New pneumatic tyres, of rubber for aircraf is classified under HS code 4011.30.00 (chapter 40, Rubber and articles thereof). It attracts 20% customs duty (general), or 9.5% 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) | 20% | Rs 20,000 | Rs 15,600 | Rs 135,600 |
| India & SAARC (with SAFTA certificate of origin) | 9.5% | Rs 9,500 | Rs 14,235 | Rs 123,735 |
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 20.1 Lakh of New pneumatic tyres, of rubber for aircraf in FY 2082/83, mainly from Thailand, France, United States.
| Source country | Import value (FY 2082/83) |
|---|---|
| Thailand | Rs 11.52 Crore |
| France | Rs 5.66 Crore |
| United States | Rs 3.02 Crore |
| Czech Republic | Rs 92.7 Lakh |
| Malaysia | Rs 16.9 Lakh |