Customs duty on Rubies, sapphires and emeralds, worked but not set in Nepal

Rubies, sapphires and emeralds, worked but not set is classified under HS code 7103.91.00 (chapter 71, Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). It attracts 5% customs duty (general), plus 13% VAT on the CIF value and duty.

5%General duty
5%India & SAARC (SAFTA)
13%VAT
CaratCustoms 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 Rubies, sapphires and emeralds, worked but not set

Nepal imported about Rs 2.63 Crore of Rubies, sapphires and emeralds, worked but not set in FY 2082/83, mainly from India, Thailand, China.

Source countryImport value (FY 2082/83)
IndiaRs 83.1 Lakh
ThailandRs 12.6 Lakh
ChinaRs 47,000

Related products

Unwrought silver (incl silver plated with old or platinum)HS 7106.91.00 · 20% dutyPowder of silverHS 7106.10.00 · 20% dutySilverHS 7106.92.00 · 20% dutyGoldHS 7108.13.00 · 20% dutyImitation jewellery of base metal (incl p l ted), nesHS 7117.19.00 · 10% dutyArticles of precious or semi-precious ston s (excl pearls)HS 7116.20.00 · 10% dutyArticles of natural or cultured pearlsHS 7116.10.00 · 10% dutyOther unwrought gold (incl gold plated wi t platinum), non-monetaryHS 7108.12.00 · 20% duty
Full landed-cost calculatorOpen 7103.91.00 in the tariffChapter 71