Customs duty on Iron or steel wool, pot scourers, scouring or polishing pads, gloves in Nepal
Iron or steel wool, pot scourers, scouring or polishing pads, gloves is classified under HS code 7323.10.00 (chapter 73, Articles of iron and steel). It attracts 10% customs duty (general), or 7.25% from India & SAARC under SAFTA, plus 13% VAT on the CIF value and duty.
10%General duty
7.25%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)
10%
Rs 10,000
Rs 14,300
Rs 124,300
India & SAARC (with SAFTA certificate of origin)
7.25%
Rs 7,250
Rs 13,942
Rs 121,192
Importing from India or SAARC under SAFTA (with a certificate of origin) cuts the duty from 10% to 7.25% — about Rs 3,108 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 Iron or steel wool, pot scourers, scouring or polishing pads, gloves
Nepal imported about Rs 16.87 Crore of Iron or steel wool, pot scourers, scouring or polishing pads, gloves in FY 2082/83, mainly from China, India, Thailand.