Electric heating resistors (excl those of 545) is classified under HS code 8516.80.00 (chapter 85, Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles). It attracts 10% customs duty (general), or 7.25% 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) | 7.25% | Rs 7,250 | Rs 13,942 | Rs 121,192 |
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 59.54 Crore of Electric heating resistors (excl those of 545) in FY 2082/83, mainly from China, India, Poland.
| Source country | Import value (FY 2082/83) |
|---|---|
| China | Rs 5.74 Crore |
| India | Rs 2.16 Crore |
| Poland | Rs 18.0 Lakh |
| Italy | Rs 10.2 Lakh |
| Germany | Rs 7.9 Lakh |