Other oils or fractions of heading 15.09 (excel crude olive pomace oil) is classified under HS code 1510.90.00 (chapter 15, Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes). It attracts 10% customs duty (general), or 6% 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) | 10% | Rs 10,000 | Rs 14,300 | Rs 124,300 |
| India & SAARC (with SAFTA certificate of origin) | 6% | Rs 6,000 | Rs 13,780 | Rs 119,780 |
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 9.12 Crore of Other oils or fractions of heading 15.09 (excel crude olive pomace oil) in FY 2082/83, mainly from Turkey, Spain, Not_Specified.
| Source country | Import value (FY 2082/83) |
|---|---|
| Turkey | Rs 2.14 Crore |
| Spain | Rs 1.99 Crore |
| Not_Specified | Rs 48.8 Lakh |
| Italy | Rs 42.0 Lakh |
| India | Rs 26.7 Lakh |