Customs duty on Palmitic acid, stearic acid, their salts and esters in Nepal

Palmitic acid, stearic acid, their salts and esters is classified under HS code 2915.70.00 (chapter 29, Organic Chemicals). It attracts 5% customs duty (general), plus 13% VAT on the CIF value and duty.

5%General duty
5%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:

OriginCustoms dutyDuty amountVAT (13%)Landed cost
General (any origin)5%Rs 5,000Rs 13,650Rs 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’s imports of Palmitic acid, stearic acid, their salts and esters

Nepal imported about Rs 57.05 Crore of Palmitic acid, stearic acid, their salts and esters in FY 2082/83, mainly from India, Korea, Republic of, China.

Source countryImport value (FY 2082/83)
IndiaRs 16.34 Crore
Korea, Republic ofRs 9.0 Lakh
ChinaRs 3.6 Lakh
FranceRs 28,000

Related products

Methanal (formaldehyde)HS 2912.11.00 · 5% dutyGlutamic acid and its saltsHS 2922.42.00 · 20% dutyPhenol (hydroxybenzene) and its saltsHS 2907.11.00 · 10% dutyEthyl acetateHS 2915.31.00 · 5% dutyMethanol (methyl alcohol)HS 2905.11.00 · 10% dutyLysine and its esters; salts thereofHS 2922.41.00 · 10% dutyCitric acidHS 2918.14.00 · 10% dutyMethionineHS 2930.40.00 · 10% duty
Full landed-cost calculatorOpen 2915.70.00 in the tariffChapter 29