Organic composite solvents and thinners, nes; paint or varnish removers is classified under HS code 3814.00.00 (chapter 38, Miscellaneous chemical products). It attracts 15% 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) | 15% | Rs 15,000 | Rs 14,950 | Rs 129,950 |
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 1.03 Arab of Organic composite solvents and thinners, nes; paint or varnish removers in FY 2082/83, mainly from India, Netherlands, United Kingdom.
| Source country | Import value (FY 2082/83) |
|---|---|
| India | Rs 16.63 Crore |
| Netherlands | Rs 1.27 Crore |
| United Kingdom | Rs 85.7 Lakh |
| China | Rs 69.7 Lakh |
| Spain | Rs 18.5 Lakh |