Customs duty on Inflatable rafts . in Nepal

Inflatable rafts . is classified under HS code 8907.10.00 (chapter 89, Ships, boats and floating structures). It attracts 10% customs duty (general), or 6% from India & SAARC under SAFTA, plus 13% VAT on the CIF value and duty.

10%General duty
6%India & SAARC (SAFTA)
13%VAT
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:

OriginCustoms dutyDuty amountVAT (13%)Landed cost
General (any origin)10%Rs 10,000Rs 14,300Rs 124,300
India & SAARC (with SAFTA certificate of origin)6%Rs 6,000Rs 13,780Rs 119,780
Importing from India or SAARC under SAFTA (with a certificate of origin) cuts the duty from 10% to 6% — about Rs 4,520 less on this Rs 100,000 example, once the VAT on the saved duty is counted. How SAFTA & the certificate of origin work →

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 Inflatable rafts .

Nepal imported about Rs 2.76 Crore of Inflatable rafts . in FY 2082/83, mainly from Canada, India, China.

Source countryImport value (FY 2082/83)
CanadaRs 1.35 Crore
IndiaRs 1.02 Crore
ChinaRs 36.5 Lakh
United StatesRs 2.2 Lakh
All countriesRs 2.76 Crore

Related products

Other vessels; life boats, other than rowi g boatsHS 8906.90.00 · 15% dutyFitted or designed to be fitted with a motor, unladen(net) weight not exceeding 100kgHS 8903.11.00 · 5% dutyFloating structures (eg tanks, coffer-dams landing-stages, buoys and beacons)HS 8907.90.00 · 10% dutyOther unflatable boatsHS 8903.19.00 · 5% dutyCruise ships, excursion boats, etc, for pe ple; ferry boatsHS 8901.10.00 · 5% dutyNot designed for use with a motor and unladen (net) weight not exceeding 100 kgHS 8903.12.00 · 5% duty
Full landed-cost calculatorOpen 8907.10.00 in the tariffChapter 89