BKAG - Precise Tax Update (2081).pdf bbudget of nepal 2081-82 nepal
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About This Presentation
Budget Nepal
Slide Content
Precise Tax Update
(Nepal Budget)
Published On -Jestha21, 2081 | June 03, 2024
Financial Year:
Highlights from Tax Perspective
2081 -2082 [BS]
2024 -2025 [AD]
©2024 | B.K. Agrawal & Co.
(Nepal Budget)
Published On -Jestha21, 2081 | June 03, 2024
Financial Year:
Highlights from Tax Perspective
2081 -2082 [BS]
2024 -2025 [AD]
©2024 | B.K. Agrawal & Co.
01 02 03 04
Tax Waivers Direct Tax Proposal Indirect Tax
Proposal
Other Tax
Updates
Tax Waivers Direct Tax Proposal Indirect Tax
Proposal
Other Tax
Updates
TAX WAIVERS
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Tax Waivers (1/3)
4
Added by Finance Bill, 2081
4
Added by Finance Bill, 2081
Tax Waivers (2/3)
Added by Finance Bill, 2081
5
Added by Finance Bill, 2081
5
Tax Waivers (3/3)
Added by Finance Bill, 2081
6
Added by Finance Bill, 2081
6
DIRECT
TAX PROPOSAL
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
TAX PROPOSAL
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Income Tax –Amendments (1/10)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(AI1) 'Contributory Retirement Payments' shall mean the
amount deducted monthly from the salary or wages of
employees and additional amount of retirement payment
deducted from employment and deposited into an approved
retirement fund, including any returns earned on that amount.
Definitions2 (AI1)
(AAB) "Permanent establishment" means a place where any
person carries on a business fully or partly, and the term
includes the following place:
(1) A place where any person carries on a business fully or
partly, through any agent except a general agent who acts
independently in course of carrying on business
(2) A place where any person's main equipment or main
machinery is situated or used or installed, the ordinary
(3) One or more than one place in any country where any
person has delivered technical, professional or consultancy
service through an employee or in any other manner for more
than ninety days at one or several times in a period of any
twelve months, or
(4) A place where any person is involved in a construction,
installation or establishment project and has carried out
supervisory works of that project for a period of ninety days
or more.
(AAB) "Permanent establishment" means a place where any
person carries on a business fully or partly, and the term includes
the following place:
(5) A place where a person who has been residing outside Nepal
but having significant digital presence in Nepal or a place having
server outside Nepal and engaged in business activities in Nepal
for at least ninety days within the past twelve months.
Definitions2 (AAB)
8
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(AI1) 'Contributory Retirement Payments' shall mean the
amount deducted monthly from the salary or wages of
employees and additional amount of retirement payment
deducted from employment and deposited into an approved
retirement fund, including any returns earned on that amount.
Definitions2 (AI1)
(AAB) "Permanent establishment" means a place where any
person carries on a business fully or partly, and the term
includes the following place:
(1) A place where any person carries on a business fully or
partly, through any agent except a general agent who acts
independently in course of carrying on business
(2) A place where any person's main equipment or main
machinery is situated or used or installed, the ordinary
(3) One or more than one place in any country where any
person has delivered technical, professional or consultancy
service through an employee or in any other manner for more
than ninety days at one or several times in a period of any
twelve months, or
(4) A place where any person is involved in a construction,
installation or establishment project and has carried out
supervisory works of that project for a period of ninety days
or more.
(AAB) "Permanent establishment" means a place where any
person carries on a business fully or partly, and the term includes
the following place:
(5) A place where a person who has been residing outside Nepal
but having significant digital presence in Nepal or a place having
server outside Nepal and engaged in business activities in Nepal
for at least ninety days within the past twelve months.
Definitions2 (AAB)
8
Income Tax –Amendments (2/10)
Particulars of Income
[A] Bilateral/Multilateral agreements with GoN
[B] Employee of foreign government
[C] Received from foreign state fund by the relative of the employee
mentioned above
[D] Service under GoN by a Non-Nepali Citizen under condition of tax
exemption
[E] Social Security Allowances provided by GoN
[F] Gifts, Inheritance or Scholarship
[G] Donations, Gifts or Contribution obtained by Tax-Exempt Entity
[H] Pension received by Nepali citizen from foreign government
[I] Income of Central, State of Local government
[J] Income earned by Nepal Rastra Bank
[K] Drinking Water or Sanitation Consumer Organization
[L] Income of Mutual Fund (Approved by SEBON)
[M] Income of Educational Institution (Agreement with GoN & Non-Profit)
Exempt Income (Section 10)
Benefit to IT Industry
Section 11 (3L)
Description:
Special Industry, Information Technology Industry& Industry based in
Tourism Sector which capitalizes its profit (i.e., Issues Bonus Shares) for
the purpose of capacity enhancement
Explanation: For the purpose of this sub-section, 'information
technology industry' includes technology parks, IT parks, biotechnology
parks, software development, data processing, digital mapping,
business process outsourcing, data mining, and cloud computing related
industries.
Rebate & Concession:
FY 2023-24 -Dividend Tax Exempt
Tax Concessions and Rebates (Section 11)
9
Particulars of Income
[A] Bilateral/Multilateral agreements with GoN
[B] Employee of foreign government
[C] Received from foreign state fund by the relative of the employee
mentioned above
[D] Service under GoN by a Non-Nepali Citizen under condition of tax
exemption
[E] Social Security Allowances provided by GoN
[F] Gifts, Inheritance or Scholarship
[G] Donations, Gifts or Contribution obtained by Tax-Exempt Entity
[H] Pension received by Nepali citizen from foreign government
[I] Income of Central, State of Local government
[J] Income earned by Nepal Rastra Bank
[K] Drinking Water or Sanitation Consumer Organization
[L] Income of Mutual Fund (Approved by SEBON)
[M] Income of Educational Institution (Agreement with GoN & Non-Profit)
Exempt Income (Section 10)
Benefit to IT Industry
Section 11 (3L)
Description:
Special Industry, Information Technology Industry& Industry based in
Tourism Sector which capitalizes its profit (i.e., Issues Bonus Shares) for
the purpose of capacity enhancement
Explanation: For the purpose of this sub-section, 'information
technology industry' includes technology parks, IT parks, biotechnology
parks, software development, data processing, digital mapping,
business process outsourcing, data mining, and cloud computing related
industries.
Rebate & Concession:
FY 2023-24 -Dividend Tax Exempt
Tax Concessions and Rebates (Section 11)
9
Income Tax –Amendments (3/10)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
The following expenses or amounts shall not be deducted:
(B)Tax payable under this Act and a fine or similar other fee
paid to the government of any country or any local body
thereof for a violation of any law or regulation, byelaw framed
thereunder.
Provided that the tax paid to the Provincial Government and
Local Level shall be deducted as expenses.
The following expenses or amounts shall not be deducted:
(B)Tax payable under this Act and a fine or similar other fee
paid to the government of any country or any local body
thereof for a violation of any law or regulation, byelaw framed
thereunder.
Provided that tax collected but not reconciled in the same
year as per sub-section (7) of Section 95A, the tax paid to
the Provincial Government and Local Level shall be deducted
as expenses.
Expenses not allowed for
deduction:
21 (1) (B)
---
(1) Notwithstanding anything contained elsewhere in this Act,
for the purpose of computing the income earned by any
person from any business, employment or investment in any
income year, the following expenses or amounts shall not be
deducted:
(E1) Cash Payment of Salary of more than twenty-five
thousand rupees in a month.
Expenses not allowed for
deduction:
21 (1) (E1)
---
(3) The valuation of the transfer price under this section
shall be as determined by the valuation method prescribed
by the regulations.
Transfer Pricing and Other
Arrangements between
Associated Persons:
33 (3)
10
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
The following expenses or amounts shall not be deducted:
(B)Tax payable under this Act and a fine or similar other fee
paid to the government of any country or any local body
thereof for a violation of any law or regulation, byelaw framed
thereunder.
Provided that the tax paid to the Provincial Government and
Local Level shall be deducted as expenses.
The following expenses or amounts shall not be deducted:
(B)Tax payable under this Act and a fine or similar other fee
paid to the government of any country or any local body
thereof for a violation of any law or regulation, byelaw framed
thereunder.
Provided that tax collected but not reconciled in the same
year as per sub-section (7) of Section 95A, the tax paid to
the Provincial Government and Local Level shall be deducted
as expenses.
Expenses not allowed for
deduction:
21 (1) (B)
---
(1) Notwithstanding anything contained elsewhere in this Act,
for the purpose of computing the income earned by any
person from any business, employment or investment in any
income year, the following expenses or amounts shall not be
deducted:
(E1) Cash Payment of Salary of more than twenty-five
thousand rupees in a month.
Expenses not allowed for
deduction:
21 (1) (E1)
---
(3) The valuation of the transfer price under this section
shall be as determined by the valuation method prescribed
by the regulations.
Transfer Pricing and Other
Arrangements between
Associated Persons:
33 (3)
10
Income Tax –Amendments (4/10)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
(1) If the ownership of any entity changes by fifty per cent or
more as compared to its ownership until before the last three
years, the entity shall be deemed to have disposed the
property under its ownership or the liability borne by it.
(1) If the ownership of any entity changes by fifty per cent or
more as compared to its ownership until before the last three
years, the entity shall be deemed to have disposed the
property under its ownership or the liability borne by it.
Provided that this sub-section shall not be applicable in
case where the number of shares and capital of the
existing shareholder and partners remain unchanged, and
the capital is increased by addition of new shareholders
and partners.
Change in Control57 (1)
Explanation: For the purposes of this Section, "profit made
from the interest in any retirement fund that has not obtained
approval' means, if retirement payments made from a
retirement fund which has not obtained approval to a
beneficiary individual for his interest in the fund exceed the
amounts of retirement contributions paid by that person to
that fund for his interest in the fund, the amount to the extent
of such excess.
---Removed---Retirement Payments65 (1)
---
(6) Unless the Advance Ruling order issued under
subsection (1) is cancelled, the department shall be
bound to take action in accordance with the previous
order.
Advance Ruling76 (6)
11
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
(1) If the ownership of any entity changes by fifty per cent or
more as compared to its ownership until before the last three
years, the entity shall be deemed to have disposed the
property under its ownership or the liability borne by it.
(1) If the ownership of any entity changes by fifty per cent or
more as compared to its ownership until before the last three
years, the entity shall be deemed to have disposed the
property under its ownership or the liability borne by it.
Provided that this sub-section shall not be applicable in
case where the number of shares and capital of the
existing shareholder and partners remain unchanged, and
the capital is increased by addition of new shareholders
and partners.
Change in Control57 (1)
Explanation: For the purposes of this Section, "profit made
from the interest in any retirement fund that has not obtained
approval' means, if retirement payments made from a
retirement fund which has not obtained approval to a
beneficiary individual for his interest in the fund exceed the
amounts of retirement contributions paid by that person to
that fund for his interest in the fund, the amount to the extent
of such excess.
---Removed---Retirement Payments65 (1)
---
(6) Unless the Advance Ruling order issued under
subsection (1) is cancelled, the department shall be
bound to take action in accordance with the previous
order.
Advance Ruling76 (6)
11
Income Tax –Amendments (5/10)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(5) Notwithstanding anything contained in subsection (4), the
Department shall publish a notice specifying such taxpayers to
issue an invoice electronically in the manner prescribed by the
Inland Revenue Department (IRD) through the Central Billing
Monitoring System (CBMS) of the IRD.
(6) The Department shall implement procedures related to the
security and reliability of software and equipment used for
electronic invoicing. Such procedures must be followed by the
relevant producers, distributors, and users.
To Maintain Records or
Documents
81 (5) & 81 (6)
---
No person shall deposit cash, check, QR code, or any amount
received through any other electronic means from Business
Transactions in their personal bank accounts.
Funds from Business
Transactions cannot be
deposited in Personal
Accounts:
81A
(9) In the payment of the interest for a loan received in
foreign currency from the foreign bank or other financial
institution by the resident bank and financial institution for
investment in the sectors as specified by the Nepal
Rastra Bank, at the rate of ten percent.
(9) In the payment of the interest for a loan received in foreign
currency from the foreign bank or other financial institution by the
resident bank and financial institution for investment in the sectors
as specified by the Nepal Rastra Bank, at the rate of five percent
ten percent.
Withholding of Tax in
Making Payment For
Interest on Loans obtained
in Foreign Currency
88 (1) (9) -
Proviso
(2) Notwithstanding anything contained in sub-section (1),
no tax shall be levied on national and international award
of up to five lakh rupees for contribution made to
literature, art, culture, sports, journalism, science,
technology and public administration.
(2) Notwithstanding anything contained in sub-section (1), no tax
shall be levied on national and international award of up to five
lakh rupees for contribution made to literature, art, culture, sports,
journalism, science, technology and public administration.
Provided that if the prize amount exceeds five lakh rupees, any
excess amount will be subject to levy of windfall gain tax.
Withholding of Tax on
Windfall Gain
88A (2)
12
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(5) Notwithstanding anything contained in subsection (4), the
Department shall publish a notice specifying such taxpayers to
issue an invoice electronically in the manner prescribed by the
Inland Revenue Department (IRD) through the Central Billing
Monitoring System (CBMS) of the IRD.
(6) The Department shall implement procedures related to the
security and reliability of software and equipment used for
electronic invoicing. Such procedures must be followed by the
relevant producers, distributors, and users.
To Maintain Records or
Documents
81 (5) & 81 (6)
---
No person shall deposit cash, check, QR code, or any amount
received through any other electronic means from Business
Transactions in their personal bank accounts.
Funds from Business
Transactions cannot be
deposited in Personal
Accounts:
81A
(9) In the payment of the interest for a loan received in
foreign currency from the foreign bank or other financial
institution by the resident bank and financial institution for
investment in the sectors as specified by the Nepal
Rastra Bank, at the rate of ten percent.
(9) In the payment of the interest for a loan received in foreign
currency from the foreign bank or other financial institution by the
resident bank and financial institution for investment in the sectors
as specified by the Nepal Rastra Bank, at the rate of five percent
ten percent.
Withholding of Tax in
Making Payment For
Interest on Loans obtained
in Foreign Currency
88 (1) (9) -
Proviso
(2) Notwithstanding anything contained in sub-section (1),
no tax shall be levied on national and international award
of up to five lakh rupees for contribution made to
literature, art, culture, sports, journalism, science,
technology and public administration.
(2) Notwithstanding anything contained in sub-section (1), no tax
shall be levied on national and international award of up to five
lakh rupees for contribution made to literature, art, culture, sports,
journalism, science, technology and public administration.
Provided that if the prize amount exceeds five lakh rupees, any
excess amount will be subject to levy of windfall gain tax.
Withholding of Tax on
Windfall Gain
88A (2)
12
Income Tax –Amendments (6/10)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(2A) Notwithstanding anything contained in this section, the
amount of advance tax on the income derived from disposal of
Non-Business Chargeable Assets need not be deposited as
Installments.
Payment of Tax in
Installments
94 (2A)
(7) For commercial purposes, income tax on imported
goods shall be levied as per the prevailing customs laws:
5 percent for any such ox, buffalo, goat, sheep, mountain
goat under Chapter 1 of the Custom Classification, live,
fresh and frozen fish under Chapter 3, such fresh flowers
under Chapter 6, such fresh vegetables, potato, onion, dry
vegetables, garlic, baby corn under Chapter 7 and such
fresh fruits under Chapter 8
and
2.5 percent for such meat under Chapter 2, such milk
products, eggs, honey under Chapter 4, such barley, millet,
sorghum (Junelo), rice, beaten rice under Chapter 10, such
refined wheat flour, wheat flour under Chapter 11, such
herbal medicines, sugarcane under Chapter 12 and such
vegetation products under Chapter 14 as are imported for
business purpose.
(7) For commercial purposes, income tax on imported goods shall
be levied as per the prevailing customs laws:
(i) 10 percent of the customs value of goods in live animals
under Chapter 1, meat, and other edible animal products (flesh)
under Chapter 2, live and other fishery products under Chapter
3, flowers and other products under Chapter 6, edible
vegetables and some roots and tubers under Chapter 7, edible
fruits and nuts under Chapter 8.
(ii) 2.5 percent of the customs value of goods in dairy products,
eggs, honey, and other products under Chapter 4, all types of
food except seeds under Chapter 10, flour, grains, and similar
products under Chapter 11, herbs, sugarcane under Chapter 12,
vegetable products under Chapter 14.
However, 1.5 percent of the customs value shall be collected as
income tax on the import of goods subject to Value Added Tax.
Refer Table in the Next Slide
Advance Tax95A (7)
13
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(2A) Notwithstanding anything contained in this section, the
amount of advance tax on the income derived from disposal of
Non-Business Chargeable Assets need not be deposited as
Installments.
Payment of Tax in
Installments
94 (2A)
(7) For commercial purposes, income tax on imported
goods shall be levied as per the prevailing customs laws:
5 percent for any such ox, buffalo, goat, sheep, mountain
goat under Chapter 1 of the Custom Classification, live,
fresh and frozen fish under Chapter 3, such fresh flowers
under Chapter 6, such fresh vegetables, potato, onion, dry
vegetables, garlic, baby corn under Chapter 7 and such
fresh fruits under Chapter 8
and
2.5 percent for such meat under Chapter 2, such milk
products, eggs, honey under Chapter 4, such barley, millet,
sorghum (Junelo), rice, beaten rice under Chapter 10, such
refined wheat flour, wheat flour under Chapter 11, such
herbal medicines, sugarcane under Chapter 12 and such
vegetation products under Chapter 14 as are imported for
business purpose.
(7) For commercial purposes, income tax on imported goods shall
be levied as per the prevailing customs laws:
(i) 10 percent of the customs value of goods in live animals
under Chapter 1, meat, and other edible animal products (flesh)
under Chapter 2, live and other fishery products under Chapter
3, flowers and other products under Chapter 6, edible
vegetables and some roots and tubers under Chapter 7, edible
fruits and nuts under Chapter 8.
(ii) 2.5 percent of the customs value of goods in dairy products,
eggs, honey, and other products under Chapter 4, all types of
food except seeds under Chapter 10, flour, grains, and similar
products under Chapter 11, herbs, sugarcane under Chapter 12,
vegetable products under Chapter 14.
However, 1.5 percent of the customs value shall be collected as
income tax on the import of goods subject to Value Added Tax.
