Customs duty on Other - Line pipe used for oil or gas pipe ines in Nepal
Other - Line pipe used for oil or gas pipe ines is classified under HS code 7304.19.00 (chapter 73, Articles of iron and steel). It attracts 20% customs duty (general), plus 13% VAT on the CIF value and duty.
20%General duty
20%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)
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’s imports of Other - Line pipe used for oil or gas pipe ines
Nepal imported about Rs 1.08 Arab of Other - Line pipe used for oil or gas pipe ines in FY 2082/83, mainly from China, India, France.