Metal furniture, nes (excl seats and iron i g table) is classified under HS code 9403.20.90 (chapter 94, Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; luminaires and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated buildings). It attracts 30% customs duty (general), or 11.25% 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) | 30% | Rs 30,000 | Rs 16,900 | Rs 146,900 |
| India & SAARC (with SAFTA certificate of origin) | 11.25% | Rs 11,250 | Rs 14,462 | Rs 125,712 |
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 40.60 Crore of Metal furniture, nes (excl seats and iron i g table) in FY 2082/83, mainly from China, India, United States.
| Source country | Import value (FY 2082/83) |
|---|---|
| China | Rs 23.36 Crore |
| India | Rs 22.00 Crore |
| United States | Rs 37.3 Lakh |
| Thailand | Rs 12.7 Lakh |
| Italy | Rs 10.3 Lakh |