Customs duty on Hot-rolled iron or non-alloy steel bars & ods, in irregularly wound coils, nes in Nepal
Hot-rolled iron or non-alloy steel bars & ods, in irregularly wound coils, nes is classified under HS code 7213.99.00 (chapter 72, Iron and steel). It attracts 15% customs duty (general), plus 13% VAT on the CIF value and duty.
15%General duty
15%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)
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’s imports of Hot-rolled iron or non-alloy steel bars & ods, in irregularly wound coils, nes
Nepal imported about Rs 23.2 Lakh of Hot-rolled iron or non-alloy steel bars & ods, in irregularly wound coils, nes in FY 2082/83, mainly from China, Italy, India.