Fabric, >=5% by weight of elastomeric yarn but without rubber thread, of a width is classified under HS code 6004.10.00 (chapter 60, Knitted or crocheted fabrics). It attracts 15% customs duty (general), 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) | 15% | Rs 15,000 | Rs 14,950 | Rs 129,950 |
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 4.92 Crore of Fabric, >=5% by weight of elastomeric yarn but without rubber thread, of a width in FY 2082/83, mainly from China, Portugal, India.
| Source country | Import value (FY 2082/83) |
|---|---|
| China | Rs 3.05 Crore |
| Portugal | Rs 11.4 Lakh |
| India | Rs 7.6 Lakh |
| Thailand | Rs 1,000 |