Customs duty on Maize (corn) oil (excl. crude) & fractions,refined or not but not chemically modified in Nepal

Maize (corn) oil (excl. crude) & fractions,refined or not but not chemically modified is classified under HS code 1515.29.00 (chapter 15, Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). It attracts 15% customs duty (general), plus 13% VAT on the CIF value and duty.

15%General duty
15%India & SAARC (SAFTA)
13%VAT
kg/ltrCustoms 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)15%Rs 15,000Rs 14,950Rs 129,950

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 Maize (corn) oil (excl. crude) & fractions,refined or not but not chemically modified

Nepal imported about Rs 8.11 Crore of Maize (corn) oil (excl. crude) & fractions,refined or not but not chemically modified in FY 2082/83, mainly from Malaysia, Turkey, China.

Source countryImport value (FY 2082/83)
MalaysiaRs 1.72 Crore
TurkeyRs 29.4 Lakh
ChinaRs 16,000

Related products

Crude soya-bean oilHS 1507.10.00 · 10% dutyCrude sunflower oilHS 1512.11.00 · 10% dutyCrude palm oilHS 1511.10.00 · 10% dutyRefined bleached deodorized palm oleinHS 1511.90.20 · 15% dutyTallowHS 1502.10.00 · 5% dutyRefined bleached deodorized palm oilHS 1511.90.10 · 15% dutyOther Edible preparations of fats and oils, nesHS 1517.90.00 · 15% dutyVegetable fats and oils and their fractions, hydrogenated, etcHS 1516.20.00 · 15% duty
Full landed-cost calculatorOpen 1515.29.00 in the tariffChapter 15