Import procedures for internal combustion engine oil in 2023

PROCEDURES FOR IMPORTING INTERNAL COMBUSTION ENGINE LUBRICANTS

We import quite a lot from the Middle East, Europe, and North America… Although the market is quite diverse with many different types of lubricants, importing them into Vietnam still requires the following steps:

1. Step 1: Register for a quality inspection of lubricating oil.
2. Step 2: Complete the customs declaration and bring the goods to the warehouse for storage.
3. Step 3: Take samples for testing and conformity certification.
4. Step 4: Submit the test results to the quality inspection registration location.
5. Step 5: Submit the quality inspection certificate to customs.

Below, we will go into detail about these five steps, but first, let's learn about the HS code and some specific characteristics of the import procedure for lubricating oil.

Policy on lubricating oils (oils).

According to current regulations, lubricating oils and greases are not on the list of prohibited export or import goods; therefore, the company can proceed with normal import procedures.
However, foreign-invested enterprises (FDI) are not allowed to import or distribute lubricating oils and greases. To import them, they must obtain a license from the Ministry of Industry and Trade.

HS code for lubricating oil (oil), this part is usually divided into 2 groups:

+ Subheading 2710: Oils derived from petroleum and oils obtained from bituminous minerals, other than crude oil; preparations not specified or included elsewhere, containing 70% or more of oils derived from petroleum or oils obtained from bituminous minerals, which are the basic components of such preparations; waste oils. (HS code: 2710.19.43, 2710.19.44) subject to import duty of 5-20% and VAT of 10%.

+ Section 3403: Lubricating preparations (including cutting oil preparations, preparations for loosening bolts or nuts, anti-corrosion or anti-wear preparations and preparations for mold release, whose basic component is lubricating oil) and preparations for oil or grease treatment of textiles, leather, furs or other materials, but excluding preparations whose basic component contains 70% or more by weight of petroleum-derived oils or oils derived from bituminous minerals. HS code 34031990, import duty 10% and VAT 10%.

For detailed step-by-step instructions on importing internal combustion engine oil, please refer to this guide: The latest procedures for importing internal combustion engine oil.

Source: Saigon Customs Office

Phone: 0949 63 53 89

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