Customs duty on springs and leaves for springs of iron or teel for Rickshaws in Nepal

springs and leaves for springs of iron or teel for Rickshaws is classified under HS code 7320.10.10 (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:

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 springs and leaves for springs of iron or teel for Rickshaws

Nepal imported about Rs 1.05 Crore of springs and leaves for springs of iron or teel for Rickshaws in FY 2082/83, mainly from India, China.

Source countryImport value (FY 2082/83)
IndiaRs 36.6 Lakh
ChinaRs 11,000

Related products

springs and leaves for spring of iron or s eel for vehicles other than RickshawsHS 7320.10.90 · 15% dutyTanks, casks, drums (excl for gas) of iron or steel, <50 lHS 7310.29.00 · 15% dutyStructures and parts of structures, nes, o iron or steelHS 7308.90.00 · 20% dutyTowers and lattice masts of iron or steelHS 7308.20.00 · 20% dutyParts of appliances of 732111 to 732189, o iron or steelHS 7321.90.00 · 5% dutyIron/steel tubes, riveted, >4064mm extern a diameterHS 7305.90.00 · 20% dutyStranded wire, cables of iron or steel, no electically insulatedHS 7312.10.00 · 30% dutyIron/steel line pipe, spirally welded, ci cular x-section,>4064mm ext diamHS 7305.19.00 · 20% duty
Full landed-cost calculatorOpen 7320.10.10 in the tariffChapter 73