Smart watches are very popular items. Therefore, more and more businesses, shops, and even individuals have the need to import this item to supply the market.
So what is the procedure for importing smart watches? To know the answer, please read and follow the article below of Truong Thanh Logistics.
HS code
HS code when importing smart watches is: 91021200, belonging to group 9102.
This heading covers wristwatches, pocket watches and other personal watches, including chronographs, other than those of heading 91.01, having an opto-electronic display only.
Import Tariffs
The specific import tariffs of smart watches are as follows:
+ Preferential import tax: 20%
+ VAT (value added tax): 10%
+ Import tax from China when having C/O form E: 0%
Import profile
When preparing import documents, you need to prepare documents including:
+ Import customs declaration
+ Commercial Invoice (commercial invoice)
+ Bill of Lading/Air waybill
+ C/O if any
+ Other documents (certificate of quality inspection and regulation conformity announcement of the Ministry of Information and Communications).
Above is information about import procedures for smart watches that Truong Thanh Logistics wants to send to you. Hope this article will bring you useful information.
For detailed information about the services of Truong Thanh Logistics, please contact:
Truong Thanh Logistics – Dedication, Prestige
Hotline: 0915 36 38 39
Headquarter: 26th Floor, Tower A, Song Da Building, Pham Hung, Nam Tu Liem, Hanoi.
Email: sale@truongthanhjsc.com
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