Customs duty on Keyboard instruments with electrically pro uced or amplified sound in Nepal
Keyboard instruments with electrically pro uced or amplified sound is classified under HS code 9207.10.00 (chapter 92, Musical instruments; parts and accessories of such articles). It attracts 15% customs duty (general), or 5% from India & SAARC under SAFTA, plus 13% VAT on the CIF value and duty.
15%General duty
5%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:
Origin
Customs duty
Duty amount
VAT (13%)
Landed cost
General (any origin)
15%
Rs 15,000
Rs 14,950
Rs 129,950
India & SAARC (with SAFTA certificate of origin)
5%
Rs 5,000
Rs 13,650
Rs 118,650
Importing from India or SAARC under SAFTA (with a certificate of origin) cuts the duty from 15% to 5% — about Rs 11,300 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 Keyboard instruments with electrically pro uced or amplified sound
Nepal imported about Rs 1.08 Crore of Keyboard instruments with electrically pro uced or amplified sound in FY 2082/83, mainly from China, India, Italy.