Customs duty on Electrically operated wrist-watches, mecha ical display only, case of precious m in Nepal

Q: What is the customs duty on Electrically operated wrist-watches, mecha ical display only, case of precious m in Nepal?

The customs duty on Electrically operated wrist-watches, mecha ical display only, case of precious m (HS 9101.11.00) 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 Electrically operated wrist-watches, mecha ical display only, case of precious m in Nepal?

The Nepal customs HS code for Electrically operated wrist-watches, mecha ical display only, case of precious m is 9101.11.00 (chapter 91 — Clocks and watches and parts thereof).

Electrically operated wrist-watches, mecha ical display only, case of precious m is classified under HS code 9101.11.00 (chapter 91, Clocks and watches and parts thereof). 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

nosCustoms 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 Electrically operated wrist-watches, mecha ical display only, case of precious m

Nepal imported about Rs 53.6 Lakh of Electrically operated wrist-watches, mecha ical display only, case of precious m in FY 2082/83, mainly from Switzerland, Kuwait, Qatar.

Source country	Import value (FY 2082/83)
Switzerland	Rs 2.49 Crore
Kuwait	Rs 4.5 Lakh
Qatar	Rs 4.2 Lakh
China	Rs 1.7 Lakh
Australia	Rs 1.5 Lakh

Related products

Clocks or watch parts, nesHS 9114.90.00 · 10% duty Complete watch movements, unassembled or p rtly assembledHS 9110.11.00 · 10% duty Electrically operated watch movements, wit mechanical display onlyHS 9108.11.00 · 10% duty Electrically operated wrist-watches, nes ( xclthose with case of precious metal)HS 9102.19.00 · 15% duty Dials for clocks and watchesHS 9114.30.00 · 10% duty Wall clocks (excl electrically operated) .HS 9105.29.00 · 10% duty Electrically operated wrist-watches, mecha ical display only (excl of precious mHS 9102.11.00 · 15% duty Wall clocks, electrically operatedHS 9105.21.00 · 10% duty

Full landed-cost calculator Open 9101.11.00 in the tariff Chapter 91