Refer Table in the Next Slide
Advance Tax95A (7)
13
Income Tax –Amendments (7/10)
Section 95A (7) -Existing Provision (Old)Section 95A (7) -Amended Provision (New)
Chapter
(Customs)
Advance Tax
(%)
Inclusions
Advance Tax
(%)
Inclusions
5%Ox, Buffalo, Goat, Sheep, Mountain Goat10%All items under Chapter -011
5%Meat10%All items under Chapter -022
5%Live, Fresh, And Frozen Fish10%All items under Chapter -033
2.5%Milk Products, Eggs, Honey2.5%All items under Chapter -044
5%Fresh Flowers10%All items under Chapter -066
5%
Fresh Vegetables, Potato, Onion, Dry Vegetables, Garlic, Baby
Corn
10%All items under Chapter -077
5%Fresh Fruits10%All items under Chapter -088
2.5%Barley, Millet, Sorghum (Junelo), Rice, Beaten Rice2.5%
Items under Chapter -10 excluding below Sub-Headings:
1001.11.00, 1001.91.00, 1002.10.00
1003.10.00, 1004.10.00, 1005.10.00
1006.10.10, 1007.10.00, 1008.21.00
10
2.5%Refined Wheat Flour, Wheat Flour2.5%All items under Chapter -1111
2.5%Herbal Medicines, Sugarcane2.5%
Items under Chapter -12 including below Headings & Sub-
Headings:
12.10 & 12.11
1212.91.00, 1212.92.00, 1212.93.00
1212.94.00, 1212.99.00 (Herbs & Sugarcane)
12
2.5%Vegetation Products Imported For Business Purposes2.5%All items under Chapter -1414
14
Section 95A (7) -Existing Provision (Old)Section 95A (7) -Amended Provision (New)
Chapter
(Customs)
Advance Tax
(%)
Inclusions
Advance Tax
(%)
Inclusions
5%Ox, Buffalo, Goat, Sheep, Mountain Goat10%All items under Chapter -011
5%Meat10%All items under Chapter -022
5%Live, Fresh, And Frozen Fish10%All items under Chapter -033
2.5%Milk Products, Eggs, Honey2.5%All items under Chapter -044
5%Fresh Flowers10%All items under Chapter -066
5%
Fresh Vegetables, Potato, Onion, Dry Vegetables, Garlic, Baby
Corn
10%All items under Chapter -077
5%Fresh Fruits10%All items under Chapter -088
2.5%Barley, Millet, Sorghum (Junelo), Rice, Beaten Rice2.5%
Items under Chapter -10 excluding below Sub-Headings:
1001.11.00, 1001.91.00, 1002.10.00
1003.10.00, 1004.10.00, 1005.10.00
1006.10.10, 1007.10.00, 1008.21.00
10
2.5%Refined Wheat Flour, Wheat Flour2.5%All items under Chapter -1111
2.5%Herbal Medicines, Sugarcane2.5%
Items under Chapter -12 including below Headings & Sub-
Headings:
12.10 & 12.11
1212.91.00, 1212.92.00, 1212.93.00
1212.94.00, 1212.99.00 (Herbs & Sugarcane)
12
2.5%Vegetation Products Imported For Business Purposes2.5%All items under Chapter -1414
14
Income Tax –Amendments (8/10)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(15) If the person required to collect and deposit tax fails to collect
the tax amount, deposit on time, or pays less than the collected
amount or deposit the amount after due date under this section, the
IRD may issue an order for the payment of the unpaid or reduced
amount along with the interest under section 119 and the fee under
section 120.
Provided that before giving such an order, a written notice shall be
provided giving a deadline of fifteen days to submit a justification in
relation to the order showing reasonable cause.
Advance Tax95A (15)
---
(1) The IRD shall investigate the tax liability of any person in
possession of undisclosed property reported under section 28 of
the Asset Prevention (Money Laundering ) Act, 2007.
(2) If no tax-related offense is found during the investigation under
subsection (1), the maximum income tax rate applicable during that
fiscal year will be applied to calculate such tax in the income from
such property."
Tax assessment of
undisclosed
property/Assets
101A
g
Reference:Section 28 of Prevention of Money Laundering Act, 2064 -Source of wealth should be proved:
g
(1) Where a person is prosecuted for a crime related to money laundering or financial investment in terrorist activities, anditis demonstrated that the assets of the accused
are disproportionate to their known sources of income or financial condition, or that the accused maintains a lifestyle significantly higher than what can be justified by their
known sources of income, or that the accused has made donations, gifts, or transfers of property beyond their apparent financialmeans, the burden of proof shall lie with
the accused to establish the legitimate source from which such property was acquired.
g
(2) Subsection (1) If the source of the property cannot be proved, such property shall be confiscated to the extent that the source cannot be proved.
15
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(15) If the person required to collect and deposit tax fails to collect
the tax amount, deposit on time, or pays less than the collected
amount or deposit the amount after due date under this section, the
IRD may issue an order for the payment of the unpaid or reduced
amount along with the interest under section 119 and the fee under
section 120.
Provided that before giving such an order, a written notice shall be
provided giving a deadline of fifteen days to submit a justification in
relation to the order showing reasonable cause.
Advance Tax95A (15)
---
(1) The IRD shall investigate the tax liability of any person in
possession of undisclosed property reported under section 28 of
the Asset Prevention (Money Laundering ) Act, 2007.
(2) If no tax-related offense is found during the investigation under
subsection (1), the maximum income tax rate applicable during that
fiscal year will be applied to calculate such tax in the income from
such property."
Tax assessment of
undisclosed
property/Assets
101A
g
Reference:Section 28 of Prevention of Money Laundering Act, 2064 -Source of wealth should be proved:
g
(1) Where a person is prosecuted for a crime related to money laundering or financial investment in terrorist activities, anditis demonstrated that the assets of the accused
are disproportionate to their known sources of income or financial condition, or that the accused maintains a lifestyle significantly higher than what can be justified by their
known sources of income, or that the accused has made donations, gifts, or transfers of property beyond their apparent financialmeans, the burden of proof shall lie with
the accused to establish the legitimate source from which such property was acquired.
g
(2) Subsection (1) If the source of the property cannot be proved, such property shall be confiscated to the extent that the source cannot be proved.
15
Income Tax –Amendments (9/10)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(8) Any amount collected under subsection (7) of section
95A in a fiscal year cannot be refunded or carried forward
to the next fiscal year as an advance income tax payment.
Tax refund and adjustment
of amount
113 (8)
(1) If any person does not submit the following details, the
following charge shall be imposed on him:
(c) If the income return of any income year is not submitted
pursuant to sub-section (1) of Section 96, for the person
mentioned in sub-section (4) of Section 4, amount at the rate
of one hundred rupees per month and for the other persons,
at the rate of 0.1 percent per year of the assessable income
drawn out without deducting any amount, if any, that can be
deducted and by including any amount, if any, that has to be
included in computing the income of any income year or
hundred rupees per month, whichever is higher.
(1) If any person does not submit the following details, the
following charge shall be imposed on him:
(c) If the income return of any income year is not submitted
pursuant to sub-section (1) of Section 96, for the person
mentioned in sub-section (4) of Section 4, amount at the rate
of twelve hundred rupees per return, but if less than 1 year
from the due date than one hundred rupees per month and
for the other persons, at the rate of 0.1 percent per year of
the assessable income drawn out without deducting any
amount, if any, that can be deducted and by including any
amount, if any, that has to be included in computing the
income of any income year or twelve hundred rupees per
return, but if less than 1 year from the due date than one
hundred rupees per month , whichever is higher.
Fees to be charged in event
of failure to maintain
documents or to submit
return or income return
117 (1) (C)
16
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(8) Any amount collected under subsection (7) of section
95A in a fiscal year cannot be refunded or carried forward
to the next fiscal year as an advance income tax payment.
Tax refund and adjustment
of amount
113 (8)
(1) If any person does not submit the following details, the
following charge shall be imposed on him:
(c) If the income return of any income year is not submitted
pursuant to sub-section (1) of Section 96, for the person
mentioned in sub-section (4) of Section 4, amount at the rate
of one hundred rupees per month and for the other persons,
at the rate of 0.1 percent per year of the assessable income
drawn out without deducting any amount, if any, that can be
deducted and by including any amount, if any, that has to be
included in computing the income of any income year or
hundred rupees per month, whichever is higher.
(1) If any person does not submit the following details, the
following charge shall be imposed on him:
(c) If the income return of any income year is not submitted
pursuant to sub-section (1) of Section 96, for the person
mentioned in sub-section (4) of Section 4, amount at the rate
of twelve hundred rupees per return, but if less than 1 year
from the due date than one hundred rupees per month and
for the other persons, at the rate of 0.1 percent per year of
the assessable income drawn out without deducting any
amount, if any, that can be deducted and by including any
amount, if any, that has to be included in computing the
income of any income year or twelve hundred rupees per
return, but if less than 1 year from the due date than one
hundred rupees per month , whichever is higher.
Fees to be charged in event
of failure to maintain
documents or to submit
return or income return
117 (1) (C)
16
Income Tax –Amendments (10/10)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
Except as otherwise provided in this Act, there shall be
imposed a charge of five thousand to twenty-five thousand
rupees on a person who does not comply with any
provision of this Act, or the Rules framed under this Act.
(1) According to sub-section (4) of section 81, a fee of five lakh
rupees will be charged if a taxpayer, who has obtained
approval for electronic invoicing or not obtained such approval
and is found to be using software that allows for deletion or
alteration of the data.
(2) According to subsection (4) of section 81, a fee of five lakh
rupees will be charged if the person does not comply with the
procedures prescribed by the Inland Revenue Department
(IRD) for the manufacture, installation, or use of electronic
invoicing software or equipment.
(3) For each instance of violation of section 81A, a fee of either
five thousand rupees or two percent of the total amount,
whichever is higher, will be charged.
(4) Except for the offenses specifically mentioned in this Act, a
fee ranging from five thousand to twenty-five thousand rupees
will be charged for any other violation of this Act or the rules
made under this Act.
Charge to be imposed119A
Usage of words -"Nikasi"Replaced with -"Niryat” "Nikasi"Income Tax Act, 2058General
17
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
Except as otherwise provided in this Act, there shall be
imposed a charge of five thousand to twenty-five thousand
rupees on a person who does not comply with any
provision of this Act, or the Rules framed under this Act.
(1) According to sub-section (4) of section 81, a fee of five lakh
rupees will be charged if a taxpayer, who has obtained
approval for electronic invoicing or not obtained such approval
and is found to be using software that allows for deletion or
alteration of the data.
(2) According to subsection (4) of section 81, a fee of five lakh
rupees will be charged if the person does not comply with the
procedures prescribed by the Inland Revenue Department
(IRD) for the manufacture, installation, or use of electronic
invoicing software or equipment.
(3) For each instance of violation of section 81A, a fee of either
five thousand rupees or two percent of the total amount,
whichever is higher, will be charged.
(4) Except for the offenses specifically mentioned in this Act, a
fee ranging from five thousand to twenty-five thousand rupees
will be charged for any other violation of this Act or the rules
made under this Act.
Charge to be imposed119A
Usage of words -"Nikasi"Replaced with -"Niryat” "Nikasi"Income Tax Act, 2058General
17
INDIRECT
TAX PROPOSAL
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
TAX PROPOSAL
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
VALUE ADDED TAX
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Value Added Tax –Amendments (1/2)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(1) Notwithstanding anything contained in this Act, any non-
resident entity conducting business of Digital Services or
Offline Air Transport Services in Nepal with a taxable
turnover exceeding thirty lakh rupees in the past twelve
months must register for value added tax.
(2) The registration of non-resident entities as per
subsection (1) shall be done according to the procedure
specified by the Department.
(3) If a non-resident entity registered as per subsection (1)
ceases its operations or stops conducting business, the
Department shall cancel the registration of such entity
according to the specified procedure.
Registration of Non-
Resident Entities:
10 B1
(1) The tax officer shall cancel the registration of a registered
person if:
(f) That person is a taxpayer whose taxable transaction is less
than five million rupees in the case of goods and two million
rupees in the case of mixed transaction of goods and service
or of service in the last twelve months.
(1) The tax officer shall cancel the registration of a registered
person if:
(f) That person is a taxpayer whose taxable transaction is less
than five million rupees in the case of goods and three million
rupeestwo million rupeesin the case of mixed transaction of
goods and service or of service in the last twelve months.
Cancellation of
Registration
11 (1) (F)
20
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(1) Notwithstanding anything contained in this Act, any non-
resident entity conducting business of Digital Services or
Offline Air Transport Services in Nepal with a taxable
turnover exceeding thirty lakh rupees in the past twelve
months must register for value added tax.
(2) The registration of non-resident entities as per
subsection (1) shall be done according to the procedure
specified by the Department.
(3) If a non-resident entity registered as per subsection (1)
ceases its operations or stops conducting business, the
Department shall cancel the registration of such entity
according to the specified procedure.
Registration of Non-
Resident Entities:
10 B1
(1) The tax officer shall cancel the registration of a registered
person if:
(f) That person is a taxpayer whose taxable transaction is less
than five million rupees in the case of goods and two million
rupees in the case of mixed transaction of goods and service
or of service in the last twelve months.
(1) The tax officer shall cancel the registration of a registered
person if:
(f) That person is a taxpayer whose taxable transaction is less
than five million rupees in the case of goods and three million
rupeestwo million rupeesin the case of mixed transaction of
goods and service or of service in the last twelve months.
Cancellation of
Registration
11 (1) (F)
20
Value Added Tax –Amendments (2/2)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(3) If a taxpayer is required to submit a tax return under
this section and fails to submit the return within four
months of the stipulated period, the tax officer may freeze
the imports or exports of such taxpayer.
Submission of Tax Returns18 (3)
(1) The tax officer may make
tax assessment in any of the following circumstances:
(J) If tax is not paid pursuant to sub-section (2) or sub-section
(3) of Section 8.
(1) The tax officer may make
tax assessment in any of the following circumstances:
(J) If tax is not paid pursuant to sub-section (2), sub-section
(2A)or sub-section (3) of Section 8.
Power of Tax Officer to
Assess Tax
20 (1) (J)
Usage of words -"Nikasi"Replaced with -"Niryat” "Nikasi"VAT Act, 2058General
---This space has been intentionally left blank ---
21
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
(3) If a taxpayer is required to submit a tax return under
this section and fails to submit the return within four
months of the stipulated period, the tax officer may freeze
the imports or exports of such taxpayer.
Submission of Tax Returns18 (3)
(1) The tax officer may make
tax assessment in any of the following circumstances:
(J) If tax is not paid pursuant to sub-section (2) or sub-section
(3) of Section 8.
(1) The tax officer may make
tax assessment in any of the following circumstances:
(J) If tax is not paid pursuant to sub-section (2), sub-section
(2A)or sub-section (3) of Section 8.
Power of Tax Officer to
Assess Tax
20 (1) (J)
Usage of words -"Nikasi"Replaced with -"Niryat” "Nikasi"VAT Act, 2058General
---This space has been intentionally left blank ---
21
VAT Schedules –Amendments (1/7)
ImpactDescription of goodsSub-HeadingHeading
Group 1: Basic Agricultural Products
Dates, Figs, Pinapple,Avocados,Guavas, Mangoes, And Mangosteen , Fresh Or Dried.8.04
DeletedMangosteen0804.50.30
Group 2: Basic Necessities
Fuel Wood, In Logs, In Billets, In Twigs, In Faggots Or In Similar Forms; Wood In Chips Or Particles; Sawdust
And Wood Waste And Scrap, Whether Or Not Agglomerated In Logs, Briquettes, Pellets Or Similar Forms.
44.01
DeletedConiferous4401.11.00
DeletedNon-Coniferous4401.19.00
Wood Charcoal (Including Shell Or Nut Charcoal) , Whether Or Not Agglomerated44.02
DeletedOf Bamboo4401.10.00
DeletedOf Shell Or Nut4401.20.00
DeletedOthers4401.90.00
Group 3: Animals And Their Products
Meat Of Sheep Or Goats, Fresh, Chilled Or Frozen.2.04
DeletedCarcasses And Half -Carcasses Of Lamb, Frozen0204.30.00
Group 4: Agricultural Materials
Insecticides, Rodenticides, Fungicides, Herbicides, Ant sprouting Products And Plant Growth Regulators,
Disinfectants And Similar Products, Put Up In Forms Or Packing For Retails Sale Or As Preparation Or Articles (For
Example, Sulphur-Treated Bands, Wicks And Candles And Fly -Papers)
38.08
DeletedOthers3808.91.90
DeletedFungicides3808.92.00
DeletedHerbicides3808.93.10
DeletedRat Poison3808.99.11
Hand Tools, The Following: Spades, Shovels, Mattocks, Picks, Hoes, Forks And Rakes; Axes, Bill Hooks And
Similar Hewing Tools; Secateurs And Pruners Of Any Kind; Scythes, Sickles, Hay Knives, Hedge Shears, Timber
Wedges And Other Tools Of A Kind Used In Agriculture, Horticulture Or Forestry.
82.01
DeletedOthers8201.10.90
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
22
ImpactDescription of goodsSub-HeadingHeading
Group 1: Basic Agricultural Products
Dates, Figs, Pinapple,Avocados,Guavas, Mangoes, And Mangosteen , Fresh Or Dried.8.04
DeletedMangosteen0804.50.30
Group 2: Basic Necessities
Fuel Wood, In Logs, In Billets, In Twigs, In Faggots Or In Similar Forms; Wood In Chips Or Particles; Sawdust
And Wood Waste And Scrap, Whether Or Not Agglomerated In Logs, Briquettes, Pellets Or Similar Forms.
44.01
DeletedConiferous4401.11.00
DeletedNon-Coniferous4401.19.00
Wood Charcoal (Including Shell Or Nut Charcoal) , Whether Or Not Agglomerated44.02
DeletedOf Bamboo4401.10.00
DeletedOf Shell Or Nut4401.20.00
DeletedOthers4401.90.00
Group 3: Animals And Their Products
Meat Of Sheep Or Goats, Fresh, Chilled Or Frozen.2.04
DeletedCarcasses And Half -Carcasses Of Lamb, Frozen0204.30.00
Group 4: Agricultural Materials
Insecticides, Rodenticides, Fungicides, Herbicides, Ant sprouting Products And Plant Growth Regulators,
Disinfectants And Similar Products, Put Up In Forms Or Packing For Retails Sale Or As Preparation Or Articles (For
Example, Sulphur-Treated Bands, Wicks And Candles And Fly -Papers)
38.08
DeletedOthers3808.91.90
DeletedFungicides3808.92.00
DeletedHerbicides3808.93.10
DeletedRat Poison3808.99.11
Hand Tools, The Following: Spades, Shovels, Mattocks, Picks, Hoes, Forks And Rakes; Axes, Bill Hooks And
Similar Hewing Tools; Secateurs And Pruners Of Any Kind; Scythes, Sickles, Hay Knives, Hedge Shears, Timber
Wedges And Other Tools Of A Kind Used In Agriculture, Horticulture Or Forestry.
82.01
DeletedOthers8201.10.90
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
22
VAT Schedules –Amendments (2/7)
ImpactDescription of goodsSub-HeadingHeading
Group 4: Agricultural Materials
Replaced
Substituted following clause instead of Clause No. (5):
Limestone Dust Of Sub-heading 25.21.00, Raw Material Of Feed Apportionment Under Parts 23, 28 And 29 Of The
Customs Tariff Imported By The Feed And Livestock Industry.
Notes
Group 5: Drug Treatment And Similar Health Services
Human Blood; Animal Blood Prepared For Therapeutic, Prophylactic Or Diagnostic Uses; Antisera, Other Blood
Fractions And Immunological Products, Whether Or Not Modified Or Obtained By Means Of Biotechnological
Processes; Vaccines, Toxins, Culture Of Micro-Organisms (Excluding Yeasts) And Similar Products; Cell Culture,
Whether Or Not Modified.
30.02
Antisera, Other Blood Fraction And Immunological Products, Whether Or Not Modified Or Obtained By Means Of
Biotechnological Processes
DeletedDiagnostic Kits3002.90.10
Wadding, Gauze, Bandages And Similar Articles (For Example: Dressing Adhesive Plasters, Poultices),
Impregnated Or Coated With Pharmaceutical Substance Or Put Up In Forms Or Packing For Retail Sale For Medical
Surgical, Dental Or Veterinary Purposes
30.05
Adhesive Dressings And Other Articles Having An Adhesive Layer:
DeletedBandage3005.90.20
Photographic Plates And Film In The Flat, Sensitized, Unexposed, Of Any Materials Other Than Paper, Paperboard Or
Textiles; Instant Print film In The Flat, Sensitized, Unexposed, Whether Or Not In Packs.
37.01
DeletedFor X-Ray3701.10.00
Replaced
Amendment in Clause No. (10):
Substitution of Flow Cytometer Under Sub- Heading 9018.19.90 with 'Video Scope, Cath Lab, Heart Lung Machine And
Defiberillator ' under Sub -Heading 9018.90.90
Note 1
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
23
ImpactDescription of goodsSub-HeadingHeading
Group 4: Agricultural Materials
Replaced
Substituted following clause instead of Clause No. (5):
Limestone Dust Of Sub-heading 25.21.00, Raw Material Of Feed Apportionment Under Parts 23, 28 And 29 Of The
Customs Tariff Imported By The Feed And Livestock Industry.
