Importing fire extinguisher

Question :

We intend to import fire extinguisher from Korea. We would like to know HS code and tax rate of these equipment.

Answer:

For fire extinguisher, please refer to the below HS code:

84241010: Fire extinguisher suitable for aircraft use : MFN=0% AK=VK=0%
84241090 : Other : MFN=0% AK=VK=0%

The company can refer to the following legal documents as a basis for determining the appropriate HS code and tarriff:

  • Circular No. 14/2015 / TT-BTC dated January 30, 2015 of the Ministry of Finance guiding goods classification and analysis.
  • Annotation of the Harmonized Commodity Description and Coding System of the World Customs Cooperation Council.
  • Preferential Import-Export Tariffs promulgated under Decree 125/2017 / ND-CP dated November 16, 2017 amending and supplementing a number of articles of Decree No. 122/2016 / ND-CP dated 01 / 9/2016 of the Government.
  • Decree no. 149/2017 / ND-CP regarding Vietnam’s special preferential import tariff schedule for the implementation of the Vietnam-Korea Free Trade Agreement for the period of 2018-2022.

In order to determine exact HS code for product, The company should make predetermination of product before importing according to Clause 1, Article 7 of Circular No. 38/2015 / TT-BTC of March 25, 2015 (amended and supplemented in Clause 3, Article 1 of Circular No. 39/2018 / TT-BTC of April 20, 2018 ) of the Ministry of Finance regulations

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