 40/2018/TT-BNNPTNT issued on 27/10/2018.
• Decree 128/2020/ND-CP issued on 19/10/2020.

According to the above legal documents, silicone adhesive is not on the list of prohibited import goods. However, when processing the import procedures for silicone adhesive, the following points should be noted:

• Silicone adhesive must undergo quality inspection upon importation.
• Other types of adhesives do not require quality inspection.
• When importing silicone adhesive, product labeling must comply with Decree 43/2017/ND-CP.
• Accurately determine the HS code to ascertain the appropriate tax rate and avoid penalties.

HS Code and Import Duty for Silicone Adhesive

HS Code for Silicone Adhesive

The HS Code (Harmonized System Code) is a globally used coding system for classifying goods in international trade. For silicone adhesive, the HS Code is typically classified under Chapter 32 of this system, which includes various chemical products.

More specifically, silicone adhesive is often classified under heading 32.14, which is for “Glaziers’ putty, grafting putty, resin cements, caulking compounds, and other mastics; painters’ fillings; non-refractory surfacing preparations for facades, indoor walls, floors, ceilings, or the like.”

• 32.14: Glaziers’ putty, grafting putty, resin cements, caulking compounds, and other mastics; painters’ fillings; non-refractory surfacing preparations for facades, indoor walls, floors, ceilings, or the like
• 3214.10.00: – Glaziers’ putty, grafting putty, resin cements, caulking compounds, and other mastics; painters’ fillings
• 3214.90.00: – Other

However, to determine the precise and specific HS Code for each type of silicone adhesive, you should refer to information from the General Department of Customs or companies specializing in import-export. This ensures accuracy and compliance with current regulations on goods classification.

Risks of Applying Incorrect HS Code

Accurately determining the HS Code is crucial when processing import procedures for silicone adhesive. Applying an incorrect HS Code can result in the following risks:

• Customs procedure delays: Incorrect HS Code declaration can cause customs authorities to spend additional time verifying and cross-checking information about the goods, thus delaying the clearance process.
• Fines under Decree 128/2020/ND-CP: Businesses may face fines for incorrect HS Code declarations.
• Clearance delays: If errors are found in the HS Code declaration, customs authorities may require businesses to amend or provide additional information, leading to goods being held at the port and delaying the delivery process. This can affect the production and business plans of the enterprise.
• Import tax penalties: In cases where import tax arises, you may face a minimum fine of VND 2,000,000 and up to three times the amount of tax due.

Import Duty for Silicone Adhesive

The preferential import duty rate for imported silicone adhesive is 5%, and the value-added tax (VAT) is 10%. However, for goods imported from countries and territories that have signed trade agreements with Vietnam, a special preferential tax rate may apply, often at 0%.

Required Documentation for Importing Silicone Adhesive

The documentation for importing silicone adhesive, as well as other goods, is regulated under Circular 38/2015/TT-BTC dated 25/03/2015 and Circular 39/2018/TT-BTC dated 20/04/2018. The required documents include:

• Customs declaration form
• Bill of lading
• Sales contract
• Commercial invoice
• Packing list
• Certificate of origin (C/O) (if any)
• Catalogs (product brochures)

Procedure for Importing Silicone Adhesive into Vietnam

The procedure for importing silicone adhesive is detailed in Circular 38/2015/TT-BTC dated 25/03/2015, amended and supplemented by Circular 39/2018/TT-BTC dated 20/04/2018:

Step 1: Customs Declaration

After preparing all the necessary documents as required, such as the contract, invoice, packing list, bill of lading, certificate of origin (if any), and determining the HS code for the silicone adhesive, you will proceed to enter the declaration information into the customs system through specialized software.

Step 2: Customs Clearance

After completing the declaration, the customs system will classify the declaration. If your declaration is classified, you need to print the declaration and bring the documentation set to the customs sub-department to complete the clearance procedures. The next steps will depend on the classification results (green, yellow, or red channel).

Step 3: Goods Clearance

After checking the documentation and finding no issues, the customs officer will clear the declaration. You can then pay the import duty (if any) and complete the goods clearance procedures.

Step 4: Transporting Goods to Warehouse

After completing the clearance procedures, you proceed to liquidate the declaration and complete the necessary procedures to transport the silicone adhesive to your warehouse and get it ready for use.

Read more:

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• Procedures for importing umbrellas – HDG Logistics