Customs duty on Flat-rolled iron or non-alloy steel, width <600mm, clad in Nepal
Flat-rolled iron or non-alloy steel, width <600mm, clad is classified under HS code 7212.60.00 (chapter 72, Iron and steel). It attracts 30% customs duty (general), plus 13% VAT on the CIF value and duty.
30%General duty
30%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)
30%
Rs 30,000
Rs 16,900
Rs 146,900
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 Flat-rolled iron or non-alloy steel, width <600mm, clad
Nepal imported about Rs 1.47 Crore of Flat-rolled iron or non-alloy steel, width <600mm, clad in FY 2082/83, mainly from India.