Notes
Group 5: Drug Treatment And Similar Health Services
Human Blood; Animal Blood Prepared For Therapeutic, Prophylactic Or Diagnostic Uses; Antisera, Other Blood
Fractions And Immunological Products, Whether Or Not Modified Or Obtained By Means Of Biotechnological
Processes; Vaccines, Toxins, Culture Of Micro-Organisms (Excluding Yeasts) And Similar Products; Cell Culture,
Whether Or Not Modified.
30.02
Antisera, Other Blood Fraction And Immunological Products, Whether Or Not Modified Or Obtained By Means Of
Biotechnological Processes
DeletedDiagnostic Kits3002.90.10
Wadding, Gauze, Bandages And Similar Articles (For Example: Dressing Adhesive Plasters, Poultices),
Impregnated Or Coated With Pharmaceutical Substance Or Put Up In Forms Or Packing For Retail Sale For Medical
Surgical, Dental Or Veterinary Purposes
30.05
Adhesive Dressings And Other Articles Having An Adhesive Layer:
DeletedBandage3005.90.20
Photographic Plates And Film In The Flat, Sensitized, Unexposed, Of Any Materials Other Than Paper, Paperboard Or
Textiles; Instant Print film In The Flat, Sensitized, Unexposed, Whether Or Not In Packs.
37.01
DeletedFor X-Ray3701.10.00
Replaced
Amendment in Clause No. (10):
Substitution of Flow Cytometer Under Sub- Heading 9018.19.90 with 'Video Scope, Cath Lab, Heart Lung Machine And
Defiberillator ' under Sub -Heading 9018.90.90
Note 1
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
23
VAT Schedules –Amendments (3/7)
ImpactDescription of goodsSub-HeadingHeading
Group 11: Other Goods And Services
Track Suits, Ski Suits And Swimwear; Other Garments.62.11
-Swimwear :
Deleted---Dhoti And Lungi6211.32.20
Deleted---Sari, Dhoti And Lungi6211.42.20
I.-Natural Or Cultured Pearls And Precious Or Semi-Precious Stones
Pearls, Natural Or Cultured, Whether Or Not Worked Or Graded But Not Strung, Mounted Or Set; Pearls,
Natural Or Cultured, Temporarily Strung For Convenience Of Transport.
71.01
DeletedNatural Pearls7101.10.00
Cultured Pearls
DeletedUnworked7101.21.00
DeletedWorked7101.22.00
Centrifuges, Including Centrifugal Dryers; Filtering Or Purifying Machinery And Apparatus For Liquid Or Gases.84.21
Centrifuges, Including Centrifugal Dryers:
Deleted--For Filtering Or Purifying Water8421.21.00
Deleted
Devices And Mechanical Devices Capable Of Performing Individual Functions,
Not Specified Or Included Elsewhere In This Part
84.97
DeletedClause No. (1) and (2) are deleted (adjusted in above table)1 & 2Notes:
Replaced
Substituted following clause instead of Clause No. (12)
Construction equipment, machinery, tools, and related spare parts for hydropower generation, distribution, and
transmission line projects, as well as raw materials required for the manufacture of such equipment, will be exempt
from value-added tax (VAT) under certain conditions.
If operating with the approval of the Investment Board (Steel Sheet) or the Alternative Energy Promotion Center, VAT
exemption will apply. For central and other projects, including those operated by the Nepal Electricity Authority, VAT
exemption will be granted when the relevant hydroelectric project, its contractor, or the project's promoter imports
and supplies the necessary items to the project, provided they have a recommendation from the Electricity
Development Department.
12
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
24
ImpactDescription of goodsSub-HeadingHeading
Group 11: Other Goods And Services
Track Suits, Ski Suits And Swimwear; Other Garments.62.11
-Swimwear :
Deleted---Dhoti And Lungi6211.32.20
Deleted---Sari, Dhoti And Lungi6211.42.20
I.-Natural Or Cultured Pearls And Precious Or Semi-Precious Stones
Pearls, Natural Or Cultured, Whether Or Not Worked Or Graded But Not Strung, Mounted Or Set; Pearls,
Natural Or Cultured, Temporarily Strung For Convenience Of Transport.
71.01
DeletedNatural Pearls7101.10.00
Cultured Pearls
DeletedUnworked7101.21.00
DeletedWorked7101.22.00
Centrifuges, Including Centrifugal Dryers; Filtering Or Purifying Machinery And Apparatus For Liquid Or Gases.84.21
Centrifuges, Including Centrifugal Dryers:
Deleted--For Filtering Or Purifying Water8421.21.00
Deleted
Devices And Mechanical Devices Capable Of Performing Individual Functions,
Not Specified Or Included Elsewhere In This Part
84.97
DeletedClause No. (1) and (2) are deleted (adjusted in above table)1 & 2Notes:
Replaced
Substituted following clause instead of Clause No. (12)
Construction equipment, machinery, tools, and related spare parts for hydropower generation, distribution, and
transmission line projects, as well as raw materials required for the manufacture of such equipment, will be exempt
from value-added tax (VAT) under certain conditions.
If operating with the approval of the Investment Board (Steel Sheet) or the Alternative Energy Promotion Center, VAT
exemption will apply. For central and other projects, including those operated by the Nepal Electricity Authority, VAT
exemption will be granted when the relevant hydroelectric project, its contractor, or the project's promoter imports
and supplies the necessary items to the project, provided they have a recommendation from the Electricity
Development Department.
12
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
24
VAT Schedules –Amendments (4/7)
ImpactDescription of goodsSub-HeadingHeading
Group 11: Other Goods And Services
Replaced
Substituted the following clause for Clause No. (13)
For reservoir and semi-reservoir hydropower projects with a capacity of more than 200 megawatts, approved by the
Investment Board, if financial management (financial closure) is completed by Chaitra of the year 2082, and for other
projects operated by the Nepal Electricity Authority, an exemption from value-added tax (VAT) will be granted. This
exemption applies to construction equipment, plant machinery, tools, related parts, explosives, penstock pipes, and
steel plates imported by the project or its contractors.
However, when making recommendations according to this provision, they must be based on the quantities specified
in the detailed engineering design report of the hydropower project.
13Notes:
Replaced
Substituted the following clause for Clause No. (14)
Diplomatic missions, projects, individuals, and other entities (both governmental and non-governmental
organizations) can import vehicles into customs facilities without incurring value-added tax (VAT) under specific
conditions. If a vehicle is in its first production year but is older than 10 years, or if an old vehicle used by diplomatic
missions and diplomatic staff has been rendered inoperable due to accidents or technical reasons and has not been
used for 10 years, it can be scrapped and its registration canceled. This process requires approval from the Ministry
of Finance, ensuring the vehicle cannot be used again, and no VAT will be charged on such a vehicle.
14
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
25
ImpactDescription of goodsSub-HeadingHeading
Group 11: Other Goods And Services
Replaced
Substituted the following clause for Clause No. (13)
For reservoir and semi-reservoir hydropower projects with a capacity of more than 200 megawatts, approved by the
Investment Board, if financial management (financial closure) is completed by Chaitra of the year 2082, and for other
projects operated by the Nepal Electricity Authority, an exemption from value-added tax (VAT) will be granted. This
exemption applies to construction equipment, plant machinery, tools, related parts, explosives, penstock pipes, and
steel plates imported by the project or its contractors.
However, when making recommendations according to this provision, they must be based on the quantities specified
in the detailed engineering design report of the hydropower project.
13Notes:
Replaced
Substituted the following clause for Clause No. (14)
Diplomatic missions, projects, individuals, and other entities (both governmental and non-governmental
organizations) can import vehicles into customs facilities without incurring value-added tax (VAT) under specific
conditions. If a vehicle is in its first production year but is older than 10 years, or if an old vehicle used by diplomatic
missions and diplomatic staff has been rendered inoperable due to accidents or technical reasons and has not been
used for 10 years, it can be scrapped and its registration canceled. This process requires approval from the Ministry
of Finance, ensuring the vehicle cannot be used again, and no VAT will be charged on such a vehicle.
14
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
25
VAT Schedules –Amendments (5/7)
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
ImpactDescription of goodsSub-HeadingHeading
Group 1: Basic Agricultural Products
Apples, Pears And Quinces, Fresh.08.08
AddedApples0808.10.00
Potatoes, Fresh Or Chilled.07.01
AddedOther0701.90.00
Onions, Shallots, Garlic, Leeks And Other Alliaceous Vegetables , Fresh Or Chilled07.03
AddedOnions And Shallots0703.10.00
Bran, Sharps And Other Residues, Whether Or Not In The Form Of Pellets, Derived From The Sifting, Milling Or
Other Working Of Cereals Or Of Leguminous Plants.
23.02
Of Other Cereals
AddedStraw And Pellets Of Cashew2302.40.10
AddedOther2302.40.90
Group 3: Animals and Their Products
Meat Of Sheep Or Goats, Fresh, Chilled Or Frozen2.04
AddedMeat Of Goats0204.50.00
Group 11: Other Goods And Services
Machines And Mechanical Appliances Having Individual Function ,
Not Specified Or Included Elsewhere in This Chapter.
84.79
AddedSilos8479.89.60
Motor Vehicles Carrying 10 Or More Passengers Including The Driver.87.02*
With Compression-Ignition Internal Combustion Piston Engine
(Diesel Or Semi-Diesel) Only:
AmendedOthers (Earlier: Ambulances & Hearses)8702.10.49
Having Both A Compression-Ignition Internal Combustion Piston Engine (Diesel Or Semi-Diesel) And A Electric
Propulsion Motor:
AmendedOthers (Earlier: Ambulances & Hearses)8702.20.49
Having Both A Spark-Ignition Internal Combustion Piston Engine And A Electric Propulsion Motor:
AmendedOthers (Earlier: Ambulances & Hearses)8702.30.49
26
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
ImpactDescription of goodsSub-HeadingHeading
Group 1: Basic Agricultural Products
Apples, Pears And Quinces, Fresh.08.08
AddedApples0808.10.00
Potatoes, Fresh Or Chilled.07.01
AddedOther0701.90.00
Onions, Shallots, Garlic, Leeks And Other Alliaceous Vegetables , Fresh Or Chilled07.03
AddedOnions And Shallots0703.10.00
Bran, Sharps And Other Residues, Whether Or Not In The Form Of Pellets, Derived From The Sifting, Milling Or
Other Working Of Cereals Or Of Leguminous Plants.
23.02
Of Other Cereals
AddedStraw And Pellets Of Cashew2302.40.10
AddedOther2302.40.90
Group 3: Animals and Their Products
Meat Of Sheep Or Goats, Fresh, Chilled Or Frozen2.04
AddedMeat Of Goats0204.50.00
Group 11: Other Goods And Services
Machines And Mechanical Appliances Having Individual Function ,
Not Specified Or Included Elsewhere in This Chapter.
84.79
AddedSilos8479.89.60
Motor Vehicles Carrying 10 Or More Passengers Including The Driver.87.02*
With Compression-Ignition Internal Combustion Piston Engine
(Diesel Or Semi-Diesel) Only:
AmendedOthers (Earlier: Ambulances & Hearses)8702.10.49
Having Both A Compression-Ignition Internal Combustion Piston Engine (Diesel Or Semi-Diesel) And A Electric
Propulsion Motor:
AmendedOthers (Earlier: Ambulances & Hearses)8702.20.49
Having Both A Spark-Ignition Internal Combustion Piston Engine And A Electric Propulsion Motor:
AmendedOthers (Earlier: Ambulances & Hearses)8702.30.49
26
VAT Schedules –Amendments (6/7)
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
ImpactDescription of goodsSub-HeadingHeading
Group 11: Other Goods And Services
Motor Vehicles Carrying 10 Or More Passengers Including The Driver.87.02*
Electric Motor For Pushing Only:
AmendedOthers (Earlier: Ambulances & Hearses)8702.40.49
AmendedOthers (Earlier: Ambulances & Hearses)8702.90.49
Motor Cars And Other Motor Vehicles (Other Than Those Of Heading 87.02), Including Station Wagons And Racing
Cars, Designed Primarily For The Transport Of Persons.
87.03*
Other Vehicles, Having Spark-Ignition Internal Combustion Piston Engines Only:
AmendedOthers (Earlier: Ambulances & Hearses)8703.21.99
AmendedOthers (Earlier: Ambulances & Hearses)8703.22.90
AmendedOthers (Earlier: Ambulances & Hearses)8703.23.19
AmendedOthers (Earlier: Ambulances & Hearses)8703.23.29
AmendedOthers (Earlier: Ambulances & Hearses)8703.23.39
AmendedOthers (Earlier: Ambulances & Hearses)8703.24.90
Other Vehicles, With Compression-Ignition Internal Combustion Piston Engine (Diesel Or Semi-Diesel) Only:
AmendedOthers (Earlier: Ambulances & Hearses)8703.31.90
AmendedOthers (Earlier: Ambulances & Hearses)8703.32.19
AmendedOthers (Earlier: Ambulances & Hearses)8703.32.29
AmendedOthers (Earlier: Ambulances & Hearses)8703.33.90
*May be subject to change in the Finance Act, the earlier provision shall be reinstated (Admission of error by the departmenthas been made publicly)
27
Schedule 1 of VAT Act | List of VAT Exempt Goods & Services:
ImpactDescription of goodsSub-HeadingHeading
Group 11: Other Goods And Services
Motor Vehicles Carrying 10 Or More Passengers Including The Driver.87.02*
Electric Motor For Pushing Only:
AmendedOthers (Earlier: Ambulances & Hearses)8702.40.49
AmendedOthers (Earlier: Ambulances & Hearses)8702.90.49
Motor Cars And Other Motor Vehicles (Other Than Those Of Heading 87.02), Including Station Wagons And Racing
Cars, Designed Primarily For The Transport Of Persons.
87.03*
Other Vehicles, Having Spark-Ignition Internal Combustion Piston Engines Only:
AmendedOthers (Earlier: Ambulances & Hearses)8703.21.99
AmendedOthers (Earlier: Ambulances & Hearses)8703.22.90
AmendedOthers (Earlier: Ambulances & Hearses)8703.23.19
AmendedOthers (Earlier: Ambulances & Hearses)8703.23.29
AmendedOthers (Earlier: Ambulances & Hearses)8703.23.39
AmendedOthers (Earlier: Ambulances & Hearses)8703.24.90
Other Vehicles, With Compression-Ignition Internal Combustion Piston Engine (Diesel Or Semi-Diesel) Only:
AmendedOthers (Earlier: Ambulances & Hearses)8703.31.90
AmendedOthers (Earlier: Ambulances & Hearses)8703.32.19
AmendedOthers (Earlier: Ambulances & Hearses)8703.32.29
AmendedOthers (Earlier: Ambulances & Hearses)8703.33.90
*May be subject to change in the Finance Act, the earlier provision shall be reinstated (Admission of error by the departmenthas been made publicly)
27
Value Added Tax –Amendments (7/7)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSchedule
VAT paid on import or local purchase of a Scooter designed
to be used by the people with disabilities and the scooter is
registered in the taxpayer's name at the Department of
Transport Management, the value added tax paid on
importation will be refunded from the relevant customs office
and the value added tax paid on local purchase will be
refunded from the Inland Revenue Department on the
recommendation of the Ministry of Women, Children and
Senior Citizens or the relevant district administration office.
Value added tax so refunded will be recovered if sold to
persons other than persons with disabilities.
Scooter designed to be used by the people with disabilities.
Scooter for
Disabled Persons
2 (8)
Deep cycle lead acid battery falling under custom subheading
850700.20 used in electric vehicle produced by domestic
industry upon recommendation from the Ministry of Forest
and Environment.
Deep cycle lead acid battery falling under custom subheading
850700.20 used in electric vehicle produced by domestic
industry upon recommendation of Government of Nepal,
Ministry of Forests & Environment, Department of
Environment.
Deep Cycle
Lead Acid Battery
2 (10)
Schedule 2 of VAT Act | Zero Rated VAT:
28
Existing Provision (Old)Amended Provision (New)Sub-HeadingSchedule
VAT paid on import or local purchase of a Scooter designed
to be used by the people with disabilities and the scooter is
registered in the taxpayer's name at the Department of
Transport Management, the value added tax paid on
importation will be refunded from the relevant customs office
and the value added tax paid on local purchase will be
refunded from the Inland Revenue Department on the
recommendation of the Ministry of Women, Children and
Senior Citizens or the relevant district administration office.
Value added tax so refunded will be recovered if sold to
persons other than persons with disabilities.
Scooter designed to be used by the people with disabilities.
Scooter for
Disabled Persons
2 (8)
Deep cycle lead acid battery falling under custom subheading
850700.20 used in electric vehicle produced by domestic
industry upon recommendation from the Ministry of Forest
and Environment.
Deep cycle lead acid battery falling under custom subheading
850700.20 used in electric vehicle produced by domestic
industry upon recommendation of Government of Nepal,
Ministry of Forests & Environment, Department of
Environment.
Deep Cycle
Lead Acid Battery
2 (10)
Schedule 2 of VAT Act | Zero Rated VAT:
28
EXCISE DUTY
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Excise Act –Amendments (1/4)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
"Tobacco product" means tobacco or the ingredients of
tobacco products that are smoked, chewed, put in the mouth,
leaves, gutkha, khaini or similar substances and the term also
refers to cigarettes, bidis & cigars.
"Tobacco product" means tobacco or the ingredients of
tobacco products that are smoked, chewed, put in the mouth,
leaves, gutkha, khaini or similar substances and the term also
refers to cigarettes, bidis, cigars, electronic cigarette (vape),
and hookah flavors.
Definitions2 (H1)
The excise duty paid in goods having damaged as a result of
arson, theft, accident, destructive activity, or expiration of the
date for use of such goods may be deducted as specified by
the Department.
(4) The excise duty paid in goods having damaged as a result
of arson (fire), theft, accident, destructive activity, or
expiration of the date for use of such goods which remains in
stockmay be deducted as specified by the Department.
Excise Duty Assessment
and Collection
3A
(b) in the case of a motor vehicle imported by a diplomatic
mission, project, person or other body (government or non-
governmental organization) under tariff facility and the initial
manufacturing of which has crossed fifteen years, when
cancelling the registration of such old vehicle upon scraping it
to be incapable of re-use, with the approval of the Ministry of
Finance.
(b) in the case of a motor vehicle imported by a diplomatic
mission, project, person or other body (government or non-
governmental organization) under tariff facility and the initial
manufacturing of which has crossed ten years, fifteen years
or the imported goods used by diplomatic missions and
diplomatic staffs are damaged and cannot be used due to
accidents or technical reasons, when cancelling the
registration of such old vehicle upon scraping it to be
incapable of re-use, with the approval of the Ministry of
Finance.
Exemption from Excise
Duty
4C (2) (B)
30
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
"Tobacco product" means tobacco or the ingredients of
tobacco products that are smoked, chewed, put in the mouth,
leaves, gutkha, khaini or similar substances and the term also
refers to cigarettes, bidis & cigars.
"Tobacco product" means tobacco or the ingredients of
tobacco products that are smoked, chewed, put in the mouth,
leaves, gutkha, khaini or similar substances and the term also
refers to cigarettes, bidis, cigars, electronic cigarette (vape),
and hookah flavors.
Definitions2 (H1)
The excise duty paid in goods having damaged as a result of
arson, theft, accident, destructive activity, or expiration of the
date for use of such goods may be deducted as specified by
the Department.
(4) The excise duty paid in goods having damaged as a result
of arson (fire), theft, accident, destructive activity, or
expiration of the date for use of such goods which remains in
stockmay be deducted as specified by the Department.
