Others electric stove is classified under HS code 8516.60.19 (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 attracts 5% 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) | 5% | Rs 5,000 | Rs 13,650 | Rs 118,650 |
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 95.9 Lakh of Others electric stove in FY 2082/83, mainly from China, India, Spain.
| Source country | Import value (FY 2082/83) |
|---|---|
| China | Rs 1.28 Crore |
| India | Rs 59.5 Lakh |
| Spain | Rs 5.4 Lakh |
| Korea, Republic of | Rs 24,000 |
| United Arab Emirates | Rs 9,000 |