Imitation jewellery (excl of base metal) n s is classified under HS code 7117.90.00 (chapter 71, Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). It attracts 10% customs duty (general), or 7.25% from India & SAARC under SAFTA, 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) | 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 |
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 9.05 Crore of Imitation jewellery (excl of base metal) n s in FY 2082/83, mainly from China, India, Malaysia.
| Source country | Import value (FY 2082/83) |
|---|---|
| China | Rs 10.33 Crore |
| India | Rs 1.56 Crore |
| Malaysia | Rs 27.4 Lakh |
| Thailand | Rs 3.5 Lakh |
| Ireland | Rs 2.9 Lakh |