Stoppers, lids, caps and other closures of plastics is classified under HS code 3923.50.00 (chapter 39, Plastics and articles thereof). It attracts 20% customs duty (general), 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) | 20% | Rs 20,000 | Rs 15,600 | Rs 135,600 |
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 1.77 Arab of Stoppers, lids, caps and other closures of plastics in FY 2082/83, mainly from India, China, Thailand.
| Source country | Import value (FY 2082/83) |
|---|---|
| India | Rs 77.78 Crore |
| China | Rs 11.39 Crore |
| Thailand | Rs 6.37 Crore |
| Lithuania | Rs 98.9 Lakh |
| Viet Nam | Rs 41.4 Lakh |