Freezers of the upright type, capacity =<9 0litres is classified under HS code 8418.40.00 (chapter 84, Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof). 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 29.3 Lakh of Freezers of the upright type, capacity =<9 0litres in FY 2082/83, mainly from China, India, Saudi Arabia.
| Source country | Import value (FY 2082/83) |
|---|---|
| China | Rs 7.87 Crore |
| India | Rs 2.06 Crore |
| Saudi Arabia | Rs 2,000 |