Customs clearance of export and import goods: standard process and

In operation,international trade, customs clearance of export and import goods is the key step in commodities is through legal regulations and minimize the risks incurred. Understanding processes, records and regulations that do not only help businesses save time, but also optimized the cost of logistics.

1. Overview of the customs procedure of export and import goods

Customs clearance is the process of business declaration, inspection and is licensed for goods to be cleared. Each shipment of export or import must be full implementation of this step, in order to ensure transparency, safety and compliance management policy state.

Depending on the type of goods, the form of delivery and commercial terms (Incoterms), the procedure may be different about vouchers and processing time.

2. Records need to be prepared when customs clearance

A profile customs clearance of export and import goods typically includes:

The customs declaration in electronic (been through the system VNACCS/VCIS).
Commercial contracts between the buyer and the seller.
Commercial invoice (Invoice).
Votes packaged goods (Packing List).
Bill of lading (Bill of Lading) or Airway Bill with respect to aviation.
Certificate of origin (C/O) if there is a request for tax incentives related.
The evidence from specialized test (quarantine, quality inspection, food safety,...) purchase the type of goods.

The right preparation and enough records to help businesses avoid threading red or slow customs.

3. Process customs clearance import export

The basic process consists of 4 steps:

Customs declaration in electronic: Business data entry into the system VNACCS.
Channel check: Automated system-threading (green, yellow, red) to determine the level of test records and merchandise.
Reality check goods (if any): Apply for threading red or yellow.
Customs and taxes: After check, valid, goods may be cleared and business regulations.

4. A number of important note

Business should frequent updates, tax policies and new rules of the General administration of Customs.
Use service, customs declaration, professional help reduce errors in the declaration.
Imported goods need to check carefully code HS codebecause the wrong code could lead to wrong tax rates and penalties.

5. Conclusion

Done right customs clearance of export and import goods is the prerequisite for import export business efficiency, avoid legal risks and optimal delivery time. With the system of electronic declaration of now, this process is increasingly rapid and transparency, facilitate international trade of Vietnam.