Customs duty on Multiple or cabled yarn of jute or of othe textile bast fibres of heading 5303 in Nepal

Q: What is the customs duty on Multiple or cabled yarn of jute or of othe textile bast fibres of heading 5303 in Nepal?

The customs duty on Multiple or cabled yarn of jute or of othe textile bast fibres of heading 5303 (HS 5307.20.00) is 10% (general). From India or another SAARC country under SAFTA, with a certificate of origin, it is 6%. On top of customs duty, 13% VAT applies on the CIF value plus duty.

Q: What is the HS code for Multiple or cabled yarn of jute or of othe textile bast fibres of heading 5303 in Nepal?

The Nepal customs HS code for Multiple or cabled yarn of jute or of othe textile bast fibres of heading 5303 is 5307.20.00 (chapter 53 — Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn).

Multiple or cabled yarn of jute or of othe textile bast fibres of heading 5303 is classified under HS code 5307.20.00 (chapter 53, Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn). 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 Multiple or cabled yarn of jute or of othe textile bast fibres of heading 5303

Nepal imported about Rs 34.92 Crore of Multiple or cabled yarn of jute or of othe textile bast fibres of heading 5303 in FY 2082/83, mainly from Bangladesh, India.

Source country	Import value (FY 2082/83)
Bangladesh	Rs 6.17 Crore
India	Rs 5.3 Lakh

Related products

Raw JuteHS 5303.10.00 · 5% duty Single yarn of jute or of other textile ba t fibres of heading 5303HS 5307.10.00 · 10% duty Jute, etc (excl flax, true hemp and ramie ) nes; tow and waste of these fibresHS 5303.90.00 · 5% duty Coconut, abaca(Manila hemp or Musa textil s Nee), ramie & other vegetable textiHS 5305.00.00 · 5% duty Woven fabrics of jute or other textile bas fibres of heading 5303 (excl unbleHS 5310.90.00 · 15% duty Woven fabrics of flax, with <85% flax, nesHS 5309.29.00 · 15% duty Unbleached woven fabrics of jute or of oth r textile bast fibre of heading 5303HS 5310.10.00 · 15% duty Woven fabrics of flax, with >=85% flax, neHS 5309.19.00 · 15% duty

Full landed-cost calculator Open 5307.20.00 in the tariff Chapter 53