Extracts, essences, concentrates and preparations of tea or mat is classified under HS code 2101.20.00 (chapter 21, Miscellaneous edible preparations). It attracts 30% customs duty (general), or 6% 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) | 30% | Rs 30,000 | Rs 16,900 | Rs 146,900 |
| India & SAARC (with SAFTA certificate of origin) | 6% | Rs 6,000 | Rs 13,780 | Rs 119,780 |
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 13.76 Crore of Extracts, essences, concentrates and preparations of tea or mat in FY 2082/83, mainly from Malaysia, India, Malta.
| Source country | Import value (FY 2082/83) |
|---|---|
| Malaysia | Rs 3.03 Crore |
| India | Rs 2.70 Crore |
| Malta | Rs 97.0 Lakh |
| Not_Specified | Rs 47.6 Lakh |
| China | Rs 39.2 Lakh |