Customs duty on Glasses for corrective spectacles, not opt cally worked in Nepal
Glasses for corrective spectacles, not opt cally worked is classified under HS code 7015.10.00 (chapter 70, Glass and glassware). It attracts 5% customs duty (general), plus 13% VAT on the CIF value and duty.
5%General duty
5%India & SAARC (SAFTA)
13%VAT
kg/nosCustoms 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)
5%
Rs 5,000
Rs 13,650
Rs 118,650
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 Glasses for corrective spectacles, not opt cally worked
Nepal imported about Rs 17.1 Lakh of Glasses for corrective spectacles, not opt cally worked in FY 2082/83, mainly from India, Sweden, China.