EXPORT PROCEDURES FOR ELECTRONIC COMPONENTS

Posted on Law 18 Views

EXPORT PROCEDURES FOR ELECTRONIC COMPONENTS CARRIED OUT BY IPOLOGISTICS

1. Introduction to Electronic Components

EXPORT PROCEDURES FOR ELECTRONIC COMPONENTS – Electronic components are critical elements of modern electronic devices, from smartphones and computers to household appliances. The rapid growth of the electronics industry has created a vast and highly competitive global export market. To ensure smooth export operations, businesses must comply with stringent legal regulations and clearly defined processes.

2. HS Code (Harmonized System Code)

The HS code is a globally recognized classification system used to identify goods for customs purposes. Each type of electronic component has its unique HS code, which is crucial for customs declarations and tax calculations. Below are some typical HS codes related to electronic components:

  • HS Code 8541: Semiconductor devices, including transistors and diodes.
    • Description: This code covers basic electronic components such as diodes, transistors, and basic integrated circuits.
  • HS Code 8542: Integrated Circuits (ICs).
    • Description: These are more complex electronic components found in nearly all electronic devices, containing millions of transistors in a small chip.
  • HS Code 8534: Printed Circuit Boards (PCBs).
    • Description: PCBs are essential to connect and support electronic components within devices.
  • HS Code 8473: Accessories and parts for computing machines and office equipment.
    • Description: Includes components like keyboards, mice, and other peripheral devices for computers.

Note: Accurate classification of goods under the correct HS code is crucial not only for determining the applicable taxes but also for complying with regulations regarding product quality and safety inspections.

3. Legal Basis and Government Regulations

The export of electronic components must adhere to several legal and procedural requirements. The primary legal frameworks include:

  • Vietnam Customs Law (Law No. 54/2014/QH13):
    • Overview: This law governs customs procedures, goods management for export and import, and outlines the rights and obligations of organizations and individuals involved in these activities.
  • Decree No. 69/2018/ND-CP:
    • Overview: Governs the export and import of high-tech products, including certain electronic components, which may require specific licenses.
  • Circular No. 38/2015/TT-BTC:
    • Overview: Provides detailed regulations on customs procedures, including the declaration process and required documentation for exported and imported goods.
  • Consumer Protection Law:
    • Overview: Addresses product safety and business responsibility to ensure that exported products are safe for end-users.
  • National Standards (TCVN):
    • Overview: Establishes the quality standards that exported goods must meet to be legally exported.

4. Export Process for Electronic Components

The process of exporting electronic components involves several key steps. Each step must be completed carefully to ensure smooth customs clearance and compliance with regulations.

Step 1: Prepare Export Documents

Accurate documentation is essential to avoid delays and issues during customs clearance. The necessary export documents include:

  1. Commercial Contract:
    • Description: A legally binding agreement between the exporter and importer, detailing transaction terms, prices, and delivery schedules.
  2. Commercial Invoice:
    • Description: A detailed invoice that includes product descriptions, quantities, unit prices, and total shipment value.
  3. Packing List:
    • Description: A document listing the specific items, quantities, and packaging details of the goods in the shipment.
  4. Certificate of Origin (C/O):
    • Description: Certifies the country of origin of the goods, which may be required by the importing country to verify product authenticity and to determine applicable duties.
  5. Bill of Lading:
    • Description: A document proving the ownership of the goods and outlining transportation details.
  6. Export License:
    • Description: Required for certain electronic components classified as controlled goods. The license must be obtained from the relevant regulatory authorities.
Step 2: Customs Declaration Process

The customs declaration is carried out via the VNACCS/VCIS electronic system and involves several steps:

  1. Declare Goods Information:
    • Details: Information on the goods, including HS codes, product descriptions, quantities, and values, is input into the system.
  2. Classification of Inspection Lanes:
    • Based on the declaration, the system will assign one of three inspection lanes:
      • Green Lane: No inspection required, goods are cleared immediately.
      • Yellow Lane: Document review required, additional paperwork may be requested.
      • Red Lane: Physical inspection of goods by customs officials.
Step 3: Goods Inspection and Clearance

Depending on the inspection lane assigned, the next steps may include:

  1. Document Review:
    • Details: Customs will review the export documentation for accuracy. Any discrepancies must be corrected immediately.
  2. Physical Inspection:
    • Details: For red lane shipments, customs officials will conduct a physical inspection of the goods. Ipologistics assists customers in organizing and preparing goods for this inspection to avoid delays.
Step 4: International Transportation

Once goods have been cleared, the export process continues with international transportation. Ipologistics handles the following tasks:

  1. Selection of Transport Method:
    • Details: Choose between air, sea, or land transportation based on customer requirements, balancing cost and delivery times.
  2. Shipment Tracking:
    • Details: Ipologistics provides tracking updates to the customer, ensuring real-time visibility of the shipment’s progress.
Step 5: Quality Inspection Requirements

For certain electronic components, product quality inspections may be required before export. This typically involves the following steps:

  1. Quality Certification:
    • Details: Products may need to be certified by international standards organizations, such as ISO or CE, depending on the destination country’s requirements.
  2. Compliance with Importing Country Standards:
    • Details: Ensure that the products meet the quality and safety standards of the importing country, a mandatory requirement for many markets.
Step 6: Taxation and Customs Duty Preferences

When exporting electronic components, businesses need to be aware of applicable taxes and duties. Depending on the type of goods and destination market, various preferential tariffs may be available.

 

———————————————————————————————————————————————————————–

Contact

 

Contact Form

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Hotline: 0938.960.113
    SMS: 0938.960.113 Nhắn tin Facebook Zalo: 0938.960.113