Customs duty on Hot-rolled stainless steel, in coils, >=60 mm width & >=3 & <475mm thickness in Nepal

Q: What is the customs duty on Hot-rolled stainless steel, in coils, >=60 mm width & >=3 & <475mm thickness in Nepal?

The customs duty on Hot-rolled stainless steel, in coils, >=60 mm width & >=3 & <475mm thickness (HS 7219.13.00) is 5% (general). On top of customs duty, 13% VAT applies on the CIF value plus duty.

Q: What is the HS code for Hot-rolled stainless steel, in coils, >=60 mm width & >=3 & <475mm thickness in Nepal?

The Nepal customs HS code for Hot-rolled stainless steel, in coils, >=60 mm width & >=3 & <475mm thickness is 7219.13.00 (chapter 72 — Iron and steel).

Hot-rolled stainless steel, in coils, >=60 mm width & >=3 & <475mm thickness is classified under HS code 7219.13.00 (chapter 72, Iron and steel). It attracts 5% customs duty (general), plus 13% VAT on the CIF value and duty.

5%General duty

5%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)	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 Hot-rolled stainless steel, in coils, >=60 mm width & >=3 & <475mm thickness

Nepal imported about Rs 11.33 Crore of Hot-rolled stainless steel, in coils, >=60 mm width & >=3 & <475mm thickness in FY 2082/83, mainly from India, China.

Source country	Import value (FY 2082/83)
India	Rs 2.72 Crore
China	Rs 17.5 Lakh

Related products

Ferrous products obtained by direct reduct on of iron ore,in lumps,pellets or siHS 7203.10.00 · 5% duty Flat/hot-rolled iron/steel,in colis, width >=600mm, not pickled,<3mm thicknessHS 7208.39.00 · 5% duty Semi-finished products of iron or non-allo steel, <025% carbon, nesHS 7207.19.00 · 5% duty Bar & rods, hot-rolled circular cross-sect on measuring <=8mm in diameterHS 7213.91.10 · 5% duty Non-alloy pig iron containing, =<05% phos p orus, in pigs, blocks or other primerHS 7201.10.00 · 5% duty Flat-rolled iron/steel, width >=600mm, <0 5 m thickness, clad, plated or coated wHS 7210.12.00 · 5% duty Flat/hot-rolled iron/steel,not in coils, w dth >=600mm, > 10mm thicknessHS 7208.51.00 · 5% duty Flat/hot-rolled iron/steel,in coils, width =600mm,not pickled,>=3mm but<475mm thHS 7208.38.00 · 5% duty

Full landed-cost calculator Open 7219.13.00 in the tariff Chapter 72