Customs duty on Acrylic or modacrylic synthetic staple fib es, carded, etc in Nepal
Acrylic or modacrylic synthetic staple fib es, carded, etc is classified under HS code 5506.30.00 (chapter 55, Man-made staple fibres). It attracts 5% customs duty (general), plus 13% VAT on the CIF value and duty.
5%General duty
5%India & SAARC (SAFTA)
13%VAT
kgCustoms unit
Landed cost — worked example
For a shipment with a CIF value of Rs 100,000 (cost + insurance + freight to the Nepal border), the customs duty and VAT work out as:
Origin
Customs duty
Duty amount
VAT (13%)
Landed cost
General (any origin)
5%
Rs 5,000
Rs 13,650
Rs 118,650
Excise duty, the road-development fee and other charges apply to specific goods (vehicles, alcohol, tobacco, petroleum…) and are not in the figure above. Open the full calculator →
Nepal’s imports of Acrylic or modacrylic synthetic staple fib es, carded, etc
Nepal imported about Rs 3.69 Crore of Acrylic or modacrylic synthetic staple fib es, carded, etc in FY 2082/83, mainly from India, Uruguay.