Customs duty on Prepared leather of goats of kids, without wool or hair on, exclheading 4114 in Nepal
Prepared leather of goats of kids, without wool or hair on, exclheading 4114 is classified under HS code 4113.10.00 (chapter 41, Raw hides and skins (other than furskins) and leather). 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:
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 Prepared leather of goats of kids, without wool or hair on, exclheading 4114
Nepal imported about Rs 2.25 Crore of Prepared leather of goats of kids, without wool or hair on, exclheading 4114 in FY 2082/83, mainly from India, Italy, Spain.