What is the customs duty on Erasers, of vulcanized rubber in Nepal?

The customs duty on Erasers, of vulcanized rubber (HS 4016.92.00) is 10% (general). From India or another SAARC country under SAFTA, with a certificate of origin, it is 6%. On top of customs duty, 13% VAT applies on the CIF value plus duty.

What is the HS code for Erasers, of vulcanized rubber in Nepal?

The Nepal customs HS code for Erasers, of vulcanized rubber is 4016.92.00 (chapter 40 — Rubber and articles thereof).

Customs duty on Erasers, of vulcanized rubber in Nepal

Erasers, of vulcanized rubber is classified under HS code 4016.92.00 (chapter 40, Rubber and articles thereof). 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

kgCustoms 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)	10%	Rs 10,000	Rs 14,300	Rs 124,300
India & SAARC (with SAFTA certificate of origin)	6%	Rs 6,000	Rs 13,780	Rs 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 Erasers, of vulcanized rubber

Nepal imported about Rs 38.27 Crore of Erasers, of vulcanized rubber in FY 2082/83, mainly from India, China, Japan.

Source country	Import value (FY 2082/83)
India	Rs 3.92 Crore
China	Rs 1.09 Crore
Japan	Rs 4.4 Lakh
Korea, Republic of	Rs 2.0 Lakh
Viet Nam	Rs 99,000

Related products

Other gaskets, washers and sealsHS 4016.93.90 · 15% duty Sheath contraceptivesHS 4014.10.00 · Free duty Hygienic or pharmaceutical articles of vulcanized rubber, nesHS 4014.90.00 · 5% duty Gloves mittens and mitts of vulcanized rubber (excl surgical gloves)HS 4015.19.00 · 15% duty Gaskets, washers and other seals used in motor vehiclesHS 4016.93.10 · 15% duty Treads of rubberHS 4012.90.10 · 20% duty Latex of styrene-butadiene or carboxylated styrene-butadiene rubberHS 4002.11.00 · 5% duty Floor coverings and mats of vulcanized rubber, non-cellularHS 4016.91.00 · 15% duty

Full landed-cost calculator Open 4016.92.00 in the tariff Chapter 40