Gold is classified under HS code 7108.13.00 (chapter 71, Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). It attracts 20% 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) | 20% | Rs 20,000 | Rs 15,600 | Rs 135,600 |
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 1.40 Arab of Gold in FY 2082/83, mainly from United Arab Emirates, Qatar, Saudi Arabia.
| Source country | Import value (FY 2082/83) |
|---|---|
| United Arab Emirates | Rs 26.77 Arab |
| Qatar | Rs 21.4 Lakh |
| Saudi Arabia | Rs 11.1 Lakh |
| Thailand | Rs 5.9 Lakh |
| United States | Rs 5.2 Lakh |