Importing and Exporting PET Resin
Importing and Exporting PET Resin
What Is PET Resin?
Polyethylene terephthalate (PET) is a widely-used thermoplastic resin from the polyester family. Known for its numerous industrial applications, PET is essential in producing synthetic fibers, food and beverage containers, liquids, and packaging materials. With exceptional heat and mechanical resistance, PET has become the top choice for various manufacturing sectors.
Outstanding Properties of PET Resin
High Mechanical Strength: PET exhibits excellent tear and impact resistance, along with superior hardness, making PET products durable and stable.
Food-Safe and Transparent: PET is safe for contact with food and is transparent, allowing for clear visibility of the product inside.
Effective Gas Barrier: Compared to other plastics, PET has superior oxygen (O2) and carbon dioxide (CO2) barrier properties, preserving the quality of products inside.
High Thermal Stability: PET maintains its chemical structure and barrier properties even when exposed to temperatures as high as 200ºC or as low as –90ºC, ensuring consistent performance.
The Process of Importing PET Resin
Importing PET resin requires meticulous preparation of documents and compliance with international tariff regulations. Key steps include:
- HS Code for PET Resin:
392330: Products used for packaging or transporting goods made from plastic.
39233020: Bottles, flasks, and containers reinforced with fiberglass.
Import Taxes: For products imported from countries with FORM E, WTO tax is 15%, VAT is 10%, but taxes are waived with valid FORM E certification.
- Required Documents:
Purchase Agreement
Sales Invoice
Packing List
Certificate of Origin
Key Considerations When Importing
Companies must ensure that product labeling is complete and accurate to avoid penalties. Required label information includes:
- Product or trade name
- Name and address of the exporter or manufacturer
- Name and address of the importer or buyer
- Country of origin and product model
Consultation
If you face challenges in importing or exporting PET resin or need detailed legal guidance, contact us for fast and efficient support.
Written bykflv.vn
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