Crude soya-bean oil is classified under HS code 1507.10.00 (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 5% from India & SAARC under SAFTA, plus 13% VAT on the CIF value and duty.
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) | 5% | Rs 5,000 | Rs 13,650 | Rs 118,650 |
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 imported about Rs 801.30 Arab of Crude soya-bean oil in FY 2082/83, mainly from Argentina, Brazil, China.
| Source country | Import value (FY 2082/83) |
|---|---|
| Argentina | Rs 98.84 Arab |
| Brazil | Rs 17.39 Arab |
| China | Rs 10.55 Arab |
| Thailand | Rs 2.36 Arab |
| Paraguay | Rs 1.91 Arab |