Excise Duty Assessment
and Collection
3A
(b) in the case of a motor vehicle imported by a diplomatic
mission, project, person or other body (government or non-
governmental organization) under tariff facility and the initial
manufacturing of which has crossed fifteen years, when
cancelling the registration of such old vehicle upon scraping it
to be incapable of re-use, with the approval of the Ministry of
Finance.
(b) in the case of a motor vehicle imported by a diplomatic
mission, project, person or other body (government or non-
governmental organization) under tariff facility and the initial
manufacturing of which has crossed ten years, fifteen years
or the imported goods used by diplomatic missions and
diplomatic staffs are damaged and cannot be used due to
accidents or technical reasons, when cancelling the
registration of such old vehicle upon scraping it to be
incapable of re-use, with the approval of the Ministry of
Finance.
Exemption from Excise
Duty
4C (2) (B)
30
Excise Act –Amendments (2/4)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
(1) No one shall produce, import, sell or store goods subject to
excise duty or provide services subject to excise duty without
obtaining a license in accordance with this Act.
Provided that it is not required to obtain a license to import
goods subject to excise duty under diplomatic privilege on the
recommendation of the Ministry of Foreign Affairs,
Government of Nepal, and to sell or store goods under the
self-release system.
(1) No one shall produce, import, sell or store goods subject to
excise duty or provide services subject to excise duty without
obtaining a license in accordance with this Act.
Provided that it is not required to obtain a license to import
goods subject to excise duty under diplomatic privilege on the
recommendation of the Ministry of Foreign Affairs,
Government of Nepal, and to import,sell or store goods
under the self-release system.
Provisions relating to
License
9 (1)
(6A) A licensee involved in manufacturing and importation
who does not make renewal within the period referred to in
subsection (5) shall, for making renewal, pay a fine of fifty
percent of the renewal fee if it is within first three months of
the expiration of such period and hundred percent if it is
within three months thereafter.
(6A) A licensee involved in manufacturing and importation
who does not make renewal within the period referred to in
subsection (5) shall, for making renewal, pay a fine of fifty
percent of the renewal fee if it is within first three months of
the expiration of such period, hundred percent for the next
three months, and 200% of the remaining fiscal year's fee
thereafter.
Provisions relating to
License
9 (6A)
The excise duty officer may, at any time, examine the volume
or quality of alcohol in liquor and other alcohol-based
substance released with approval. More than one percent of
variation in the volume of alcohol or significant variation in
quality shall not be allowed.
The excise duty officer may, at any time, examine the volume
or quality of alcohol in liquor and other alcohol-based
substance released with approval in the Department's
Laboratory or Laboratory as specified by the Department.
More than one percent of variation in the volume of alcohol or
significant variation in quality shall not be allowed.
To Examine Volume of
Alcohol
10G
---
(1) Excise goods produced or imported in Nepal must use
the excise stickers as specified by the Department.
(2) The form of the excise stickers shall be as determined
by the Department.”
Use of Excise Stickers10J1
31
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
(1) No one shall produce, import, sell or store goods subject to
excise duty or provide services subject to excise duty without
obtaining a license in accordance with this Act.
Provided that it is not required to obtain a license to import
goods subject to excise duty under diplomatic privilege on the
recommendation of the Ministry of Foreign Affairs,
Government of Nepal, and to sell or store goods under the
self-release system.
(1) No one shall produce, import, sell or store goods subject to
excise duty or provide services subject to excise duty without
obtaining a license in accordance with this Act.
Provided that it is not required to obtain a license to import
goods subject to excise duty under diplomatic privilege on the
recommendation of the Ministry of Foreign Affairs,
Government of Nepal, and to import,sell or store goods
under the self-release system.
Provisions relating to
License
9 (1)
(6A) A licensee involved in manufacturing and importation
who does not make renewal within the period referred to in
subsection (5) shall, for making renewal, pay a fine of fifty
percent of the renewal fee if it is within first three months of
the expiration of such period and hundred percent if it is
within three months thereafter.
(6A) A licensee involved in manufacturing and importation
who does not make renewal within the period referred to in
subsection (5) shall, for making renewal, pay a fine of fifty
percent of the renewal fee if it is within first three months of
the expiration of such period, hundred percent for the next
three months, and 200% of the remaining fiscal year's fee
thereafter.
Provisions relating to
License
9 (6A)
The excise duty officer may, at any time, examine the volume
or quality of alcohol in liquor and other alcohol-based
substance released with approval. More than one percent of
variation in the volume of alcohol or significant variation in
quality shall not be allowed.
The excise duty officer may, at any time, examine the volume
or quality of alcohol in liquor and other alcohol-based
substance released with approval in the Department's
Laboratory or Laboratory as specified by the Department.
More than one percent of variation in the volume of alcohol or
significant variation in quality shall not be allowed.
To Examine Volume of
Alcohol
10G
---
(1) Excise goods produced or imported in Nepal must use
the excise stickers as specified by the Department.
(2) The form of the excise stickers shall be as determined
by the Department.”
Use of Excise Stickers10J1
31
Excise Act –Amendments (3/4)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
Explanation: For the purposes of this section, "counterfeit excise
sticker" means:
(1) An excise sticker that does not meet the security mark,
characteristics, or quality standards approved by the Department;
(2) An excise sticker intended for one industry or establishment used
by another industry or establishment;
(3) An excise sticker intended for one category of product used on
another category of product without Departmental approval;
(4) An excise sticker reused after being used once;
(5) An excise sticker with a fake or tampered QR code.
Examination of Excise Duty
Ticket
10K
---
(1) Excise stickers that do not meet the specifications or standards
set by the Department, including those that are damaged, expired, or
deemed unusable for any reason such as mismatched serial
numbers, changes in the Nepal Government logo, missing serial
numbers, incorrect size or shape, or those damaged by fire or other
causes, may be destroyed after verification by the Department. If
verification is not possible, the stickers shall be destroyed using the
prescribed method.
(2) Expired goods such as tobacco, beer, wine, and other excisable
items that cannot be used shall be destroyed according to the
procedure determined.
Allowed to be Destroyed10L
32
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
Explanation: For the purposes of this section, "counterfeit excise
sticker" means:
(1) An excise sticker that does not meet the security mark,
characteristics, or quality standards approved by the Department;
(2) An excise sticker intended for one industry or establishment used
by another industry or establishment;
(3) An excise sticker intended for one category of product used on
another category of product without Departmental approval;
(4) An excise sticker reused after being used once;
(5) An excise sticker with a fake or tampered QR code.
Examination of Excise Duty
Ticket
10K
---
(1) Excise stickers that do not meet the specifications or standards
set by the Department, including those that are damaged, expired, or
deemed unusable for any reason such as mismatched serial
numbers, changes in the Nepal Government logo, missing serial
numbers, incorrect size or shape, or those damaged by fire or other
causes, may be destroyed after verification by the Department. If
verification is not possible, the stickers shall be destroyed using the
prescribed method.
(2) Expired goods such as tobacco, beer, wine, and other excisable
items that cannot be used shall be destroyed according to the
procedure determined.
Allowed to be Destroyed10L
32
Excise Act –Amendments (4/4)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
(k) in the case of a failure to collect excise duty when selling
goods and service under the self-removal system or in the
case of collecting less excise duty -hundred percent of the
amount of excise duty not collected or collected less.
(k) in the case of a failure to collect excise duty when selling
goods and service under the self-removal of self-
manufactured goods by the producerself-removal system
or in the case of collecting less excise duty -hundred percent
of the amount of excise duty not collected or collected less.
Punishment16 (4) (K)
(S) In the case of a finding upon examination of stock of a
licensee producing molasses and sprit and other substance
subject to excise duty which are used as raw materials of
liquor, cigarette, tobacco product and liquor that stock of
goods exceeds that mentioned in the purchase account or
stock account specified under the Excise Duty Regulation,
2002, hundred percent of the market price of such excess
goods after setting such price upon accounting such goods
as incomings.
(S) In the case of a finding upon examination of stock of a
licensee producing molasses and sprit and other substance
subject to excise duty which are used as raw materials of
liquor, cigarette, tobacco product and liquor that stock of
goods exceeds that mentioned in the purchase account or
stock account as prescribedspecified under the Excise
Duty Regulation, 2002, hundred percent of the market price
of such excess goods after setting such price upon
accounting such goods as incomings.
Punishment16 (4) (S)
Usage of words -"Surti Janya Padarth"Replaced with -"Surti Janya Vastu” "Surti Janya Padarth"Excise Duty Act, 2058General
Usage of words -"Chulai"Replaced with -"Distillation” "Chulai"Excise Duty Act, 2058General
33
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
(k) in the case of a failure to collect excise duty when selling
goods and service under the self-removal system or in the
case of collecting less excise duty -hundred percent of the
amount of excise duty not collected or collected less.
(k) in the case of a failure to collect excise duty when selling
goods and service under the self-removal of self-
manufactured goods by the producerself-removal system
or in the case of collecting less excise duty -hundred percent
of the amount of excise duty not collected or collected less.
Punishment16 (4) (K)
(S) In the case of a finding upon examination of stock of a
licensee producing molasses and sprit and other substance
subject to excise duty which are used as raw materials of
liquor, cigarette, tobacco product and liquor that stock of
goods exceeds that mentioned in the purchase account or
stock account specified under the Excise Duty Regulation,
2002, hundred percent of the market price of such excess
goods after setting such price upon accounting such goods
as incomings.
(S) In the case of a finding upon examination of stock of a
licensee producing molasses and sprit and other substance
subject to excise duty which are used as raw materials of
liquor, cigarette, tobacco product and liquor that stock of
goods exceeds that mentioned in the purchase account or
stock account as prescribedspecified under the Excise
Duty Regulation, 2002, hundred percent of the market price
of such excess goods after setting such price upon
accounting such goods as incomings.
Punishment16 (4) (S)
Usage of words -"Surti Janya Padarth"Replaced with -"Surti Janya Vastu” "Surti Janya Padarth"Excise Duty Act, 2058General
Usage of words -"Chulai"Replaced with -"Distillation” "Chulai"Excise Duty Act, 2058General
33
Excise Tariff –Amendments (1/6)
ImpactOld RateNew RateDescriptionSub-Heading
Decreased15%10%Pistachios, Shelled0802.11.00
Added -15%Copra (Dried Section Of Coconut Fruit )1203.00.00
Decreased10%-Cocopit1404.90.91
Added -10%Others1517.90.00
Increased 105 per quintal 110 per quintal Molasses Resulting From The Extraction Or Refining Of Sugar1703.10.00
Increased 105 per quintal 110 per quintal Others1703.90.00
Added -10%On Defatted Basis, Less Than 6% Of Cocoa Or Completely Non-Coated Productions1904.10.10
Added -10%Corn Flakes1904.10.91
Added -10%Others1904.10.99
Added -10%Prepared Foods Obtained From Unroasted Cereals Flakes And Roasted Cereal Flakes Or Puffed Cereals1904.20.00
Added -10%Bulgur Wheat1904.30.00
Added -10%Others1904.90.90
Increased 13.00 per litre 13.50 per litre Frozen2009.11.00
Increased 13.00 per litre 13.50 per litre Non-Frozen, Brix Value Not Exceeding 202009.12.00
Increased 13.00 per litre 13.50 per litre Others2009.19.00
Increased 13.00 per litre 13.50 per litre Brix Value Not Exceeding 202009.21.00
Increased 13.00 per litre 13.50 per litre Others2009.29.00
Increased 13.00 per litre 13.50 per litre Brix Value Not Exceeding 202009.31.00
Increased 13.00 per litre 13.50 per litre Others2009.39.00
Increased 13.00 per litre 13.50 per litre Brix Value Not Exceeding 202009.41.00
Increased 13.00 per litre 13.50 per litre Others2009.49.00
Increased 13.00 per litre 13.50 per litre Tomato Juice2009.50.00
Increased 13.00 per litre 13.50 per litre Brix Value Not Exceeding 302009.61.00
Increased 13.00 per litre 13.50 per litre Others2009.69.00
Increased 13.00 per litre 13.50 per litre Brix Value Not Exceeding 202009.71.00
Increased 13.00 per litre 13.50 per litre Others2009.79.00
Increased 13.00 per litre 13.50 per litre Cranberry (Vaccinium Oxycoccus, Vaccinium Macrocarpon) Juice; Lingonberry (Vaccinium Vitis-Idaea) Juice:2009.81.00
Increased 13.00 per litre 13.50 per litre Mango Juice2009.89.10
Increased 13.00 per litre 13.50 per litre Others2009.89.90
Increased 13.00 per litre 13.50 per litre Mixtures Of Juices2009.90.00
Increased20%30%Ice Cream With Or Without Cocoa And Other Edible Ice2105.00.00
34
ImpactOld RateNew RateDescriptionSub-Heading
Decreased15%10%Pistachios, Shelled0802.11.00
Added -15%Copra (Dried Section Of Coconut Fruit )1203.00.00
Decreased10%-Cocopit1404.90.91
Added -10%Others1517.90.00
Increased 105 per quintal 110 per quintal Molasses Resulting From The Extraction Or Refining Of Sugar1703.10.00
Increased 105 per quintal 110 per quintal Others1703.90.00
Added -10%On Defatted Basis, Less Than 6% Of Cocoa Or Completely Non-Coated Productions1904.10.10
Added -10%Corn Flakes1904.10.91
Added -10%Others1904.10.99
Added -10%Prepared Foods Obtained From Unroasted Cereals Flakes And Roasted Cereal Flakes Or Puffed Cereals1904.20.00
Added -10%Bulgur Wheat1904.30.00
Added -10%Others1904.90.90
Increased 13.00 per litre 13.50 per litre Frozen2009.11.00
Increased 13.00 per litre 13.50 per litre Non-Frozen, Brix Value Not Exceeding 202009.12.00
Increased 13.00 per litre 13.50 per litre Others2009.19.00
Increased 13.00 per litre 13.50 per litre Brix Value Not Exceeding 202009.21.00
Increased 13.00 per litre 13.50 per litre Others2009.29.00
Increased 13.00 per litre 13.50 per litre Brix Value Not Exceeding 202009.31.00
Increased 13.00 per litre 13.50 per litre Others2009.39.00
Increased 13.00 per litre 13.50 per litre Brix Value Not Exceeding 202009.41.00
Increased 13.00 per litre 13.50 per litre Others2009.49.00
Increased 13.00 per litre 13.50 per litre Tomato Juice2009.50.00
Increased 13.00 per litre 13.50 per litre Brix Value Not Exceeding 302009.61.00
Increased 13.00 per litre 13.50 per litre Others2009.69.00
Increased 13.00 per litre 13.50 per litre Brix Value Not Exceeding 202009.71.00
Increased 13.00 per litre 13.50 per litre Others2009.79.00
Increased 13.00 per litre 13.50 per litre Cranberry (Vaccinium Oxycoccus, Vaccinium Macrocarpon) Juice; Lingonberry (Vaccinium Vitis-Idaea) Juice:2009.81.00
Increased 13.00 per litre 13.50 per litre Mango Juice2009.89.10
Increased 13.00 per litre 13.50 per litre Others2009.89.90
Increased 13.00 per litre 13.50 per litre Mixtures Of Juices2009.90.00
Increased20%30%Ice Cream With Or Without Cocoa And Other Edible Ice2105.00.00
34
Excise Tariff –Amendments (2/6)
ImpactOld RateNew RateDescriptionSub-Heading
Increased 850.00 per kg 875.00 per kg Tobacco-Free Paan Masala2106.90.20
Increased 365.00 per kg 375.00 per kg Tobacco-Free Scented Beetle Nuts(Supari)2106.90.60
Increased 35.00 per litre 45.00 per litre Non-Alcoholic Beer2202.91.00
Increased 50.00 per litre 52.00 per litre Energy Drinks2202.99.10
Increased 235.00 per litre 240.00 per litre Containing Upto 5% Alcohol2203.00.10
Increased 235.00 per litre 240.00 per litre Containing More Than 5% Alcohol2203.00.20
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2204.10.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2204.10.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2204.10.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2204.21.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2204.21.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2204.21.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2204.22.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2204.22.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2204.22.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2204.29.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2204.29.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2204.29.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2204.30.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2204.30.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2204.30.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2205.10.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2205.10.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2205.10.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2205.90.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2205.90.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2205.90.30
Increased 43.00 per litre 48.00 per litre Chhyang(Country Liquor)2206.00.10
35
ImpactOld RateNew RateDescriptionSub-Heading
Increased 850.00 per kg 875.00 per kg Tobacco-Free Paan Masala2106.90.20
Increased 365.00 per kg 375.00 per kg Tobacco-Free Scented Beetle Nuts(Supari)2106.90.60
Increased 35.00 per litre 45.00 per litre Non-Alcoholic Beer2202.91.00
Increased 50.00 per litre 52.00 per litre Energy Drinks2202.99.10
Increased 235.00 per litre 240.00 per litre Containing Upto 5% Alcohol2203.00.10
Increased 235.00 per litre 240.00 per litre Containing More Than 5% Alcohol2203.00.20
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2204.10.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2204.10.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2204.10.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2204.21.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2204.21.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2204.21.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2204.22.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2204.22.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2204.22.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2204.29.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2204.29.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2204.29.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2204.30.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2204.30.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2204.30.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2205.10.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2205.10.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2205.10.30
