What is the HS code for Other vessels; life boats, other than rowi g boats in Nepal?

The Nepal customs HS code for Other vessels; life boats, other than rowi g boats is 8906.90.00 (chapter 89 — Ships, boats and floating structures).

Customs duty on Other vessels; life boats, other than rowi g boats in Nepal

Q: What is the customs duty on Other vessels; life boats, other than rowi g boats in Nepal?

The customs duty on Other vessels; life boats, other than rowi g boats (HS 8906.90.00) 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.

Other vessels; life boats, other than rowi g boats is classified under HS code 8906.90.00 (chapter 89, Ships, boats and floating structures). 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

nosCustoms 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 Other vessels; life boats, other than rowi g boats

Nepal imported about Rs 44.3 Lakh of Other vessels; life boats, other than rowi g boats in FY 2082/83, mainly from China, India.

Source country	Import value (FY 2082/83)
China	Rs 42.1 Lakh
India	Rs 2.1 Lakh
All countries	Rs 44.3 Lakh

Related products

Inflatable rafts .HS 8907.10.00 · 10% duty Fitted or designed to be fitted with a motor, unladen(net) weight not exceeding 100kgHS 8903.11.00 · 5% duty Floating structures (eg tanks, coffer-dams landing-stages, buoys and beacons)HS 8907.90.00 · 10% duty Other unflatable boatsHS 8903.19.00 · 5% duty Cruise ships, excursion boats, etc, for pe ple; ferry boatsHS 8901.10.00 · 5% duty Not designed for use with a motor and unladen (net) weight not exceeding 100 kgHS 8903.12.00 · 5% duty

Full landed-cost calculator Open 8906.90.00 in the tariff Chapter 89