Customs duty on Non-threaded articles such as rivets, cott rs, cotter-pins of copper in Nepal

Q: What is the customs duty on Non-threaded articles such as rivets, cott rs, cotter-pins of copper in Nepal?

The customs duty on Non-threaded articles such as rivets, cott rs, cotter-pins of copper (HS 7415.29.00) is 15% (general). From India or another SAARC country under SAFTA, with a certificate of origin, it is 7.25%. On top of customs duty, 13% VAT applies on the CIF value plus duty.

Q: What is the HS code for Non-threaded articles such as rivets, cott rs, cotter-pins of copper in Nepal?

The Nepal customs HS code for Non-threaded articles such as rivets, cott rs, cotter-pins of copper is 7415.29.00 (chapter 74 — Copper and articles thereof).

Non-threaded articles such as rivets, cott rs, cotter-pins of copper is classified under HS code 7415.29.00 (chapter 74, Copper and articles thereof). It attracts 15% customs duty (general), or 7.25% from India & SAARC under SAFTA, plus 13% VAT on the CIF value and duty.

15%General duty

7.25%India & SAARC (SAFTA)

13%VAT

kgCustoms 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:

Origin	Customs duty	Duty amount	VAT (13%)	Landed cost
General (any origin)	15%	Rs 15,000	Rs 14,950	Rs 129,950
India & SAARC (with SAFTA certificate of origin)	7.25%	Rs 7,250	Rs 13,942	Rs 121,192

Importing from India or SAARC under SAFTA (with a certificate of origin) cuts the duty from 15% to 7.25% — about Rs 8,758 less on this Rs 100,000 example, once the VAT on the saved duty is counted. How SAFTA & the certificate of origin work →

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 Non-threaded articles such as rivets, cott rs, cotter-pins of copper

Nepal imported about Rs 30.5 Lakh of Non-threaded articles such as rivets, cott rs, cotter-pins of copper in FY 2082/83, mainly from India, Belgium, Not_Specified.

Source country	Import value (FY 2082/83)
India	Rs 36.2 Lakh
Belgium	Rs 35,000
Not_Specified	Rs 34,000
United States	Rs 32,000
Viet Nam	Rs 22,000

Related products

Wire of refined copper, maximum cross-sect onal dimension >6mmHS 7408.11.00 · 5% duty Table, kitchen or other household articles nd parts thereof;pot scourers and scoHS 7418.10.00 · 20% duty Copper waste and scrapHS 7404.00.00 · 5% duty Wire of refined copper, maximum cross-sect onal dimension =<6mmHS 7408.19.00 · 5% duty Tube or pipe fittings of copper alloysHS 7412.20.00 · 15% duty Bars,rods and profiles of brassHS 7407.21.00 · 5% duty Tubes and pipes of refined copperHS 7411.10.00 · 10% duty Other article of copperHS 7419.80.00 · 15% duty

Full landed-cost calculator Open 7415.29.00 in the tariff Chapter 74