Increased 444.00 per litre 460.00 per litre Containing Upto 12% Alcohol2205.90.10
Increased 444.00 per litre 460.00 per litre Containing More Than 12% And Up To 17% Alcohol2205.90.20
Increased 516.00 per litre 535.00 per litre Containing More Than 17% Alcohol2205.90.30
Increased 43.00 per litre 48.00 per litre Chhyang(Country Liquor)2206.00.10
35
Excise Tariff –Amendments (3/6)
ImpactOld RateNew RateDescriptionSub-Heading
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Brandy2208.20.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Brandy2208.20.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Brandy2208.20.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.20.99
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Whisky2208.30.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Whisky2208.30.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Whisky2208.30.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.30.99
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Rum And Other Spirits2208.40.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Rum And Other Spirits2208.40.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Rum And Other Spirits2208.40.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.40.99
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Gin And Genevar2208.50.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Gin And Genevar2208.50.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Gin And Genevar2208.50.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.50.99
36
ImpactOld RateNew RateDescriptionSub-Heading
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Brandy2208.20.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Brandy2208.20.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Brandy2208.20.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.20.99
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Whisky2208.30.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Whisky2208.30.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Whisky2208.30.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.30.99
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Rum And Other Spirits2208.40.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Rum And Other Spirits2208.40.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Rum And Other Spirits2208.40.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.40.99
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Gin And Genevar2208.50.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Gin And Genevar2208.50.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Gin And Genevar2208.50.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.50.99
36
Excise Tariff –Amendments (4/6)
ImpactOld RateNew RateDescriptionSub-Heading
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Vodka2208.60.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Vodka2208.60.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Vodka2208.60.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.60.99
Added -240.00 per litre Alcohol Containing Beverages (Upto 5% Alcohol)2208.70.20
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Liqueurs And Cordial2208.70.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Liqueurs And Cordial2208.70.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Liqueurs And Cordial2208.70.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.70.99
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content)2208.90.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content)2208.90.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content)2208.90.93
Increased
630.00 per litre
1050.00 per LP litre
650.00 per litre
1083.00 per LP litre
40 Up Value (With 34.23% Of Alcohol Content)2208.90.94
Increased
485.00 per litre
970.00 per LP litre
490.00 per litre
980.00 per LP litre
50 Up Value (With 28.53% Of Alcohol Content)2208.90.95
Increased
50.00 per litre
165.00 per LP litre
60.00 per litre
200.00 per LP litre
70 Up Value (With 17.12% Of Alcohol Content)2208.90.96
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.90.99
37
ImpactOld RateNew RateDescriptionSub-Heading
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Vodka2208.60.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Vodka2208.60.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Vodka2208.60.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.60.99
Added -240.00 per litre Alcohol Containing Beverages (Upto 5% Alcohol)2208.70.20
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content) Liqueurs And Cordial2208.70.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content) Liqueurs And Cordial2208.70.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content) Liqueurs And Cordial2208.70.93
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.70.99
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
15 Up Value (With 48.5% Of Alcohol Content)2208.90.91
Increased
1345.00 per litre
1790.00 per LP litre
1390.00 per litre
1853.00 per LP litre
25 Up Value (With 42.8% Of Alcohol Content)2208.90.92
Increased
1250.00 per litre
1790.00 per LP litre
1290.00 per litre
1843.00 per LP litre
30 Up Value (With 39.94% Of Alcohol Content)2208.90.93
Increased
630.00 per litre
1050.00 per LP litre
650.00 per litre
1083.00 per LP litre
40 Up Value (With 34.23% Of Alcohol Content)2208.90.94
Increased
485.00 per litre
970.00 per LP litre
490.00 per litre
980.00 per LP litre
50 Up Value (With 28.53% Of Alcohol Content)2208.90.95
Increased
50.00 per litre
165.00 per LP litre
60.00 per litre
200.00 per LP litre
70 Up Value (With 17.12% Of Alcohol Content)2208.90.96
Increased
1800.00 per litre
2120.00 per LP litre
1860.00 per litre
2188.00 per LP litre
Others2208.90.99
37
Excise Tariff –Amendments (5/6)
ImpactOld RateNew RateDescriptionSub-Heading
Increased 30.00 per cigarette 31.00 per cigarette Cigars, Cheroots, And Cigarillos2402.10.00
Increased 730.00 per m 755.00 per m Not Filtered2402.20.10
Increased 1690.00 per m 1740.00 per m In A Length Up To 70 Mm2402.20.21
Increased 2330.00 per m 2370.00 per m In A Length From 70 Mm Up To 75 Mm2402.20.22
Increased 2970.00 per m 3060.00 per m In A Length From 75 Mm Up To 85 Mm2402.20.23
Increased 4080.00 per m 4200.00 per m In A Length More Than 85 Mm2402.20.24
Increased 94.00 per m 96.00 per m Snuff2402.90.10
Increased 30.00 per cigarette 31.00 per cigarette All Types Of Cigars2402.90.20
Increased 30.00 per cigarette 31.00 per cigarette Others2402.90.90
Increased 475.00 per kg 500.00 per kg Homogenized Or Reconstituted Tobacco2403.91.00
Increased 850.00 per kg 880.00 per kg Jarda, Khaini, Snuff, Guthka And Similar Preparations Containing Chewing Tobacco2403.99.10
Increased 475.00 per kg 520.00 per kg Packed Chewing Tobacco, To Be Mixed In Lime, Put Up For Retail Sale2403.99.20
Increased 475.00 per kg 480.00 per kg Cut Tobacco, Dust Tobacco Not For Retail Sale2403.99.30
Increased 1400.00 per kg 1500.00 per kg Hookah Flavor2403.99.91
Increased 475.00 per kg 520.00 per kg Others2403.99.99
Increased 475.00 per kg 520.00 per kg Containing Tobacco Or Reconstituted Tobacco2404.11.00
Increased 475.00 per kg 40%E-Cigarettes / Vapes2404.12.10
Increased 475.00 per kg 40%Others2404.12.20
Increased 475.00 per kg 40%Others2404.19.00
Increased15%20%Personal Deodorants And Antiperspirants3307.20.00
Added -5%Products Suitable For Use As Glues Or Adhesives, Put Up For Retail Sale Not Exceeding Net Weight Of 1 Kg3506.10.00
Added -5%Adhesives Based On Polymers Of Headings 39.01 To 39.133506.91.00
Added -5%Other Adhesives3506.99.00
Added -10%Hydraulic Brake Fluids3819.00.10
Added -10%Others3819.00.90
Added -5%(Preparative Aggregates)Additive(S) For Cement, Mortar And Concrete3824.40.00
Added -5%Non-Refractory Mortars And Concretes3824.50.00
38
ImpactOld RateNew RateDescriptionSub-Heading
Increased 30.00 per cigarette 31.00 per cigarette Cigars, Cheroots, And Cigarillos2402.10.00
Increased 730.00 per m 755.00 per m Not Filtered2402.20.10
Increased 1690.00 per m 1740.00 per m In A Length Up To 70 Mm2402.20.21
Increased 2330.00 per m 2370.00 per m In A Length From 70 Mm Up To 75 Mm2402.20.22
Increased 2970.00 per m 3060.00 per m In A Length From 75 Mm Up To 85 Mm2402.20.23
Increased 4080.00 per m 4200.00 per m In A Length More Than 85 Mm2402.20.24
Increased 94.00 per m 96.00 per m Snuff2402.90.10
Increased 30.00 per cigarette 31.00 per cigarette All Types Of Cigars2402.90.20
Increased 30.00 per cigarette 31.00 per cigarette Others2402.90.90
Increased 475.00 per kg 500.00 per kg Homogenized Or Reconstituted Tobacco2403.91.00
Increased 850.00 per kg 880.00 per kg Jarda, Khaini, Snuff, Guthka And Similar Preparations Containing Chewing Tobacco2403.99.10
Increased 475.00 per kg 520.00 per kg Packed Chewing Tobacco, To Be Mixed In Lime, Put Up For Retail Sale2403.99.20
Increased 475.00 per kg 480.00 per kg Cut Tobacco, Dust Tobacco Not For Retail Sale2403.99.30
Increased 1400.00 per kg 1500.00 per kg Hookah Flavor2403.99.91
Increased 475.00 per kg 520.00 per kg Others2403.99.99
Increased 475.00 per kg 520.00 per kg Containing Tobacco Or Reconstituted Tobacco2404.11.00
Increased 475.00 per kg 40%E-Cigarettes / Vapes2404.12.10
Increased 475.00 per kg 40%Others2404.12.20
Increased 475.00 per kg 40%Others2404.19.00
Increased15%20%Personal Deodorants And Antiperspirants3307.20.00
Added -5%Products Suitable For Use As Glues Or Adhesives, Put Up For Retail Sale Not Exceeding Net Weight Of 1 Kg3506.10.00
Added -5%Adhesives Based On Polymers Of Headings 39.01 To 39.133506.91.00
Added -5%Other Adhesives3506.99.00
Added -10%Hydraulic Brake Fluids3819.00.10
Added -10%Others3819.00.90
Added -5%(Preparative Aggregates)Additive(S) For Cement, Mortar And Concrete3824.40.00
Added -5%Non-Refractory Mortars And Concretes3824.50.00
38
Excise Tariff –Amendments (6/6)
ImpactOld RateNew RateDescriptionSub-Heading
Increased5%10%Floor Coverings In The Form Of Tiles Or Rolls3918.10.10
Increased5%10%Others, Other Plastic3918.10.90
Increased5%10%Floor Coverings In The Form Of Tiles Or Rolls3918.90.10
Increased5%10%Others3918.90.90
Added -10%Bamboo4823.61.00
Added -10%Others4823.69.00
Added -10%Molded Or Pressed Articles Of Paper Pulp4823.70.00
Decreased 2500 per MT -Semi-Finished Products of Iron or Non-Alloy Steel72.07
Added -10%Profiles Of Unalloyed Aluminum7604.10.10
Added -5%Laptop & Notebooks8471.30.10
Added -5%Unassembled Condition8702.40.41
Added -5%Others 8702.40.49
Added -5%Unassembled Condition 8703.80.21
Added -5%Others8703.80.29
Added -15%Unassembled Motor Vehicles8703.80.51
Increased10%15%Others8703.80.59
Added -20%Unassembled Motor Vehicles8703.80.61
Added -35%Unassembled Motor Vehicles8703.80.71
Decreased45%35%Others8703.80.79
Added -50%Unassembled Motor Vehicles8703.80.81
Decreased60%50%Others8703.80.89
Added -60%Unassembled Motor Vehicles8703.80.91
Added -5%Other Four Wheelers8704.60.90
39
ImpactOld RateNew RateDescriptionSub-Heading
Increased5%10%Floor Coverings In The Form Of Tiles Or Rolls3918.10.10
Increased5%10%Others, Other Plastic3918.10.90
Increased5%10%Floor Coverings In The Form Of Tiles Or Rolls3918.90.10
Increased5%10%Others3918.90.90
Added -10%Bamboo4823.61.00
Added -10%Others4823.69.00
Added -10%Molded Or Pressed Articles Of Paper Pulp4823.70.00
Decreased 2500 per MT -Semi-Finished Products of Iron or Non-Alloy Steel72.07
Added -10%Profiles Of Unalloyed Aluminum7604.10.10
Added -5%Laptop & Notebooks8471.30.10
Added -5%Unassembled Condition8702.40.41
Added -5%Others 8702.40.49
Added -5%Unassembled Condition 8703.80.21
Added -5%Others8703.80.29
Added -15%Unassembled Motor Vehicles8703.80.51
Increased10%15%Others8703.80.59
Added -20%Unassembled Motor Vehicles8703.80.61
Added -35%Unassembled Motor Vehicles8703.80.71
Decreased45%35%Others8703.80.79
Added -50%Unassembled Motor Vehicles8703.80.81
Decreased60%50%Others8703.80.89
Added -60%Unassembled Motor Vehicles8703.80.91
Added -5%Other Four Wheelers8704.60.90
39
CUSTOMS DUTY
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Customs Act –Amendments (1/1)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
As per this section the post clearance audit can be done upto
4 Years from the date of Clearance of goods.
However, if it is proved that an exporter or importer has
prepared false documents or filed a lower duty than the
applicable law, the customs examiner may take the
permission of the director general and conduct an
examination even after 4 years.
As per this section the post clearance audit can be done upto
2 Years4 Yearsfrom the date of Clearance of goods.
However, if it is proved that an exporter or importer has
prepared false documents or filed a lower duty than the
applicable law, the customs examiner may take the
permission of the director general and conduct an
examination even after 2 years4 Years.
Post Clearance Audit34 (18)
The concerned Customs Office shall publish a seven-day
public notice for taking delivery of the goods which have not
been cleared within the period referred to in sub-section (2).
The concerned Customs Office shall publish a fifteen-day
seven-daypublic notice for taking delivery of the goods
which have not been cleared within the period referred to in
sub-section (2).
Ownership of goods seized
and not cleared from
customs belonging to
Government of Nepal:
47 (3)
If any goods are decided to be confiscated in accordance
with this Act, the following goods related to such goods will
also be confiscated:
(a) Parcels, packets or containers used to pack or transport
goods
If any goods are decided to be confiscated in accordance
with this Act, the following goods related to such goods will
also be confiscated:
(a) Parcels, packets or containers used to pack or transport
goods other than a container carried by cargo rail
Goods to be Forfeited:49 (A)
Usage of words -
"Government of Nepal"
Replaced with -
"Government of Nepal,
Ministry of Finance"
Provisions related to
Valuation Review
Committee
61
41
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
As per this section the post clearance audit can be done upto
4 Years from the date of Clearance of goods.
However, if it is proved that an exporter or importer has
prepared false documents or filed a lower duty than the
applicable law, the customs examiner may take the
permission of the director general and conduct an
examination even after 4 years.
As per this section the post clearance audit can be done upto
2 Years4 Yearsfrom the date of Clearance of goods.
However, if it is proved that an exporter or importer has
prepared false documents or filed a lower duty than the
applicable law, the customs examiner may take the
permission of the director general and conduct an
examination even after 2 years4 Years.
Post Clearance Audit34 (18)
The concerned Customs Office shall publish a seven-day
public notice for taking delivery of the goods which have not
been cleared within the period referred to in sub-section (2).
The concerned Customs Office shall publish a fifteen-day
seven-daypublic notice for taking delivery of the goods
which have not been cleared within the period referred to in
sub-section (2).
Ownership of goods seized
and not cleared from
customs belonging to
Government of Nepal:
47 (3)
If any goods are decided to be confiscated in accordance
with this Act, the following goods related to such goods will
also be confiscated:
(a) Parcels, packets or containers used to pack or transport
goods
If any goods are decided to be confiscated in accordance
with this Act, the following goods related to such goods will
also be confiscated:
(a) Parcels, packets or containers used to pack or transport
goods other than a container carried by cargo rail
Goods to be Forfeited:49 (A)
Usage of words -
"Government of Nepal"
Replaced with -
"Government of Nepal,
Ministry of Finance"
Provisions related to
Valuation Review
Committee
61
41
CUSTOMS BILL 2081
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Customs Act –HSN Classification (1/3)
New DescriptionNew National SubtitlesOld DescriptionOld Subtitles
Guavas0804.50.10Guavas, Mangoes And Mangosteens0804.50.00
Mangoes0804.50.20
Mangosteens0804.50.30
Alcohol content upto 5%2203.00.10Beer Made From Malt.2203.00.00
Alcohol content more than 5%2203.00.20
Alcohol mixed Drinks (Alcohol content upto 5%)2208.70.20Liqueurs And Cordials2208.70.00
Others, Containing NicotineOthers, Containing Nicotine2404.12.00
E-Cigarettes (Vape)2404.12.10
Others2404.12.90
Cut Tobacco, Dust Tobacco Not For Retail SalePacked Chewing Tobacco Mixed In Lime, Put Up For Retail Sale2403.99.20
Packed Chewing Tobacco Mixed In Lime, Put Up For Retail SaleCut Tobacco, Dust Tobacco Not For Retail Sale2403.99.30
Fluoromethane (HFC-41),
1,2-Difluoroethane (HFC-152) and
1,1-Difluoroethene (HFC-152A)
Fluoromethane (HFC-41),
1,2-Difluoroethane (HFC-152) and
1,1-Difluoroethene (HFC-152A)
2903.43.00
Fluoromethane (HFC-41)2903.43.10
1,2-Difluoroethane (HFC-152)2903.43.20
1,1-Difluoroethene (HFC-152A)2903.43.30
1,1,1,2-Tetrafluoroethane (HFC-134A) and
1,1,2,2-Tetrafluoroethene (HFC-134)
1,1,1,2-Tetrafluoroethane (HFC-134A) and
1,1,2,2-Tetrafluoroethene (HFC-134)
2903.45.00
1,1,1,2-Tetrafluoroethane (HFC-134A)2905.45.10
1,1,2,2-Tetrafluoroethene (HFC-134)2903.45.20
1,1,1,2,3,3,3-Heptafluoropropane (HFC-227Ea),
1,1,2,2,3-Hexafluoropropane (HFC-236Cb),
1,1,1,2,3,3-Hexafluoropropane (HFC-236Ea) and
1,1,1,3,3,3-Hexafluoropropane (HFC-236Fa)
1,1,1,2,3,3,3-Heptafluoropropane (HFC-227Ea), 1,1,2,2,3-
Hexafluoropropane (HFC-236Cb),
1,1,1,2,3,3-Hexafluoropropane (HFC-236Ea) and 1,1,1,3,3,3-
Hexafluoropropane (HFC-236Fa)
2903.46.00
1,1,1,2,3,3,3-Heptafluoropropane (HFC-227EA)2903.46.10
1,1,2,2,3-Hexafluoropropane (HFC-236CB)
1,1,1,2,3,3-Hexafluoropropane (HFC-236EA)
2903.46.20
1,1,1,3,3,3-Hexafluoropropane (HFC-236FA)2903.46.30
43
New DescriptionNew National SubtitlesOld DescriptionOld Subtitles
Guavas0804.50.10Guavas, Mangoes And Mangosteens0804.50.00
Mangoes0804.50.20
Mangosteens0804.50.30
Alcohol content upto 5%2203.00.10Beer Made From Malt.2203.00.00
Alcohol content more than 5%2203.00.20
Alcohol mixed Drinks (Alcohol content upto 5%)2208.70.20Liqueurs And Cordials2208.70.00
Others, Containing NicotineOthers, Containing Nicotine2404.12.00
E-Cigarettes (Vape)2404.12.10
Others2404.12.90
Cut Tobacco, Dust Tobacco Not For Retail SalePacked Chewing Tobacco Mixed In Lime, Put Up For Retail Sale2403.99.20
Packed Chewing Tobacco Mixed In Lime, Put Up For Retail SaleCut Tobacco, Dust Tobacco Not For Retail Sale2403.99.30
Fluoromethane (HFC-41),
1,2-Difluoroethane (HFC-152) and
1,1-Difluoroethene (HFC-152A)
Fluoromethane (HFC-41),
1,2-Difluoroethane (HFC-152) and
1,1-Difluoroethene (HFC-152A)
2903.43.00
Fluoromethane (HFC-41)2903.43.10
1,2-Difluoroethane (HFC-152)2903.43.20
1,1-Difluoroethene (HFC-152A)2903.43.30
1,1,1,2-Tetrafluoroethane (HFC-134A) and
1,1,2,2-Tetrafluoroethene (HFC-134)
1,1,1,2-Tetrafluoroethane (HFC-134A) and
1,1,2,2-Tetrafluoroethene (HFC-134)
2903.45.00
1,1,1,2-Tetrafluoroethane (HFC-134A)2905.45.10
1,1,2,2-Tetrafluoroethene (HFC-134)2903.45.20
1,1,1,2,3,3,3-Heptafluoropropane (HFC-227Ea),
1,1,2,2,3-Hexafluoropropane (HFC-236Cb),
1,1,1,2,3,3-Hexafluoropropane (HFC-236Ea) and
1,1,1,3,3,3-Hexafluoropropane (HFC-236Fa)
1,1,1,2,3,3,3-Heptafluoropropane (HFC-227Ea), 1,1,2,2,3-
Hexafluoropropane (HFC-236Cb),
1,1,1,2,3,3-Hexafluoropropane (HFC-236Ea) and 1,1,1,3,3,3-
