Parts of machinery for preparing leath er, making footware, etc is classified under HS code 8453.90.00 (chapter 84, Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof). 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 1.46 Crore of Parts of machinery for preparing leath er, making footware, etc in FY 2082/83, mainly from China, India, Taiwan, Province of China.
| Source country | Import value (FY 2082/83) |
|---|---|
| China | Rs 78.4 Lakh |
| India | Rs 33.6 Lakh |
| Taiwan, Province of China | Rs 5.8 Lakh |
| Italy | Rs 4.5 Lakh |