Customs duty on Articles of precious or semi-precious ston s (excl pearls) in Nepal

Q: What is the customs duty on Articles of precious or semi-precious ston s (excl pearls) in Nepal?

The customs duty on Articles of precious or semi-precious ston s (excl pearls) (HS 7116.20.00) is 10% (general). From India or another SAARC country under SAFTA, with a certificate of origin, it is 7.25%. On top of customs duty, 13% VAT applies on the CIF value plus duty.

Q: What is the HS code for Articles of precious or semi-precious ston s (excl pearls) in Nepal?

The Nepal customs HS code for Articles of precious or semi-precious ston s (excl pearls) is 7116.20.00 (chapter 71 — Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin).

Articles of precious or semi-precious ston s (excl pearls) is classified under HS code 7116.20.00 (chapter 71, Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). It attracts 10% customs duty (general), or 7.25% from India & SAARC under SAFTA, plus 13% VAT on the CIF value and duty.

10%General duty

7.25%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)	10%	Rs 10,000	Rs 14,300	Rs 124,300
India & SAARC (with SAFTA certificate of origin)	7.25%	Rs 7,250	Rs 13,942	Rs 121,192

Importing from India or SAARC under SAFTA (with a certificate of origin) cuts the duty from 10% to 7.25% — about Rs 3,108 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 Articles of precious or semi-precious ston s (excl pearls)

Nepal imported about Rs 33.97 Crore of Articles of precious or semi-precious ston s (excl pearls) in FY 2082/83, mainly from China, India, Korea, Republic of.

Source country	Import value (FY 2082/83)
China	Rs 11.2 Lakh
India	Rs 9.6 Lakh
Korea, Republic of	Rs 1.1 Lakh
Switzerland	Rs 92,000
Nigeria	Rs 9,000

Related products

Unwrought silver (incl silver plated with old or platinum)HS 7106.91.00 · 20% duty Powder of silverHS 7106.10.00 · 20% duty SilverHS 7106.92.00 · 20% duty GoldHS 7108.13.00 · 20% duty Imitation jewellery of base metal (incl p l ted), nesHS 7117.19.00 · 10% duty Articles of natural or cultured pearlsHS 7116.10.00 · 10% duty Other unwrought gold (incl gold plated wi t platinum), non-monetaryHS 7108.12.00 · 20% duty Imitation jewellery (excl of base metal) n sHS 7117.90.00 · 10% duty

Full landed-cost calculator Open 7116.20.00 in the tariff Chapter 71