Customs duty on Exfoliated vermiculite, expanded clays, et (incl intermixtures) in Nepal
Exfoliated vermiculite, expanded clays, et (incl intermixtures) is classified under HS code 6806.20.00 (chapter 68, Articles of stone, plaster, cement, asbestos, mica or similar materials). 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 Exfoliated vermiculite, expanded clays, et (incl intermixtures)
Nepal imported about Rs 11.23 Crore of Exfoliated vermiculite, expanded clays, et (incl intermixtures) in FY 2082/83, mainly from Mexico, India, Spain.