Customs duty on Barbed wire and other fencing material, of iron or steel in Nepal
Barbed wire and other fencing material, of iron or steel is classified under HS code 7313.00.00 (chapter 73, Articles of iron and steel). It attracts 30% customs duty (general), plus 13% VAT on the CIF value and duty.
30%General duty
30%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)
30%
Rs 30,000
Rs 16,900
Rs 146,900
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 Barbed wire and other fencing material, of iron or steel
Nepal imported about Rs 12.45 Crore of Barbed wire and other fencing material, of iron or steel in FY 2082/83, mainly from China, India.