Customs duty on Sewing needles, knitting needles, bodkins, crochet hooks, etc, of iron or steel in Nepal
Sewing needles, knitting needles, bodkins, crochet hooks, etc, of iron or steel is classified under HS code 7319.90.00 (chapter 73, Articles of iron and steel). 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 Sewing needles, knitting needles, bodkins, crochet hooks, etc, of iron or steel
Nepal imported about Rs 21.04 Crore of Sewing needles, knitting needles, bodkins, crochet hooks, etc, of iron or steel in FY 2082/83, mainly from China, India, Korea, Republic of.