Monitor having diagnal lenth upto 23 inch design for use of heading 8471 is classified under HS code 8528.52.10 (chapter 85, Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles). It attracts 5% customs duty (general), 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) | 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 10.98 Crore of Monitor having diagnal lenth upto 23 inch design for use of heading 8471 in FY 2082/83, mainly from China, Not_Specified, India.
| Source country | Import value (FY 2082/83) |
|---|---|
| China | Rs 45.79 Crore |
| Not_Specified | Rs 2.32 Crore |
| India | Rs 94.3 Lakh |
| United States | Rs 50.2 Lakh |
| Slovenia | Rs 39.8 Lakh |