Customs duty on Ethylene-alpha-olefin copolymers, having a specific gravity of less than 0.94 in Nepal
Ethylene-alpha-olefin copolymers, having a specific gravity of less than 0.94 is classified under HS code 3901.40.00 (chapter 39, Plastics and articles 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
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)
6%
Rs 6,000
Rs 13,780
Rs 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 Ethylene-alpha-olefin copolymers, having a specific gravity of less than 0.94
Nepal imported about Rs 30.75 Arab of Ethylene-alpha-olefin copolymers, having a specific gravity of less than 0.94 in FY 2082/83, mainly from India, Singapore, Saudi Arabia.