Customs duty on Bars, rods and profiles of nickel, not all yed in Nepal

Bars, rods and profiles of nickel, not all yed is classified under HS code 7505.11.00 (chapter 75, Nickel and articles thereof). 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 Bars, rods and profiles of nickel, not all yed

Nepal imported about Rs 13.8 Lakh of Bars, rods and profiles of nickel, not all yed in FY 2082/83, mainly from India.

Source countryImport value (FY 2082/83)
IndiaRs 1.1 Lakh

Related products

Unwrought nickel alloysHS 7502.20.00 · 10% dutyUnwrought nickel, not alloyedHS 7502.10.00 · 10% dutyPlates, sheets, strip and foil of nickel a loysHS 7506.20.00 · 15% dutyPlates, sheets, strip and foil of nickel, ot alloyedHS 7506.10.00 · 15% dutyArticles of nickel, nesHS 7508.90.00 · 15% duty
Full landed-cost calculatorOpen 7505.11.00 in the tariffChapter 75