Customs duty on Bitumen and asphalt; natural asphaltites and asphaltic rocks in Nepal

Q: What is the customs duty on Bitumen and asphalt; natural asphaltites and asphaltic rocks in Nepal?

The customs duty on Bitumen and asphalt; natural asphaltites and asphaltic rocks (HS 2714.90.00) is 15% (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 Bitumen and asphalt; natural asphaltites and asphaltic rocks in Nepal?

The Nepal customs HS code for Bitumen and asphalt; natural asphaltites and asphaltic rocks is 2714.90.00 (chapter 27 — Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes).

Bitumen and asphalt; natural asphaltites and asphaltic rocks is classified under HS code 2714.90.00 (chapter 27, Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). It attracts 15% customs duty (general), or 7.25% from India & SAARC under SAFTA, plus 13% VAT on the CIF value and duty.

15%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)	15%	Rs 15,000	Rs 14,950	Rs 129,950
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 15% to 7.25% — about Rs 8,758 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 Bitumen and asphalt; natural asphaltites and asphaltic rocks

Nepal imported about Rs 10.29 Crore of Bitumen and asphalt; natural asphaltites and asphaltic rocks in FY 2082/83, mainly from India.

Source country	Import value (FY 2082/83)
India	Rs 1.24 Crore

Related products

Other coal, not agglomerated, nesHS 2701.19.00 · 5% duty Liquidified Petrolium Gas (LPG)HS 2711.19.10 · 5% duty Bituminous coal, not agglomeratedHS 2701.12.00 · 5% duty Petroleum bitumenHS 2713.20.00 · 15% duty Coke and semi-coke of coal, of lignite or of peat; retort carbonHS 2704.00.00 · 5% duty Feul Oil (Furnace Oil)HS 2710.19.50 · 5% duty Peat (including peat litter), whether or not agglomeratedHS 2703.00.00 · 5% duty Lubricating OilHS 2710.19.80 · 30% duty

Full landed-cost calculator Open 2714.90.00 in the tariff Chapter 27