Customs duty on Line pipe used for oil or gas pipelines of stainless steel in Nepal
Line pipe used for oil or gas pipelines of stainless steel is classified under HS code 7304.11.00 (chapter 73, Articles of iron and steel). It attracts 20% customs duty (general), plus 13% VAT on the CIF value and duty.
20%General duty
20%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)
20%
Rs 20,000
Rs 15,600
Rs 135,600
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 Line pipe used for oil or gas pipelines of stainless steel
Nepal imported about Rs 8.61 Crore of Line pipe used for oil or gas pipelines of stainless steel in FY 2082/83, mainly from India, China, Thailand.