Customs duty on Castor oil and its fractions in Nepal

Castor oil and its fractions is classified under HS code 1515.30.00 (chapter 15, Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). 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
kg/ltrCustoms 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 Castor oil and its fractions

Nepal imported about Rs 10.28 Crore of Castor oil and its fractions in FY 2082/83, mainly from India, Spain, China.

Source countryImport value (FY 2082/83)
IndiaRs 2.77 Crore
SpainRs 1.1 Lakh
ChinaRs 44,000
United KingdomRs 1,000

Related products

Crude soya-bean oilHS 1507.10.00 · 10% dutyCrude sunflower oilHS 1512.11.00 · 10% dutyCrude palm oilHS 1511.10.00 · 10% dutyRefined bleached deodorized palm oleinHS 1511.90.20 · 15% dutyTallowHS 1502.10.00 · 5% dutyRefined bleached deodorized palm oilHS 1511.90.10 · 15% dutyOther Edible preparations of fats and oils, nesHS 1517.90.00 · 15% dutyVegetable fats and oils and their fractions, hydrogenated, etcHS 1516.20.00 · 15% duty
Full landed-cost calculatorOpen 1515.30.00 in the tariffChapter 15