Customs duty on Valves for the control of oleohydraulic or pneumatic transmission in Nepal

Q: What is the customs duty on Valves for the control of oleohydraulic or pneumatic transmission in Nepal?

The customs duty on Valves for the control of oleohydraulic or pneumatic transmission (HS 8481.20.00) is 10% (general). From India or another SAARC country under SAFTA, with a certificate of origin, it is 7.25%. On top of customs duty, 13% VAT applies on the CIF value plus duty.

Q: What is the HS code for Valves for the control of oleohydraulic or pneumatic transmission in Nepal?

The Nepal customs HS code for Valves for the control of oleohydraulic or pneumatic transmission is 8481.20.00 (chapter 84 — Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof).

Valves for the control of oleohydraulic or pneumatic transmission is classified under HS code 8481.20.00 (chapter 84, Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof). It attracts 10% customs duty (general), or 7.25% from India & SAARC under SAFTA, plus 13% VAT on the CIF value and duty.

10%General duty

7.25%India & SAARC (SAFTA)

13%VAT

nos/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)	10%	Rs 10,000	Rs 14,300	Rs 124,300
India & SAARC (with SAFTA certificate of origin)	7.25%	Rs 7,250	Rs 13,942	Rs 121,192

Importing from India or SAARC under SAFTA (with a certificate of origin) cuts the duty from 10% to 7.25% — about Rs 3,108 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 Valves for the control of oleohydraulic or pneumatic transmission

Nepal imported about Rs 28.23 Crore of Valves for the control of oleohydraulic or pneumatic transmission in FY 2082/83, mainly from India, China, Germany.

Source country	Import value (FY 2082/83)
India	Rs 8.99 Crore
China	Rs 2.43 Crore
Germany	Rs 92.0 Lakh
Hungary	Rs 73.0 Lakh
Japan	Rs 30.5 Lakh

Related products

Parts and accessories of weaving machines looms), nesHS 8448.49.00 · 5% duty Parts of valves and similar appliances of 481HS 8481.90.00 · 10% duty Parts of ball or roller bearings (excl ba l s, needles and rollers)HS 8482.99.00 · 5% duty Balls, needles and rollersHS 8482.91.00 · 5% duty Other appliances such as taps, cocks and o her valves, nesHS 8481.80.90 · 10% duty Ball bearings .HS 8482.10.00 · 5% duty Parts of air/vacuum pumps, of air/gas comp essors, of fans etcHS 8414.90.00 · 10% duty Spindles and spindle flyers, spinning ring and ring travellersHS 8448.33.00 · 5% duty

Full landed-cost calculator Open 8481.20.00 in the tariff Chapter 84