Customs duty on Time switches with clock or watch movement or with synchronous motor in Nepal

Time switches with clock or watch movement or with synchronous motor is classified under HS code 9107.00.00 (chapter 91, Clocks and watches and parts thereof). It attracts 10% customs duty (general), or 6% from India & SAARC under SAFTA, plus 13% VAT on the CIF value and duty.

10%General duty
6%India & SAARC (SAFTA)
13%VAT
nosCustoms 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)10%Rs 10,000Rs 14,300Rs 124,300
India & SAARC (with SAFTA certificate of origin)6%Rs 6,000Rs 13,780Rs 119,780
Importing from India or SAARC under SAFTA (with a certificate of origin) cuts the duty from 10% to 6% — about Rs 4,520 less on this Rs 100,000 example, once the VAT on the saved duty is counted. How SAFTA & the certificate of origin work →

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 Time switches with clock or watch movement or with synchronous motor

Nepal imported about Rs 29.3 Lakh of Time switches with clock or watch movement or with synchronous motor in FY 2082/83, mainly from India, China, Hong Kong.

Source countryImport value (FY 2082/83)
IndiaRs 21.3 Lakh
ChinaRs 3.5 Lakh
Hong KongRs 1,000
QatarRs 1,000

Related products

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Full landed-cost calculatorOpen 9107.00.00 in the tariffChapter 91