Customs duty on Electrically operated wrist-watches, nes, ith case of precious metal in Nepal

Electrically operated wrist-watches, nes, ith case of precious metal is classified under HS code 9101.19.00 (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:

OriginCustoms dutyDuty amountVAT (13%)Landed cost
General (any origin)15%Rs 15,000Rs 14,950Rs 129,950
India & SAARC (with SAFTA certificate of origin)7.25%Rs 7,250Rs 13,942Rs 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, nes, ith case of precious metal

Nepal imported about Rs 13.4 Lakh of Electrically operated wrist-watches, nes, ith case of precious metal in FY 2082/83, mainly from China, United States, Italy.

Source countryImport value (FY 2082/83)
ChinaRs 35.2 Lakh
United StatesRs 26.1 Lakh
ItalyRs 25.1 Lakh
CanadaRs 17.8 Lakh
SwitzerlandRs 17.8 Lakh

Related products

Clocks or watch parts, nesHS 9114.90.00 · 10% dutyComplete watch movements, unassembled or p rtly assembledHS 9110.11.00 · 10% dutyElectrically operated watch movements, wit mechanical display onlyHS 9108.11.00 · 10% dutyElectrically operated wrist-watches, nes ( xclthose with case of precious metal)HS 9102.19.00 · 15% dutyDials for clocks and watchesHS 9114.30.00 · 10% dutyWall clocks (excl electrically operated) .HS 9105.29.00 · 10% dutyElectrically operated wrist-watches, mecha ical display only (excl of precious mHS 9102.11.00 · 15% dutyWall clocks, electrically operatedHS 9105.21.00 · 10% duty
Full landed-cost calculatorOpen 9101.19.00 in the tariffChapter 91