Customs duty on Graduated compression hosiery (for example stockings for varicose veins) in Nepal
Graduated compression hosiery (for example stockings for varicose veins) is classified under HS code 6115.10.00 (chapter 61, Articles of apparel and clothing accessories, knitted or crocheted). It attracts 20% customs duty (general), plus 13% VAT on the CIF value and duty.
20%General duty
20%India & SAARC (SAFTA)
13%VAT
pairCustoms 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)
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’s imports of Graduated compression hosiery (for example stockings for varicose veins)
Nepal imported about Rs 19.35 Crore of Graduated compression hosiery (for example stockings for varicose veins) in FY 2082/83, mainly from India, China, Spain.