Slide fasteners not fitted with chain scoo s of base metal is classified under HS code 9607.19.00 (chapter 96, Miscellaneous manufactured articles). It attracts 15% customs duty (general), or 9.5% from India & SAARC under SAFTA, 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) | 15% | Rs 15,000 | Rs 14,950 | Rs 129,950 |
| India & SAARC (with SAFTA certificate of origin) | 9.5% | Rs 9,500 | Rs 14,235 | Rs 123,735 |
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 63.49 Crore of Slide fasteners not fitted with chain scoo s of base metal in FY 2082/83, mainly from China, India, Taiwan, Province of China.
| Source country | Import value (FY 2082/83) |
|---|---|
| China | Rs 26.22 Crore |
| India | Rs 4.57 Crore |
| Taiwan, Province of China | Rs 4.0 Lakh |
| Japan | Rs 83,000 |
| United Kingdom | Rs 43,000 |