Finishing agents, etc, of a kind used in the textile or like industries nes is classified under HS code 3809.91.00 (chapter 38, Miscellaneous chemical products). It attracts 10% customs duty (general), or 7.25% 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) | 10% | Rs 10,000 | Rs 14,300 | Rs 124,300 |
| India & SAARC (with SAFTA certificate of origin) | 7.25% | Rs 7,250 | Rs 13,942 | Rs 121,192 |
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 1.55 Arab of Finishing agents, etc, of a kind used in the textile or like industries nes in FY 2082/83, mainly from India, China, Taiwan, Province of China.
| Source country | Import value (FY 2082/83) |
|---|---|
| India | Rs 30.67 Crore |
| China | Rs 2.98 Crore |
| Taiwan, Province of China | Rs 48.5 Lakh |
| Malaysia | Rs 3,000 |
| United States | Rs 0 |