Customs duty on Planes, chisels, gouges and similar cuttin tools for working wood in Nepal
Planes, chisels, gouges and similar cuttin tools for working wood is classified under HS code 8205.30.00 (chapter 82, Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal). It attracts 5% customs duty (general), plus 13% VAT on the CIF value and duty.
5%General duty
5%India & SAARC (SAFTA)
13%VAT
nos/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:
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’s imports of Planes, chisels, gouges and similar cuttin tools for working wood
Nepal imported about Rs 24.05 Crore of Planes, chisels, gouges and similar cuttin tools for working wood in FY 2082/83, mainly from India, China, Korea, Republic of.