IMPORT PROCEDURE FOR COMPUTER MONITORS BY IPOLOGISTICS

I. General Introduction to the Computer Monitor Market

IMPORT PROCEDURE FOR COMPUTER MONITORS – Computer monitors are an essential part of the information technology system, serving the needs of work, entertainment, and education. With the rapid development of technology, the computer monitor market in Vietnam is expanding. These products not only vary in design but also in features, meeting the needs of various customer segments.

1. Technical Characteristics of Computer Monitors

Currently, computer monitors often have the following notable characteristics:

• Size: From 15 inches to 32 inches or larger.
• Resolution: Full HD (1920 x 1080), 2K (2560 x 1440), 4K (3840 x 2160), and even 8K.
• Refresh Rate: 60Hz, 144Hz, 240Hz, suitable for gaming needs.
• Screen Technology: LCD, LED, OLED, and VA, each with its unique advantages.

Businesses importing computer monitors need to be aware of these technical specifications to choose products that meet customer needs.

II. HS Code for Computer Monitors

The HS Code (Harmonized System code) plays a crucial role in classifying goods and determining applicable tax rates and fees during the import process. Accurately identifying the HS code helps businesses avoid legal and financial risks.

1. HS Code for Computer Monitors

• HS Code 8528: Monitors and projectors.
  • 8528.41: LCD monitors larger than 27 inches.
  • 8528.49: Other LCD and LED monitors not classified under 8528.41.

2. How to Determine the HS Code

To accurately determine the HS code, businesses should refer to the HS code list published by the General Department of Customs in Vietnam or use consulting services from logistics companies like Ipologistics. Sometimes, this may require the intervention of experts to ensure there are no mistakes during the declaration process.

III. Legal Basis Related to Import

Importing computer monitors requires compliance with regulations regarding taxes as well as safety, quality, and environmental protection regulations. Related legal documents include:

1. Customs Law No. 54/2014/QH13

The Customs Law regulates customs activities for imported and exported goods. Important clauses include:

• Article 1: General regulations on customs activities.
• Article 4: Rights and obligations of organizations and individuals in customs activities.

2. Decree 69/2018/ND-CP

This decree guides the implementation of certain provisions of the Customs Law and details customs procedures for imported goods.

• Article 10: Procedures for customs declaration and inspection of goods.

3. Circular No. 39/2015/TT-BTC

This circular regulates detailed customs procedures, including:

• Article 3: Required documents for import.
• Article 9: Quality inspection procedures for imported goods.

4. Regulations from the Ministry of Industry and Trade

The Ministry of Industry and Trade manages certain types of goods subject to special regulations. Circular No. 05/2014/TT-BCT outlines the management of goods under the jurisdiction of the Ministry of Industry and Trade.

IV. Import Procedure for Computer Monitors

The import procedure for computer monitors involves multiple steps, including the following important stages:

Step 1: Prepare the Documents

The import documents need to be fully and accurately prepared, including:

1. Import License: If the product falls under the category requiring an import license.
2. Sales Contract: Between the business and the foreign supplier, detailing terms related to price, delivery time, and responsibilities of the parties.
3. Commercial Invoice: Proving the value of imported goods.
4. Bill of Lading: A document certifying that goods have been transported from abroad to Vietnam.
5. Quality Certificate: A certificate from an authorized organization proving that the product meets quality requirements.

Step 2: Register for Import

The business must submit an import registration dossier to the customs authority where the goods are transported. The dossier includes the documents prepared in Step 1. The processing time for the dossier typically ranges from 3 to 5 working days.

Step 3: Customs Declaration

The customs declaration needs to be made correctly according to the prescribed format. The business must provide detailed information about the goods, including:

• HS Code (8528).
• Quantity, weight, and value of the goods.
• Information about the consignee and warehouse address.

Step 4: Customs Inspection

1. Document Inspection: The customs authority will check the validity of the import documents. If there are deficiencies, the business must supplement them promptly.
2. Physical Inspection: In some cases, the goods may be subject to physical inspection to ensure quality and quantity. The business needs to be prepared for this.
3. Goods Classification: The customs authority will determine the HS code and apply the appropriate import tax rate.

Step 5: Pay Import Taxes

The business needs to pay import taxes as regulated. The tax amount is determined based on the declared HS code. The business can check the import tax schedule published by the General Department of Customs to determine the specific tax rate.

Step 6: Receive Goods at the Port

After completing all procedures and paying taxes, the business can receive goods at the port. This includes checking the goods before bringing them to the warehouse. The business needs to be aware of any incurred fees related to transporting goods from the port to the warehouse.

Step 7: Document Storage

The business needs to store all documents related to the import procedure for future inspection. The document storage duration is usually 5 years from the date of clearance.

V. The Role of Ipologistics in the Import Process

Logistics companies like Ipologistics play a crucial role in assisting businesses in carrying out import procedures for computer monitors, with key tasks including:

1. Legal Consulting

Providing information about legal regulations related to import procedures, helping businesses understand requirements and rights during the import process.

2. Document Preparation

Assisting businesses in preparing the necessary documents for customs procedures, ensuring the dossier is complete and accurate.

3. Customs Declaration

Representing the business in making customs declarations, ensuring the dossier is complete and accurate, thus shortening the clearance time.

4. Goods Transportation

Ensuring that goods are safely transported from the port to the business’s warehouse, including arranging logistics and managing risks to ensure goods are not damaged during transport.

VI. Challenges in the Import Process

During the import process, businesses may encounter several challenges, including:

1. Policy Changes: Import policies may change, affecting the process and costs. Businesses need to stay updated on new information from regulatory authorities.
2. Complex Procedures: The import procedures can be very complex, requiring businesses to be familiar with regulations and processes to avoid mistakes.
3. Quality Control Challenges: Since products are imported from abroad, businesses need to ensure that the goods meet safety and quality standards as regulated.

VII. Conclusion

The import procedure for computer monitors is a complex process that requires businesses to be well-versed in legal regulations, prepare accurate documents, and follow the necessary steps. Ipologistics can play a vital role in helping businesses carry out this process effectively and smoothly. By providing legal consulting services, document preparation, customs declaration, and goods transportation, Ipologistics helps businesses reduce the burden of the import process and focus on business development.