Machines which perform multi functions(pri ting,copying or fax etc)on or without is classified under HS code 8443.31.00 (chapter 84, Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof). It attracts 10% customs duty (general), or 5% from India & SAARC under SAFTA, plus 13% VAT on the CIF value and duty.
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) | 5% | Rs 5,000 | Rs 13,650 | Rs 118,650 |
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 imported about Rs 5.36 Crore of Machines which perform multi functions(pri ting,copying or fax etc)on or without in FY 2082/83, mainly from Viet Nam, Philippines, Korea, Republic of.
| Source country | Import value (FY 2082/83) |
|---|---|
| Viet Nam | Rs 54.31 Crore |
| Philippines | Rs 18.75 Crore |
| Korea, Republic of | Rs 13.93 Crore |
| China | Rs 13.86 Crore |
| Thailand | Rs 4.18 Crore |