Hexafluoropropane (HFC-236Fa)
2903.46.00
1,1,1,2,3,3,3-Heptafluoropropane (HFC-227EA)2903.46.10
1,1,2,2,3-Hexafluoropropane (HFC-236CB)
1,1,1,2,3,3-Hexafluoropropane (HFC-236EA)
2903.46.20
1,1,1,3,3,3-Hexafluoropropane (HFC-236FA)2903.46.30
43
Customs Act –HSN Classification (2/3)
New DescriptionNew National SubtitlesOld DescriptionOld Subtitles
1,1,1,3,3-Pentafluoropropane (HFC-245Fa) and
1,1,2,2,3-Pentafluoropropane (HFC-245Ca)
1,1,1,3,3-Pentafluoropropane (HFC-245Fa) and 1,1,2,2,3-
Pentafluoropropane (HFC-245Ca)
2903.47.00
1,1,1,3,3-Pentafluoropropane (HFC-245FA)2903.47.10
1,1,2,2,3-Pentafluoropropane (HFC-245CA)2903.47.20
1,1,1,3,3-Pentafluorobutane (HFC-365Mfc) and 1,1,1,2,2,3,4,5,5,5-
Decafluoropentane (HFC-43-10Mee)
1,1,1,3,3-Pentafluorobutane (HFC-365Mfc) and 1,1,1,2,2,3,4,5,5,5-
Decafluoropentane (HFC-43-10Mee)
2903.48.00
1,1,1,3,3-Pentafluorobutane (HFC-365MFC)2903.48.10
1,1,1,2,2,3,4,5,5,5-Decafluoropentane (HFC-43-10MEE)2903.48.20
2,3,3,3-Tetrafluoropropene (HFO-1234Yf),
1,3,3,3-Tetrafluoropropene (HFO-1234Ze) and
Z-1,1,1,4,4,4-Hexafluoro-2-Butene (HFO-1336Mzz)
2,3,3,3-Tetrafluoropropene (HFO-1234Yf),
1,3,3,3-Tetrafluoropropene (HFO-1234Ze) and
Z-1,1,1,4,4,4-Hexafluoro-2-Butene (HFO-1336Mzz)
2903.51.00
2,3,3,3-Tetrafluoropropene (HFO-1234YF)2903.51.10
1,3,3,3-Tetrafluoropropene (HFO-1234ZE)2903.51.20
Z-1,1,1,4,4,4-Hexafluoro-2-Butene (HFO-1336MZZ)2903.51.30
1,1,1-Trifluoroethane (HFC-143A)
Mixtures Containing 15% Or More By Mass
1,1,1-Trifluoroethane (HFC-143A)
Mixtures Containing 15% Or More By Mass
3827.61.00
R-404 A3827.61.10
Other3827.61.90
Other, Not Included In The Above Subheadings, Mixtures Containing
40% Or More By Mass Of Pentafluoroethane (HFC-125)
Other, Not Included In The Above Subheadings, Mixtures Containing
40% Or More By Mass Of Pentafluoroethane (HFC-125)
3827.63.00
R-407A3827.63.10
R-410A3827.63.20
Other3827.63.90
Other, Not Included In The Above Subheadings, Mixtures Containing
20% Or More By Mass Of Difluoromethane (HFC-32) And 20% Or More
By Mass Of Pentafluoroethane (HFC-125)
Other, Not Included In The Above Subheadings, Mixtures Containing
20% Or More By Mass Of Difluoromethane (HFC-32) And 20% Or
More By Mass Of Pentafluoroethane (HFC-125)
3827.65.00
R-448A3827.65.10
Other3827.65.90
44
New DescriptionNew National SubtitlesOld DescriptionOld Subtitles
1,1,1,3,3-Pentafluoropropane (HFC-245Fa) and
1,1,2,2,3-Pentafluoropropane (HFC-245Ca)
1,1,1,3,3-Pentafluoropropane (HFC-245Fa) and 1,1,2,2,3-
Pentafluoropropane (HFC-245Ca)
2903.47.00
1,1,1,3,3-Pentafluoropropane (HFC-245FA)2903.47.10
1,1,2,2,3-Pentafluoropropane (HFC-245CA)2903.47.20
1,1,1,3,3-Pentafluorobutane (HFC-365Mfc) and 1,1,1,2,2,3,4,5,5,5-
Decafluoropentane (HFC-43-10Mee)
1,1,1,3,3-Pentafluorobutane (HFC-365Mfc) and 1,1,1,2,2,3,4,5,5,5-
Decafluoropentane (HFC-43-10Mee)
2903.48.00
1,1,1,3,3-Pentafluorobutane (HFC-365MFC)2903.48.10
1,1,1,2,2,3,4,5,5,5-Decafluoropentane (HFC-43-10MEE)2903.48.20
2,3,3,3-Tetrafluoropropene (HFO-1234Yf),
1,3,3,3-Tetrafluoropropene (HFO-1234Ze) and
Z-1,1,1,4,4,4-Hexafluoro-2-Butene (HFO-1336Mzz)
2,3,3,3-Tetrafluoropropene (HFO-1234Yf),
1,3,3,3-Tetrafluoropropene (HFO-1234Ze) and
Z-1,1,1,4,4,4-Hexafluoro-2-Butene (HFO-1336Mzz)
2903.51.00
2,3,3,3-Tetrafluoropropene (HFO-1234YF)2903.51.10
1,3,3,3-Tetrafluoropropene (HFO-1234ZE)2903.51.20
Z-1,1,1,4,4,4-Hexafluoro-2-Butene (HFO-1336MZZ)2903.51.30
1,1,1-Trifluoroethane (HFC-143A)
Mixtures Containing 15% Or More By Mass
1,1,1-Trifluoroethane (HFC-143A)
Mixtures Containing 15% Or More By Mass
3827.61.00
R-404 A3827.61.10
Other3827.61.90
Other, Not Included In The Above Subheadings, Mixtures Containing
40% Or More By Mass Of Pentafluoroethane (HFC-125)
Other, Not Included In The Above Subheadings, Mixtures Containing
40% Or More By Mass Of Pentafluoroethane (HFC-125)
3827.63.00
R-407A3827.63.10
R-410A3827.63.20
Other3827.63.90
Other, Not Included In The Above Subheadings, Mixtures Containing
20% Or More By Mass Of Difluoromethane (HFC-32) And 20% Or More
By Mass Of Pentafluoroethane (HFC-125)
Other, Not Included In The Above Subheadings, Mixtures Containing
20% Or More By Mass Of Difluoromethane (HFC-32) And 20% Or
More By Mass Of Pentafluoroethane (HFC-125)
3827.65.00
R-448A3827.65.10
Other3827.65.90
44
Customs Act –HSN Classification (3/3)
New DescriptionNew National SubtitlesOld DescriptionOld Subtitles
Cocopit1404.90.91Others1404.90.90
Other1404.90.99
White Oil2710.19.95White Oil/Liquid Paraffin2710.19.95
Liquid Paraffin Oil2710.19.96
Rubber Rolls4016.99.10Rubber Rolls4016.99.10
Rubber (molds)4016.99.20
Other4016.99.90Other4016.99.90
---This space has been intentionally left blank ---
45
New DescriptionNew National SubtitlesOld DescriptionOld Subtitles
Cocopit1404.90.91Others1404.90.90
Other1404.90.99
White Oil2710.19.95White Oil/Liquid Paraffin2710.19.95
Liquid Paraffin Oil2710.19.96
Rubber Rolls4016.99.10Rubber Rolls4016.99.10
Rubber (molds)4016.99.20
Other4016.99.90Other4016.99.90
---This space has been intentionally left blank ---
45
Customs Tariff (Exports) –Amendments (1/2)
ImpactOld RateNew RateDescriptionSub-Heading
RemovedPer Kg NPR 1---Beans of other species, dried and shelled0713.40.90
RemovedPer Kg NPR 5---Other vegetable products, not elsewhere specified1404.90.99
Added---Per Kg NPR 5Polypropylene3902.10.00
Added---Per Kg NPR 5Polyisobutylene3902.20.00
Added---Per Kg NPR 5Propylene copolymers3902.30.00
Added---Per Kg NPR 5Other polymers of propylene or of other olefins3902.90.00
Decreased200%50%Fuelwood (coniferous)4401.11.00
Decreased200%50%Other fuelwood (non-coniferous)4401.19.00
Decreased200%50%Fuelwood (coniferous)4401.21.00
Decreased200%50%Other fuelwood (non-coniferous)4401.22.00
Removed10%-Wood pellets (untreated)4401.31.00
Removed10%-Wood briquettes4401.32.00
Removed10%-Others4401.39.00
Decreased200%50%Fuelwood (coniferous)4403.11.00
Decreased200%50%Other fuelwood (non-coniferous)4403.12.00
Decreased200%50%Logs of pine species (Pinus spp.), with a diameter of 15 cm or more4403.21.00
Decreased200%50%Logs of pine species (Pinus spp.), others4403.22.00
Decreased200%50%Logs of fir (Abies spp.) or spruce (Picea spp.), with a diameter of 15 cm or more4403.23.00
Decreased200%50%Logs of fir (Abies spp.) or spruce (Picea spp.), others4403.24.00
Decreased200%50%Others, with a diameter of 15 cm or more4403.25.00
Decreased200%50%Others4403.26.00
Decreased200%50%Dark red meranti, light red meranti and meranti bakau4403.41.00
Decreased200%50%Other tropical wood4403.42.00
Decreased200%50%Others4403.49.00
Decreased200%50%Oak (Quercus spp.)4403.91.00
Decreased200%50%Beech (Fagus spp.), with a diameter of 15 cm or more4403.93.00
Decreased200%50%Beech (Fagus spp.), others4403.94.00
Decreased200%50%Maple (Acer spp.), with a diameter of 15 cm or more4403.95.00
Customs Bill 2081 | Schedule 2 | Export Tariff:
46
ImpactOld RateNew RateDescriptionSub-Heading
RemovedPer Kg NPR 1---Beans of other species, dried and shelled0713.40.90
RemovedPer Kg NPR 5---Other vegetable products, not elsewhere specified1404.90.99
Added---Per Kg NPR 5Polypropylene3902.10.00
Added---Per Kg NPR 5Polyisobutylene3902.20.00
Added---Per Kg NPR 5Propylene copolymers3902.30.00
Added---Per Kg NPR 5Other polymers of propylene or of other olefins3902.90.00
Decreased200%50%Fuelwood (coniferous)4401.11.00
Decreased200%50%Other fuelwood (non-coniferous)4401.19.00
Decreased200%50%Fuelwood (coniferous)4401.21.00
Decreased200%50%Other fuelwood (non-coniferous)4401.22.00
Removed10%-Wood pellets (untreated)4401.31.00
Removed10%-Wood briquettes4401.32.00
Removed10%-Others4401.39.00
Decreased200%50%Fuelwood (coniferous)4403.11.00
Decreased200%50%Other fuelwood (non-coniferous)4403.12.00
Decreased200%50%Logs of pine species (Pinus spp.), with a diameter of 15 cm or more4403.21.00
Decreased200%50%Logs of pine species (Pinus spp.), others4403.22.00
Decreased200%50%Logs of fir (Abies spp.) or spruce (Picea spp.), with a diameter of 15 cm or more4403.23.00
Decreased200%50%Logs of fir (Abies spp.) or spruce (Picea spp.), others4403.24.00
Decreased200%50%Others, with a diameter of 15 cm or more4403.25.00
Decreased200%50%Others4403.26.00
Decreased200%50%Dark red meranti, light red meranti and meranti bakau4403.41.00
Decreased200%50%Other tropical wood4403.42.00
Decreased200%50%Others4403.49.00
Decreased200%50%Oak (Quercus spp.)4403.91.00
Decreased200%50%Beech (Fagus spp.), with a diameter of 15 cm or more4403.93.00
Decreased200%50%Beech (Fagus spp.), others4403.94.00
Decreased200%50%Maple (Acer spp.), with a diameter of 15 cm or more4403.95.00
Customs Bill 2081 | Schedule 2 | Export Tariff:
46
Customs Tariff (Exports) –Amendments (2/2)
ImpactOld RateNew RateDescriptionSub-Heading
Decreased200%50%Maple (Acer spp.), others4403.96.00
Decreased200%50%Poplar (Populus spp.) or aspen (Populus spp.)4403.97.00
Decreased200%50%Eucalyptus (Eucalyptus spp.)4403.98.00
Decreased200%50%5 inches or less in diameter, peeled or unpeeled4403.99.10
Decreased200%50%Others4403.99.90
Decreased200%50%Fuelwood (coniferous)4404.10.00
Decreased200%50%Other fuelwood (non-coniferous)4404.20.00
Decreased200%50%Wood wool; wood flour4405.00.00
Decreased200%50%Railway sleepers (coniferous)4406.11.00
Decreased200%50%Railway sleepers (non-coniferous)4406.12.00
Decreased200%50%Railway sleepers (coniferous)4406.91.00
Decreased200%50%Railway sleepers (non-coniferous)4406.92.00
Decreased200%50%Sawn wood of pine species (Pinus spp.)4407.11.00
Decreased200%50%Sawn wood of fir (Abies spp.) or spruce (Picea spp.)4407.12.00
Decreased200%50%Sawn wood of S-P-F (Spruce-Pine-Fir)4407.13.00
Decreased200%50%Sawn wood of hemlock (Tsuga spp.) or fir (Abies spp.)4407.14.00
Decreased200%50%Other sawn wood4407.19.00
Decreased200%50%Sawn wood of mahogany (Swietenia spp.)4407.21.00
Decreased200%50%Sawn wood of virola, imbuia, and balsa4407.22.00
Decreased200%50%Sawn wood of other tropical wood4407.23.00
Decreased200%50%Sawn wood of dark red meranti, light red meranti, and meranti bakau4407.25.00
Decreased200%50%Sawn wood of white lauan, white meranti, white seraya, yellow meranti, and alan4407.26.00
Decreased200%50%Other sawn wood4407.29.00
Decreased200%50%Sawn wood of oak (Quercus spp.)4407.91.00
Decreased200%50%Sawn wood of beech (Fagus spp.)4407.92.00
Decreased200%50%Sawn wood of maple (Acer spp.)4407.96.00
Decreased200%50%Sawn wood of poplar (Populus spp.) or aspen (Populus spp.)4407.97.00
Decreased200%50%Other sawn wood4407.99.00
47
ImpactOld RateNew RateDescriptionSub-Heading
Decreased200%50%Maple (Acer spp.), others4403.96.00
Decreased200%50%Poplar (Populus spp.) or aspen (Populus spp.)4403.97.00
Decreased200%50%Eucalyptus (Eucalyptus spp.)4403.98.00
Decreased200%50%5 inches or less in diameter, peeled or unpeeled4403.99.10
Decreased200%50%Others4403.99.90
Decreased200%50%Fuelwood (coniferous)4404.10.00
Decreased200%50%Other fuelwood (non-coniferous)4404.20.00
Decreased200%50%Wood wool; wood flour4405.00.00
Decreased200%50%Railway sleepers (coniferous)4406.11.00
Decreased200%50%Railway sleepers (non-coniferous)4406.12.00
Decreased200%50%Railway sleepers (coniferous)4406.91.00
Decreased200%50%Railway sleepers (non-coniferous)4406.92.00
Decreased200%50%Sawn wood of pine species (Pinus spp.)4407.11.00
Decreased200%50%Sawn wood of fir (Abies spp.) or spruce (Picea spp.)4407.12.00
Decreased200%50%Sawn wood of S-P-F (Spruce-Pine-Fir)4407.13.00
Decreased200%50%Sawn wood of hemlock (Tsuga spp.) or fir (Abies spp.)4407.14.00
Decreased200%50%Other sawn wood4407.19.00
Decreased200%50%Sawn wood of mahogany (Swietenia spp.)4407.21.00
Decreased200%50%Sawn wood of virola, imbuia, and balsa4407.22.00
Decreased200%50%Sawn wood of other tropical wood4407.23.00
Decreased200%50%Sawn wood of dark red meranti, light red meranti, and meranti bakau4407.25.00
Decreased200%50%Sawn wood of white lauan, white meranti, white seraya, yellow meranti, and alan4407.26.00
Decreased200%50%Other sawn wood4407.29.00
Decreased200%50%Sawn wood of oak (Quercus spp.)4407.91.00
Decreased200%50%Sawn wood of beech (Fagus spp.)4407.92.00
Decreased200%50%Sawn wood of maple (Acer spp.)4407.96.00
Decreased200%50%Sawn wood of poplar (Populus spp.) or aspen (Populus spp.)4407.97.00
Decreased200%50%Other sawn wood4407.99.00
47
Customs Tariff (Imports) –Amendments (1/3)
ImpactOld RateNew RateDescriptionSub-Heading
Increased10%15%--Potatoes0710.10.00
Decreased15%10%--Cashew With Khabata0801.31.00
Increased20%30%--Masala0910.91.00
Removed5%-------Urine Bag3926.90.31
Increased5%15%--Types To Be Used For Medical Purpose. Surgery, Dental Or Veterinary4015.12.00
Decreased15%10%---Rubber Keys (Mold)4016.99.20
Increased15%20%--MutthaOr Gatta(Roll)4810.13.00
Increased15%20%Measuring No More Than 435Mm On One Side Folded And 297Mm On The Other Hand On A Head (Seat)4810.14.00
Increased15%20%--Other4810.19.00
Increased15%20%--Light Weighted Coated Paper4810.22.00
Increased15%20%--Other4810.29.00
Increased15%20%
--Bleached Uniformly Throughout The Mass And Of Which More Than 95% By Weight Of The Total Fibre Content
Consists Of Wood Fibres Obtained By A Chemical Process, And Weighing 150G/M2 Or Less
4810.31.00
Increased15%20%
--Bleached Uniformly Throughout The Mass And Of Which More Than 95% By Weight Of The Total Fibre Content
Consists Of Wood Fibres Obtained By A Chemical Process, And Weighing More Than 150G/M2
4810.32.00
Increased15%20%--Other4810.39.00
Increased15%20%--Coated (Multi-Ply)4810.92.00
Increased15%20%--Other4810.99.00
Decreased15%5%-Rubber Thread And Cord, Textile Covered5604.10.00
Increased15%20%-Tableware And Kitchenware6911.10.00
Increased15%20%-Other6911.90.00
Increased15%20%Ceramic Tableware, Kitchenware, Other Household Articles And Toilet Articles, Other Than Of Porcelain Or China.6912.00.00
Increased15%20%--Powder7108.11.00
Increased15%20%--Other Unwrought Forms7108.12.00
Increased15%20%--Other Semi-Manufactured Forms7108.13.00
Increased15%20%-Monetary7108.20.00
Increased10%20%--Of Cast Iron, Enameled7323.92.00
Increased10%20%--Other7323.99.00
Customs Bill 2081 | Schedule 3 | Import Tariff:
48
ImpactOld RateNew RateDescriptionSub-Heading
Increased10%15%--Potatoes0710.10.00
Decreased15%10%--Cashew With Khabata0801.31.00
Increased20%30%--Masala0910.91.00
Removed5%-------Urine Bag3926.90.31
Increased5%15%--Types To Be Used For Medical Purpose. Surgery, Dental Or Veterinary4015.12.00
Decreased15%10%---Rubber Keys (Mold)4016.99.20
Increased15%20%--MutthaOr Gatta(Roll)4810.13.00
Increased15%20%Measuring No More Than 435Mm On One Side Folded And 297Mm On The Other Hand On A Head (Seat)4810.14.00
Increased15%20%--Other4810.19.00
Increased15%20%--Light Weighted Coated Paper4810.22.00
Increased15%20%--Other4810.29.00
Increased15%20%
--Bleached Uniformly Throughout The Mass And Of Which More Than 95% By Weight Of The Total Fibre Content
Consists Of Wood Fibres Obtained By A Chemical Process, And Weighing 150G/M2 Or Less
4810.31.00
Increased15%20%
--Bleached Uniformly Throughout The Mass And Of Which More Than 95% By Weight Of The Total Fibre Content
Consists Of Wood Fibres Obtained By A Chemical Process, And Weighing More Than 150G/M2
4810.32.00
Increased15%20%--Other4810.39.00
Increased15%20%--Coated (Multi-Ply)4810.92.00
Increased15%20%--Other4810.99.00
Decreased15%5%-Rubber Thread And Cord, Textile Covered5604.10.00
Increased15%20%-Tableware And Kitchenware6911.10.00
Increased15%20%-Other6911.90.00
Increased15%20%Ceramic Tableware, Kitchenware, Other Household Articles And Toilet Articles, Other Than Of Porcelain Or China.6912.00.00
Increased15%20%--Powder7108.11.00
Increased15%20%--Other Unwrought Forms7108.12.00
Increased15%20%--Other Semi-Manufactured Forms7108.13.00
Increased15%20%-Monetary7108.20.00
Increased10%20%--Of Cast Iron, Enameled7323.92.00
Increased10%20%--Other7323.99.00
Customs Bill 2081 | Schedule 3 | Import Tariff:
48
Customs Tariff (Imports) –Amendments (2/3)
ImpactOld RateNew RateDescriptionSub-Heading
Increased15%20%-Sealed Beam Lamp Units8539.10.00
Increased15%20%--Tungsten Halogen8539.21.00
Increased15%20%--Other, Of A Power Not Exceeding 200 W And For A Voltage Exceeding 100 V8539.22.00
Increased15%20%--Other8539.29.00
Increased15%20%--Fluorescent, Hot Cathode8539.31.00
Increased15%20%--Mercury Or Sodium Vapor Lamps Metal Halide Lamps8539.32.00
Increased15%20%--Other8539.39.00
Increased15%20%--Arc Lamps8539.41.00
Increased15%20%--Other8539.49.00
Increased15%20%--Light-Emitting Diodes (Led) Modules8539.51.00
Increased15%20%--Light-Emitting Diodes (Led) Lamps8539.52.00
Increased10%15%----Unassembled8702.40.41
Increased10%15%----Other8702.40.49
Increased10%15%----Unassembled8703.80.21
Increased10%15%----Other8703.80.29
Increased15%20%----Unassembled8703.80.51
Increased15%20%----Other8703.80.59
Increased20%30%----Unassembled8703.80.61
Increased20%30%----Other8703.80.69
Increased40%60%----Unassembled8703.80.71
Increased40%60%----Other8703.80.79
Increased60%80%----Unassembled8703.80.81
Increased60%80%----Other8703.80.89
Increased40%60%----Unassembled8703.80.91
Increased60%80%----Other8703.80.99
Increased10%15%---Other, Four-Wheel Vehicles8704.60.90
Increased5%30%---Strollers8715.00.10
49
ImpactOld RateNew RateDescriptionSub-Heading
Increased15%20%-Sealed Beam Lamp Units8539.10.00
Increased15%20%--Tungsten Halogen8539.21.00
Increased15%20%--Other, Of A Power Not Exceeding 200 W And For A Voltage Exceeding 100 V8539.22.00
Increased15%20%--Other8539.29.00
Increased15%20%--Fluorescent, Hot Cathode8539.31.00
Increased15%20%--Mercury Or Sodium Vapor Lamps Metal Halide Lamps8539.32.00
Increased15%20%--Other8539.39.00
Increased15%20%--Arc Lamps8539.41.00
Increased15%20%--Other8539.49.00
Increased15%20%--Light-Emitting Diodes (Led) Modules8539.51.00
Increased15%20%--Light-Emitting Diodes (Led) Lamps8539.52.00
Increased10%15%----Unassembled8702.40.41
Increased10%15%----Other8702.40.49
Increased10%15%----Unassembled8703.80.21
Increased10%15%----Other8703.80.29
Increased15%20%----Unassembled8703.80.51
Increased15%20%----Other8703.80.59
Increased20%30%----Unassembled8703.80.61
Increased20%30%----Other8703.80.69
Increased40%60%----Unassembled8703.80.71
Increased40%60%----Other8703.80.79
Increased60%80%----Unassembled8703.80.81
Increased60%80%----Other8703.80.89
Increased40%60%----Unassembled8703.80.91
Increased60%80%----Other8703.80.99
Increased10%15%---Other, Four-Wheel Vehicles8704.60.90
Increased5%30%---Strollers8715.00.10
49
Customs Tariff (Imports) –Amendments (3/3)
ImpactOld RateNew RateDescriptionSub-Heading
Increased10%20%---Of Felt9505.10.10
Increased10%20%---Other9505.10.90
Increased10%15%-Brooms And Brushes, Consisting Of Twigs Or Other Vegetable Materials, Bound Together, With Or Without Handles 9603.10.00
Increased10%15%--Other9603.29.00
Increased10%15%-Artists' Brushes, Writing Brushes And Similar Brushes For The Application Of Cosmetics9603.30.00
Increased10%15%-Paint, Distemper, Varnish Or Similar Brushes (Other Than Brushes Of Subheading 9603.30); Paint Pads And Rollers9603.40.00
Increased10%15%-Other Brushes Constituting Parts Of Machines, Appliances Or Vehicles9603.50.00
Increased10%15%-Other9603.90.00
Increased15%30%-Pocket Lighters, Gas-Fueled, Non-Refillable9613.10.00
Increased15%30%-Pocket Lighters, Gas-Fueled, Refillable9613.20.00
Increased15%30%-Other Lighters9613.80.00
Decreased15%5%---Tampons And Menstrual Cups9619.00.40
Customs Bill 2081 | Schedule 4 | Section 1 | Baggage Rules:
Gold Ornaments: [Revised]
Gold Ornaments brought by Nepalese travelers from abroad will be subject to the following duty:
First 25 Grams for Men & First 50 Grams for Women –Free of Charge
Next 50 Grams100 Grams for Men & Women –Prevailing Rate
Next 50 Grams100 Grams for Men & Women –Prevailing Rate + 3%
Provided that similar shape of ordinary ornaments made such as Beruwa Rings, Bangles, Sikri where chemicals are not usedshall not be recognized as
ornaments for the purpose of sub-section (a), (b) or (c).
