New pneumatic tyres, of rubber of a kind used on buses or lorries is classified under HS code 4011.20.00 (chapter 40, Rubber and articles thereof). It attracts 20% 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) | 20% | Rs 20,000 | Rs 15,600 | Rs 135,600 |
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 33.06 Crore of New pneumatic tyres, of rubber of a kind used on buses or lorries in FY 2082/83, mainly from India, China, Thailand.
| Source country | Import value (FY 2082/83) |
|---|---|
| India | Rs 4.84 Arab |
| China | Rs 67.34 Crore |
| Thailand | Rs 1.10 Crore |
| France | Rs 53.9 Lakh |
| Turkey | Rs 7.8 Lakh |