Customs duty on Instrument panel clocks and clocks of a si ilar type for vehicles in Nepal

Instrument panel clocks and clocks of a si ilar type for vehicles is classified under HS code 9104.00.00 (chapter 91, Clocks and watches and parts thereof). 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 Instrument panel clocks and clocks of a si ilar type for vehicles

Nepal imported about Rs 18.4 Lakh of Instrument panel clocks and clocks of a si ilar type for vehicles in FY 2082/83, mainly from France, India.

Source countryImport value (FY 2082/83)
FranceRs 18.2 Lakh
IndiaRs 20,000
All countriesRs 18.4 Lakh

Related products

Wrist-watches,with automatic winding (excl of precious metal)HS 9102.21.00 · 15% dutyElectrically operated wrist-watches, mecha ical display only (excl of precious mHS 9102.11.00 · 15% dutyTime-registers; time-recordersHS 9106.10.00 · 10% dutyElectrically operated wrist-watches, nes ( xclthose with case of precious metal)HS 9102.19.00 · 15% dutyClocks or watch parts, nesHS 9114.90.00 · 10% dutyElectrically operated watch movements, wit mechanical display onlyHS 9108.11.00 · 10% dutyDials for clocks and watchesHS 9114.30.00 · 10% dutyWall clocks (excl electrically operated) .HS 9105.29.00 · 10% duty
Full landed-cost calculatorOpen 9104.00.00 in the tariffChapter 91