50
ImpactOld RateNew RateDescriptionSub-Heading
Increased10%20%---Of Felt9505.10.10
Increased10%20%---Other9505.10.90
Increased10%15%-Brooms And Brushes, Consisting Of Twigs Or Other Vegetable Materials, Bound Together, With Or Without Handles 9603.10.00
Increased10%15%--Other9603.29.00
Increased10%15%-Artists' Brushes, Writing Brushes And Similar Brushes For The Application Of Cosmetics9603.30.00
Increased10%15%-Paint, Distemper, Varnish Or Similar Brushes (Other Than Brushes Of Subheading 9603.30); Paint Pads And Rollers9603.40.00
Increased10%15%-Other Brushes Constituting Parts Of Machines, Appliances Or Vehicles9603.50.00
Increased10%15%-Other9603.90.00
Increased15%30%-Pocket Lighters, Gas-Fueled, Non-Refillable9613.10.00
Increased15%30%-Pocket Lighters, Gas-Fueled, Refillable9613.20.00
Increased15%30%-Other Lighters9613.80.00
Decreased15%5%---Tampons And Menstrual Cups9619.00.40
Customs Bill 2081 | Schedule 4 | Section 1 | Baggage Rules:
Gold Ornaments: [Revised]
Gold Ornaments brought by Nepalese travelers from abroad will be subject to the following duty:
First 25 Grams for Men & First 50 Grams for Women –Free of Charge
Next 50 Grams100 Grams for Men & Women –Prevailing Rate
Next 50 Grams100 Grams for Men & Women –Prevailing Rate + 3%
Provided that similar shape of ordinary ornaments made such as Beruwa Rings, Bangles, Sikri where chemicals are not usedshall not be recognized as
ornaments for the purpose of sub-section (a), (b) or (c).
50
Customs Schedules –Amendments (1/9)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
In case of goods manufactured in India using Letter of Credit,
there shall be rebate of 5% for import duty of 5% to 30% and
3% for import duty of above 30% in respect of ad valorem
taxation (not in specific rate taxation).
---Removed---
Exemption in Import from
India
Schedule 1
Clause (3)
In case of goods manufactured in People's Republic of China
is imported from Tibet region through land transport using
Letter of Credit, there shall be rebate of 5% for import duty of
5% to 30% and 3% for import duty of above 30% in respect
of ad valorem taxation (not in specific rate taxation).
---Removed---
Exemption in Import from
Tibet region of China
Schedule 1
Clause (4)
Finance Bill 2080 | Schedule 1 | Section 3 & 4 | Exemption in Imports from India & China (Removed):
Customs Bill 2081 | Schedule 4 | Section 5 (1) | Rebates & Exemption in Import Tariff [100% Exempt]:
Old RateNew RateDescriptionSub-Heading
100% ExemptNot ExemptedPet Chips For Partially Oriented Yarn (POY) Manufacturing3907.61.00
100% ExemptNot ExemptedPet Chips For Partially Oriented Yarn (POY) Manufacturing3907.69.00
100% ExemptNot ExemptedUrine Bags3926.90.31
Import of Spare Parts by Jute Industry
100% Exempt
(On recommendation of
Regulator)
100% Exempt
Parts Suitable For Use Solely Or Principally With The Engines Of Heading 8407 Or 8408 (Other)8409.99.90
Auxiliary Machinery For Use With Machines Of Heading 8444 To 8447 (E.G., Dobby Machines, Jacquard Machines);
Parts And Accessories Suitable Solely for The Machines Of This Heading or 8444 To 8447
84.48
Sewing Machine Needles (Other)8452.90.00
Metal-Rolling Mills And Rolls Therefor84.55
Ball Or Roller Bearings84.82
Toothed Wheels, Chain Sprockets, And Other Transmission Elements Presented Separately; Parts8483.90.00
51
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
In case of goods manufactured in India using Letter of Credit,
there shall be rebate of 5% for import duty of 5% to 30% and
3% for import duty of above 30% in respect of ad valorem
taxation (not in specific rate taxation).
---Removed---
Exemption in Import from
India
Schedule 1
Clause (3)
In case of goods manufactured in People's Republic of China
is imported from Tibet region through land transport using
Letter of Credit, there shall be rebate of 5% for import duty of
5% to 30% and 3% for import duty of above 30% in respect
of ad valorem taxation (not in specific rate taxation).
---Removed---
Exemption in Import from
Tibet region of China
Schedule 1
Clause (4)
Finance Bill 2080 | Schedule 1 | Section 3 & 4 | Exemption in Imports from India & China (Removed):
Customs Bill 2081 | Schedule 4 | Section 5 (1) | Rebates & Exemption in Import Tariff [100% Exempt]:
Old RateNew RateDescriptionSub-Heading
100% ExemptNot ExemptedPet Chips For Partially Oriented Yarn (POY) Manufacturing3907.61.00
100% ExemptNot ExemptedPet Chips For Partially Oriented Yarn (POY) Manufacturing3907.69.00
100% ExemptNot ExemptedUrine Bags3926.90.31
Import of Spare Parts by Jute Industry
100% Exempt
(On recommendation of
Regulator)
100% Exempt
Parts Suitable For Use Solely Or Principally With The Engines Of Heading 8407 Or 8408 (Other)8409.99.90
Auxiliary Machinery For Use With Machines Of Heading 8444 To 8447 (E.G., Dobby Machines, Jacquard Machines);
Parts And Accessories Suitable Solely for The Machines Of This Heading or 8444 To 8447
84.48
Sewing Machine Needles (Other)8452.90.00
Metal-Rolling Mills And Rolls Therefor84.55
Ball Or Roller Bearings84.82
Toothed Wheels, Chain Sprockets, And Other Transmission Elements Presented Separately; Parts8483.90.00
51
Customs Schedules –Amendments (2/9)
Customs Bill 2081 | Schedule 4 | Section 5 (2) | Rebates & Exemption in Import Tariff [1% Customs Duty]:
Old RateNew RateDescriptionSub-Heading
100% Exempt1%Pig Iron And Spiegeleisen In Pigs, Blocks, Or Other Primary Forms72.01
100% Exempt1%Ferro-Alloys72.02
100% Exempt1%Ferrous Waste And Scrap; Remelting Scrap Ingots Of Iron Or Steel72.04
1%Not ExemptedConcrete Or Motor Mixers8474.31.00
1%Not ExemptedRaw Amber (And Amber) Imported By Industries Exporting Jewellery2530.90.00
Not Exempted1%Fluff Pulp4703.21.00
Imported By Manufacturers Of Electric Induction Or Infrared Ovens
Not Exempted1%Copper Wire74.08
1%
(On recommendation of Regulator)
1%
Silicon Glue3506.10.00
Glass Top7008.00.00
Fans8414.59.00
Motors8501.10.00
Mother Boards And Operating Boards, Heating Coils And Sensors8516.90.00
1%50% of Applicable Custom Duty
Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other
Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms;
Iron Having A Minimum Purity By Weight Of 99.94%, In Lumps, Pellets
Or Similar Forms.
72.03
52
Customs Bill 2081 | Schedule 4 | Section 5 (2) | Rebates & Exemption in Import Tariff [1% Customs Duty]:
Old RateNew RateDescriptionSub-Heading
100% Exempt1%Pig Iron And Spiegeleisen In Pigs, Blocks, Or Other Primary Forms72.01
100% Exempt1%Ferro-Alloys72.02
100% Exempt1%Ferrous Waste And Scrap; Remelting Scrap Ingots Of Iron Or Steel72.04
1%Not ExemptedConcrete Or Motor Mixers8474.31.00
1%Not ExemptedRaw Amber (And Amber) Imported By Industries Exporting Jewellery2530.90.00
Not Exempted1%Fluff Pulp4703.21.00
Imported By Manufacturers Of Electric Induction Or Infrared Ovens
Not Exempted1%Copper Wire74.08
1%
(On recommendation of Regulator)
1%
Silicon Glue3506.10.00
Glass Top7008.00.00
Fans8414.59.00
Motors8501.10.00
Mother Boards And Operating Boards, Heating Coils And Sensors8516.90.00
1%50% of Applicable Custom Duty
Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other
Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms;
Iron Having A Minimum Purity By Weight Of 99.94%, In Lumps, Pellets
Or Similar Forms.
72.03
52
Customs Schedules –Amendments (3/9)
Customs Bill 2081 | Schedule 4 | Section 5 (3) | Rebates & Exemption in Import Tariff [Partial Exemption] :
Old RateNew RateDescriptionSub-Heading
10%Not ExemptedCotton Towels6214.90.00
Not Exempted5%Toothpicks (Sinkas)44.21
50% of Applicable Custom DutyNot ExemptedPetroleum Bulk Bitumen2713.20.00
10% of Applicable Custom DutyNot ExemptedTampons And Menstrual Cups9619.00.40
Imported By Industries Registered For The Manufacture Of Goods Required For The Construction Of Prefabricated Buildings:
20%30%Slit Steel Coils72.10 72.12
Imported by Industries For Their Own Purposes
15%15%Plastic Containers39.21
Imported By Transport & Vehicle Spring Manufacturing Entities
Not Exempted50% of Applicable Custom DutySteel Bars & Rods
7226.99.00
7228.10.00
7228.20.00
Imported by Helmet Manufacturing Industries
10%
(On recommendation of Regulator)
10%Paints (Polyester Based)3208.10.00
Not Exempted10%Paints (Vinyl Polymer Or Acrylic Based)3208.20.00
10%
(On recommendation of Regulator)
10%Plastic Sheet39.20
53
Customs Bill 2081 | Schedule 4 | Section 5 (3) | Rebates & Exemption in Import Tariff [Partial Exemption] :
Old RateNew RateDescriptionSub-Heading
10%Not ExemptedCotton Towels6214.90.00
Not Exempted5%Toothpicks (Sinkas)44.21
50% of Applicable Custom DutyNot ExemptedPetroleum Bulk Bitumen2713.20.00
10% of Applicable Custom DutyNot ExemptedTampons And Menstrual Cups9619.00.40
Imported By Industries Registered For The Manufacture Of Goods Required For The Construction Of Prefabricated Buildings:
20%30%Slit Steel Coils72.10 72.12
Imported by Industries For Their Own Purposes
15%15%Plastic Containers39.21
Imported By Transport & Vehicle Spring Manufacturing Entities
Not Exempted50% of Applicable Custom DutySteel Bars & Rods
7226.99.00
7228.10.00
7228.20.00
Imported by Helmet Manufacturing Industries
10%
(On recommendation of Regulator)
10%Paints (Polyester Based)3208.10.00
Not Exempted10%Paints (Vinyl Polymer Or Acrylic Based)3208.20.00
10%
(On recommendation of Regulator)
10%Plastic Sheet39.20
53
Customs Schedules –Amendments (4/9)
Customs Bill 2081 | Schedule 4 | Section 5 (3) | Rebates & Exemption in Import Tariff [Partial Exemption] :
Old RateNew RateDescriptionSub-Heading
Imported by Ink Producing Industries
50% of Applicable Custom Duty
(On recommendation of Regulator)
50% of Applicable Custom Duty
Iron Oxide2821.10.00
Propylene Glycol2905.32.00
Pigment32.04 & 32.06
Solvent3814.00.00
Chemical38.24
Polymer39.00
Imported By The Mask-Making Industry
5%
(On recommendation of Regulator)
5%
Non-Woven Fabrics5603.11.00 & 91.00
Elastic Cords5604.10.00
Strips Of Stainless Steel72.26
Imported by the Soap and Detergent Manufacturing Industry
10%
(On recommendation of Regulator)
10%
Titanium Oxide2823.00.00
Sodium Sulfate2833.19.00
Magnesium Sulfate2833.21.00
Magnesium Silicate2839.90.90
Liquid Sodium Silicate2839.19.00
Imported By Optical Fiber Cable Manufacturing Industry
10%
(On recommendation of Regulator)
10%
Spring Steel Wire7217.12.10
Twisted Steel Wire7312.10.00
Imported By Smart Cards Manufacturing Industry
5%
(On recommendation of Regulator)
5%
Smart Cards Embedded With Chips85.23
Plastic Sheets39.20
Imported By Shoes & Slippers Manufacturing Industry
15%
(On recommendation of Regulator)
15%
Stiffener Sheet39.20
TPU Synthetic Sheet39.21
54
Customs Bill 2081 | Schedule 4 | Section 5 (3) | Rebates & Exemption in Import Tariff [Partial Exemption] :
Old RateNew RateDescriptionSub-Heading
Imported by Ink Producing Industries
50% of Applicable Custom Duty
(On recommendation of Regulator)
50% of Applicable Custom Duty
Iron Oxide2821.10.00
Propylene Glycol2905.32.00
Pigment32.04 & 32.06
Solvent3814.00.00
Chemical38.24
Polymer39.00
Imported By The Mask-Making Industry
5%
(On recommendation of Regulator)
5%
Non-Woven Fabrics5603.11.00 & 91.00
Elastic Cords5604.10.00
Strips Of Stainless Steel72.26
Imported by the Soap and Detergent Manufacturing Industry
10%
(On recommendation of Regulator)
10%
Titanium Oxide2823.00.00
Sodium Sulfate2833.19.00
Magnesium Sulfate2833.21.00
Magnesium Silicate2839.90.90
Liquid Sodium Silicate2839.19.00
Imported By Optical Fiber Cable Manufacturing Industry
10%
(On recommendation of Regulator)
10%
Spring Steel Wire7217.12.10
Twisted Steel Wire7312.10.00
Imported By Smart Cards Manufacturing Industry
5%
(On recommendation of Regulator)
5%
Smart Cards Embedded With Chips85.23
Plastic Sheets39.20
Imported By Shoes & Slippers Manufacturing Industry
15%
(On recommendation of Regulator)
15%
Stiffener Sheet39.20
TPU Synthetic Sheet39.21
54
Customs Schedules –Amendments (5/9)
Customs Bill 2081 | Schedule 4 | Section 6 (1) | Rebates & Exemption in Import Tariff [100% Exempt on recommendation]:
100% Custom Duty will be exempted on the vehicles imported by diplomatic missions, projects, individuals, and other bodies (governmental and non-
governmental organizations) under customs facilities which are older than 10 Years(15 Years)from the date of production on being scrapped and the
registration being cancelled of such vehicles in a manner that these vehicles are not used again.
Customs Bill 2081 | Schedule 4 | Section 6 (2) | Rebates & Exemption in Import Tariff [1% Customs Duty on recommendation]:
Old RateNew RateDescriptionSub-Heading
Not Exempted
1%
(On recommendation of Regulator)
Steel Milk Cans
7310.10.00
7310.21.00
7310.29.00
1%
(On recommendation of Regulator)
Not ExemptedElbow Valves7307.99.00
Not Exempted
1%
(On recommendation of Regulator)
Elbow Valves7307.22.00 & 92.00
1%
(On recommendation of Regulator)
1%
(On recommendation of Regulator)
Gas GaugeMeters9028.10.00
1%
(On recommendation of Regulator)
Not ExemptedDung-Gas Lamps5908.00.00
1%
(On recommendation of Regulator)
Not ExemptedGas Tapes (Brass)8307.90.00
1%
(On recommendation of Regulator)
Not ExemptedReduction Elbow7307.92.00
55
Customs Bill 2081 | Schedule 4 | Section 6 (1) | Rebates & Exemption in Import Tariff [100% Exempt on recommendation]:
100% Custom Duty will be exempted on the vehicles imported by diplomatic missions, projects, individuals, and other bodies (governmental and non-
governmental organizations) under customs facilities which are older than 10 Years(15 Years)from the date of production on being scrapped and the
registration being cancelled of such vehicles in a manner that these vehicles are not used again.
