Parts for spark-ignition internal combustion piston engines Of motor vehicle is classified under HS code 8409.91.10 (chapter 84, Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof). It attracts 15% customs duty (general), or 7.25% 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) | 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 |
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 82.33 Crore of Parts for spark-ignition internal combustion piston engines Of motor vehicle in FY 2082/83, mainly from India, China, Japan.
| Source country | Import value (FY 2082/83) |
|---|---|
| India | Rs 48.90 Crore |
| China | Rs 79.9 Lakh |
| Japan | Rs 21.5 Lakh |
| Korea, Republic of | Rs 19.2 Lakh |
| Thailand | Rs 5.2 Lakh |