Other Resistance heated furnaces and ovens is classified under HS code 8514.19.00 (chapter 85, Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles). It is imported duty-free (0% customs duty), plus 13% VAT on the CIF value.
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) | Free | Rs 0 | Rs 13,000 | Rs 113,000 |
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 5.35 Crore of Other Resistance heated furnaces and ovens in FY 2082/83, mainly from Italy, India, China.
| Source country | Import value (FY 2082/83) |
|---|---|
| Italy | Rs 2.15 Crore |
| India | Rs 97.4 Lakh |
| China | Rs 90.6 Lakh |
| Austria | Rs 57.2 Lakh |
| Germany | Rs 41.8 Lakh |
| Other countries (3) | Rs 33.0 Lakh |
| All countries | Rs 5.35 Crore |