Customs duty on Agglomerated iron ores and concentrates in Nepal

Agglomerated iron ores and concentrates is classified under HS code 2601.12.00 (chapter 26, Ores, slag and ash). It attracts 10% customs duty (general), or 6% from India & SAARC under SAFTA, plus 13% VAT on the CIF value and duty.

10%General duty
6%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:

OriginCustoms dutyDuty amountVAT (13%)Landed cost
General (any origin)10%Rs 10,000Rs 14,300Rs 124,300
India & SAARC (with SAFTA certificate of origin)6%Rs 6,000Rs 13,780Rs 119,780
Importing from India or SAARC under SAFTA (with a certificate of origin) cuts the duty from 10% to 6% — about Rs 4,520 less on this Rs 100,000 example, once the VAT on the saved duty is counted. How SAFTA & the certificate of origin work →

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 Agglomerated iron ores and concentrates

Nepal imported about Rs 3.09 Arab of Agglomerated iron ores and concentrates in FY 2082/83, mainly from India.

Source countryImport value (FY 2082/83)
IndiaRs 1.56 Crore

Related products

Non-agglomerated iron ores and concentrateHS 2601.11.00 · 10% dutyAluminium ores and concentratesHS 2606.00.00 · 10% dutyOther slag and ash, including seaweed ash Kelp)HS 2621.90.00 · Per MT Rs. 1000 dutyGranulated slag (slag sand) from the manufcture of iron or steelHS 2618.00.00 · Per MT Rs. 1000 dutyManganese ores and concentrates,(incl ferrginous), with a manganese content ofHS 2602.00.00 · 10% dutySlag, dross, sealings & other waste, from the manufacture of iron or steelHS 2619.00.00 · Per MT Rs. 1000 duty
Full landed-cost calculatorOpen 2601.12.00 in the tariffChapter 26