Customs Bill 2081 | Schedule 4 | Section 6 (2) | Rebates & Exemption in Import Tariff [1% Customs Duty on recommendation]:
Old RateNew RateDescriptionSub-Heading
Not Exempted
1%
(On recommendation of Regulator)
Steel Milk Cans
7310.10.00
7310.21.00
7310.29.00
1%
(On recommendation of Regulator)
Not ExemptedElbow Valves7307.99.00
Not Exempted
1%
(On recommendation of Regulator)
Elbow Valves7307.22.00 & 92.00
1%
(On recommendation of Regulator)
1%
(On recommendation of Regulator)
Gas GaugeMeters9028.10.00
1%
(On recommendation of Regulator)
Not ExemptedDung-Gas Lamps5908.00.00
1%
(On recommendation of Regulator)
Not ExemptedGas Tapes (Brass)8307.90.00
1%
(On recommendation of Regulator)
Not ExemptedReduction Elbow7307.92.00
55
Customs Schedules –Amendments (6/9)
[Clause L]
For the construction of reservoir and semi-reservoir hydropower projects with a capacity of more than 200 megawatts, upon approval from the Investment Board
of Nepal, and for other projects operated by the Nepal Electricity Authority, based on the recommendation of the Electricity Development Department, the relevant
hydropower project or its contractor or project promotercan import construction equipment, plant, machinery, and related parts, explosives, penstock pipes, and
steel plates by paying customs duty at 1%.
Old RateNew RateDescriptionSub-Heading
Not Exempted
1%
(On recommendation of Regulator)
Basic Metal Caps for Pharmaceutical Industry8309.90.00
Salt for Pharmaceutical Industry2501.00.10
Not Exempted
1%
(On recommendation of Regulator)
Littering Mats For Animals4016.91.00
[Clause P]
For hydropower projects or transmission line projectsapproved by the Investment Board of Nepal, including those operated by the Nepal Electricity Authority,
imports of construction equipment, machinery, tools, and their parts necessary for the production, transmission, and distribution of hydropower by the related
hydropower project or its contractor or project promoter, on the recommendation of the Electricity Development Department, shall be charged with only 1%
customs duty, and, Construction equipment, machinery, tools, and their parts required for the generation, transmission, and distribution of electricity from solar
and wind energy, on the recommendation of the Alternative Energy Promotion Center, shall be charged with only 1% customs dutyonsuch imports.
Customs Bill 2081 | Schedule 4 | Section 6 (3) | Rebates & Exemption in Import Tariff [Partial Exemption on recommendation] :
Old RateNew RateDescriptionSub-Heading
50% of Applicable Custom Duty
(On recommendation of Regulator)
50% of Applicable Custom Duty
(On recommendation of Regulator)
Echocardiograph
9018.11.00
9018.12.00
Customs Bill 2081 | Schedule 4 | Section 6 (2) | Rebates & Exemption in Import Tariff [1% Customs Duty on recommendation]:
56
[Clause L]
For the construction of reservoir and semi-reservoir hydropower projects with a capacity of more than 200 megawatts, upon approval from the Investment Board
of Nepal, and for other projects operated by the Nepal Electricity Authority, based on the recommendation of the Electricity Development Department, the relevant
hydropower project or its contractor or project promotercan import construction equipment, plant, machinery, and related parts, explosives, penstock pipes, and
steel plates by paying customs duty at 1%.
Old RateNew RateDescriptionSub-Heading
Not Exempted
1%
(On recommendation of Regulator)
Basic Metal Caps for Pharmaceutical Industry8309.90.00
Salt for Pharmaceutical Industry2501.00.10
Not Exempted
1%
(On recommendation of Regulator)
Littering Mats For Animals4016.91.00
[Clause P]
For hydropower projects or transmission line projectsapproved by the Investment Board of Nepal, including those operated by the Nepal Electricity Authority,
imports of construction equipment, machinery, tools, and their parts necessary for the production, transmission, and distribution of hydropower by the related
hydropower project or its contractor or project promoter, on the recommendation of the Electricity Development Department, shall be charged with only 1%
customs duty, and, Construction equipment, machinery, tools, and their parts required for the generation, transmission, and distribution of electricity from solar
and wind energy, on the recommendation of the Alternative Energy Promotion Center, shall be charged with only 1% customs dutyonsuch imports.
Customs Bill 2081 | Schedule 4 | Section 6 (3) | Rebates & Exemption in Import Tariff [Partial Exemption on recommendation] :
Old RateNew RateDescriptionSub-Heading
50% of Applicable Custom Duty
(On recommendation of Regulator)
50% of Applicable Custom Duty
(On recommendation of Regulator)
Echocardiograph
9018.11.00
9018.12.00
Customs Bill 2081 | Schedule 4 | Section 6 (2) | Rebates & Exemption in Import Tariff [1% Customs Duty on recommendation]:
56
Customs Schedules –Amendments (7/9)
Customs Bill 2081 | Schedule 4 | Section 7 | Rebates & Exemption in Import Tariff [100% Exemption on CD & ADF] :
Old RateNew RateDescriptionSub-Heading
Exemption of:
100% Custom Duty &
100% Agriculture Development Fee
Exemption of:
100% Custom Duty &
100% Agriculture Development Fee
Jatropha Grains & Seeds (Imported for Biofuel Production)
1404.90.99
1404.90.90
(b)Metal scrap imported by industry for its own purposes, used (scrap) tires of heading under subheading 4012.20.00, old batteries under subheading
8549.11.00 and 8549.12.00, waste-paper (waste and scrap) of heading 47.07 and empty tin cans of subheading 8007.00.10 imported by Rosin and
Turpentine Manufacturers and used pails and drums of heading 39.23 imported by katha industries.
Customs Bill 2081 | Schedule 4 | Section 10 | Miscellaneous [List of Used Item Imports] :
Customs Bill 2081 | Schedule 5 | Section 1 | Tariff on Temporary Imports:
Apart from the Carnet Facility, the following vehicles and means of transportation that are temporarily imported will be chargeda lump sum fee as follows:
•Bullet-trucks transporting LP gas:
One thousand five hundred rupees for unloading at the destination for up to 96 hours after the goods have passed inspection.
•Trucks, trailers, tractors, and other means of transport (excluding LP gas transport):
One thousand five hundred rupees for unloading the goods at the destination and returning them, for up to seventy-two hours after the goods have
passed inspection.
Exemption: The temporary import fee will not be charged for trailers, trucks, & other means of transport that have been transported and unloaded in the
customs yard or warehouse for the purpose of transporting imported goods/unloading goods in the customs yard/warehouse for the purpose of export.
57
Customs Bill 2081 | Schedule 4 | Section 7 | Rebates & Exemption in Import Tariff [100% Exemption on CD & ADF] :
Old RateNew RateDescriptionSub-Heading
Exemption of:
100% Custom Duty &
100% Agriculture Development Fee
Exemption of:
100% Custom Duty &
100% Agriculture Development Fee
Jatropha Grains & Seeds (Imported for Biofuel Production)
1404.90.99
1404.90.90
(b)Metal scrap imported by industry for its own purposes, used (scrap) tires of heading under subheading 4012.20.00, old batteries under subheading
8549.11.00 and 8549.12.00, waste-paper (waste and scrap) of heading 47.07 and empty tin cans of subheading 8007.00.10 imported by Rosin and
Turpentine Manufacturers and used pails and drums of heading 39.23 imported by katha industries.
Customs Bill 2081 | Schedule 4 | Section 10 | Miscellaneous [List of Used Item Imports] :
Customs Bill 2081 | Schedule 5 | Section 1 | Tariff on Temporary Imports:
Apart from the Carnet Facility, the following vehicles and means of transportation that are temporarily imported will be chargeda lump sum fee as follows:
•Bullet-trucks transporting LP gas:
One thousand five hundred rupees for unloading at the destination for up to 96 hours after the goods have passed inspection.
•Trucks, trailers, tractors, and other means of transport (excluding LP gas transport):
One thousand five hundred rupees for unloading the goods at the destination and returning them, for up to seventy-two hours after the goods have
passed inspection.
Exemption: The temporary import fee will not be charged for trailers, trucks, & other means of transport that have been transported and unloaded in the
customs yard or warehouse for the purpose of transporting imported goods/unloading goods in the customs yard/warehouse for the purpose of export.
57
Customs Schedules –Amendments (8/9)
ImpactOld RateNew RateDescriptionSub-Heading
Increased5%9%Atlantic salmon (Salmo salar) and Danube salmon (Huchohucho)0302.13.00
Increased5%9%Pacific salmon (Oncorhynchus spp.), excluding fillets, livers, and roes0302.14.00
Increased5%9%Other fish, fresh or chilled0302.19.00
Increased5%9%Trout (Salmo trutta, Oncorhynchus mykiss)0302.21.00
Increased5%9%Plaice (Pleuronectes platessa)0302.22.00
Increased5%9%Sole (Soleaspp.)0302.23.00
Increased5%9%Turbots (Scophthalmus spp.)0302.24.00
Increased5%9%Other fish, fresh or chilled, not elsewhere specified0302.29.00
Increased5%9%Albacore or longfinnedtunas (Thunnus alalunga)0302.31.00
Increased5%9%Yellowfin tunas (Thunnus albacares)0302.32.00
Increased5%9%Skipjack or stripe-bellied bonito (Euthynnus(Katsuwonus) pelamis)0302.33.00
Increased5%9%Bigeye tunas (Thunnus obesus)0302.34.00
Increased5%9%Bluefin tunas (Thunnus thynnus)0302.35.00
Increased5%9%Southern bluefin tunas (Thunnus maccoyii)0302.36.00
Increased5%9%Other tunas, fresh or chilled0302.39.00
Increased5%9%Dogfish and other sharks0302.81.00
Increased5%9%Sockeye salmon (Oncorhynchus nerka)0303.11.00
Increased5%9%Atlantic salmon (Salmo salar) and Danube salmon (Huchohucho)0303.12.00
Increased5%9%Pacific salmon (Oncorhynchus spp.), excluding fillets, livers, and roes0303.13.00
Increased5%9%Other fish, frozen0303.19.00
Increased5%9%Plaice (Pleuronectes platessa)0303.23.00
Increased5%9%Sole (Soleaspp.)0303.24.00
Increased5%9%Turbots (Scophthalmus spp.)0303.25.00
Increased5%9%Other fish, frozen, not elsewhere specified0303.29.00
Increased5%9%Yellowfin tunas (Thunnus albacares)0303.32.00
Customs Bill 2081 | Schedule 6 | Section 2 | Agriculture Development Fee @ 9%:
58
ImpactOld RateNew RateDescriptionSub-Heading
Increased5%9%Atlantic salmon (Salmo salar) and Danube salmon (Huchohucho)0302.13.00
Increased5%9%Pacific salmon (Oncorhynchus spp.), excluding fillets, livers, and roes0302.14.00
Increased5%9%Other fish, fresh or chilled0302.19.00
Increased5%9%Trout (Salmo trutta, Oncorhynchus mykiss)0302.21.00
Increased5%9%Plaice (Pleuronectes platessa)0302.22.00
Increased5%9%Sole (Soleaspp.)0302.23.00
Increased5%9%Turbots (Scophthalmus spp.)0302.24.00
Increased5%9%Other fish, fresh or chilled, not elsewhere specified0302.29.00
Increased5%9%Albacore or longfinnedtunas (Thunnus alalunga)0302.31.00
Increased5%9%Yellowfin tunas (Thunnus albacares)0302.32.00
Increased5%9%Skipjack or stripe-bellied bonito (Euthynnus(Katsuwonus) pelamis)0302.33.00
Increased5%9%Bigeye tunas (Thunnus obesus)0302.34.00
Increased5%9%Bluefin tunas (Thunnus thynnus)0302.35.00
Increased5%9%Southern bluefin tunas (Thunnus maccoyii)0302.36.00
Increased5%9%Other tunas, fresh or chilled0302.39.00
Increased5%9%Dogfish and other sharks0302.81.00
Increased5%9%Sockeye salmon (Oncorhynchus nerka)0303.11.00
Increased5%9%Atlantic salmon (Salmo salar) and Danube salmon (Huchohucho)0303.12.00
Increased5%9%Pacific salmon (Oncorhynchus spp.), excluding fillets, livers, and roes0303.13.00
Increased5%9%Other fish, frozen0303.19.00
Increased5%9%Plaice (Pleuronectes platessa)0303.23.00
Increased5%9%Sole (Soleaspp.)0303.24.00
Increased5%9%Turbots (Scophthalmus spp.)0303.25.00
Increased5%9%Other fish, frozen, not elsewhere specified0303.29.00
Increased5%9%Yellowfin tunas (Thunnus albacares)0303.32.00
Customs Bill 2081 | Schedule 6 | Section 2 | Agriculture Development Fee @ 9%:
58
Customs Schedules –Amendments (9/9)
ImpactOld RateNew RateDescriptionSub-Heading
Increased5%9%Albacore or longfinnedtunas (Thunnus alalunga)0303.41.00
Increased5%9%Yellowfin tunas (Thunnus albacares)0303.42.00
Increased5%9%Skipjack or stripe-bellied bonito (Euthynnus(Katsuwonus) pelamis)0303.43.00
Increased5%9%Bigeye tunas (Thunnus obesus)0303.44.00
Increased5%9%Bluefin tunas (Thunnus thynnus)0303.45.00
Increased5%9%Southern bluefin tunas (Thunnus maccoyii)0303.46.00
Increased5%9%Other tunas, frozen0303.49.00
Increased5%9%Herrings (Clupea harengus, Clupea pallasii)0303.51.00
Increased5%9%Sardines (Sardina pilchardus, Sardinopsspp.)0303.53.00
Increased5%9%Mackerel (Scomberscombrus, Scomberaustralasicus, Scomberjaponicus)0303.54.00
Increased5%9%Jack and horse mackerel (Trachurusspp.)0303.55.00
Increased5%9%Anchovies (Engraulisspp.)0303.56.00
Increased5%9%Swordfish (Xiphias gladius)0303.57.00
Increased5%9%Other fish, frozen, not elsewhere specified0303.59.00
Increased5%9%Cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)0303.63.00
Increased5%9%Haddock (Melanogrammus aeglefinus)0303.64.00
Increased5%9%Coalfish (Pollachius virens)0303.65.00
Increased5%9%Hake (Merluccius spp., Urophycisspp.)0303.66.00
Increased5%9%Alaska pollack (Theragrachalcogramma)0303.67.00
Increased5%9%Blue whitings (Micromesistius poutassou, Micromesistius australis)0303.68.00
Increased5%9%Other fish, frozen, not elsewhere specified0303.69.00
Increased5%9%Dogfish and other sharks0303.81.00
Increased5%9%Rays and skates (Rajidae)0303.82.00
Increased5%9%Sea bass (Dicentrarchuslabrax)0303.83.00
Increased5%9%Sea bream (Dentex dentex, Pagellusspp.)0303.84.00
Increased5%9%Other fish, frozen, not elsewhere specified 0303.89.00
Customs Bill 2081 | Schedule 6 | Section 2 | Agriculture Development Fee @ 9%:
59
ImpactOld RateNew RateDescriptionSub-Heading
Increased5%9%Albacore or longfinnedtunas (Thunnus alalunga)0303.41.00
Increased5%9%Yellowfin tunas (Thunnus albacares)0303.42.00
Increased5%9%Skipjack or stripe-bellied bonito (Euthynnus(Katsuwonus) pelamis)0303.43.00
Increased5%9%Bigeye tunas (Thunnus obesus)0303.44.00
Increased5%9%Bluefin tunas (Thunnus thynnus)0303.45.00
Increased5%9%Southern bluefin tunas (Thunnus maccoyii)0303.46.00
Increased5%9%Other tunas, frozen0303.49.00
Increased5%9%Herrings (Clupea harengus, Clupea pallasii)0303.51.00
Increased5%9%Sardines (Sardina pilchardus, Sardinopsspp.)0303.53.00
Increased5%9%Mackerel (Scomberscombrus, Scomberaustralasicus, Scomberjaponicus)0303.54.00
Increased5%9%Jack and horse mackerel (Trachurusspp.)0303.55.00
Increased5%9%Anchovies (Engraulisspp.)0303.56.00
Increased5%9%Swordfish (Xiphias gladius)0303.57.00
Increased5%9%Other fish, frozen, not elsewhere specified0303.59.00
Increased5%9%Cod (Gadus morhua, Gadus ogac, Gadus macrocephalus)0303.63.00
Increased5%9%Haddock (Melanogrammus aeglefinus)0303.64.00
Increased5%9%Coalfish (Pollachius virens)0303.65.00
Increased5%9%Hake (Merluccius spp., Urophycisspp.)0303.66.00
Increased5%9%Alaska pollack (Theragrachalcogramma)0303.67.00
Increased5%9%Blue whitings (Micromesistius poutassou, Micromesistius australis)0303.68.00
Increased5%9%Other fish, frozen, not elsewhere specified0303.69.00
Increased5%9%Dogfish and other sharks0303.81.00
Increased5%9%Rays and skates (Rajidae)0303.82.00
Increased5%9%Sea bass (Dicentrarchuslabrax)0303.83.00
Increased5%9%Sea bream (Dentex dentex, Pagellusspp.)0303.84.00
Increased5%9%Other fish, frozen, not elsewhere specified 0303.89.00
Customs Bill 2081 | Schedule 6 | Section 2 | Agriculture Development Fee @ 9%:
59
OTHER
TAX UPDATES
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
TAX UPDATES
Legend for this Section:
Blue – Added by Finance Bill, 2081
Green – Amended by Finance Bill, 2081
Yellow – Deleted by Finance Bill 2081
Other Tax Updates (1/11)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
Green Tax will be levied and collected at the Customs Points as
per Schedule 1 on goods imported into Nepal.
Green TaxSection 7
Tax RateDescription of ItemsSub-HeadingHeading
Produced From Coal; Sub-Bituminous Products, Anthracite Products, And Similar Solid Fuels27.01
Unprocessed Coal
Per Kg -NPR 0.50Anthracite2701.11.00
Per Kg -NPR 0.50Sub-Bituminous Coal2701.12.00
Per Kg -NPR 0.50Other Coal2701.19.00
Per Kg -NPR 0.50Sub-Bituminous Products, Anthracite Products, and Similar Solid Fuels2701.20.00
Per Kg -NPR 0.50Tar Coal, Lignite, And Peat; Agglomerated or Non-Agglomerated Coke, Semi-Coke, And Retort Carbon2704.00.0027.04
Petroleum Oils and Oils Obtained From Bituminous Minerals (Excluding Crude); Preparations Not Elsewhere Specified
or Included, Containing by Weight 70% or More of Petroleum Oils or Oils Obtained From Bituminous Minerals, These
Oils being the Basic Constituents of The Preparations; Excluding Bio-Diesels & Excluding Waste Oils:
27.10
Per Litre -NPR 1--Motor Spirit (Petrol)2710.12.10
Per Litre -NPR 1--Hexane (Food Grade)2710.12.20
Per Litre -NPR 1--Other2710.12.90
--Other:
Per Litre -NPR 1--High-Speed Diesel2710.19.30
0.50%--Fuel Oil (Furnace Oil)2710.19.50
0.50%--Base Oil (Used In The Manufacture Of Lubricants)2710.19.60
0.50%--Jute Batching Oil, Textile Oil2710.19.70
1%--Lubricating Oil2710.19.80
Green Tax Tariff:
61
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
Green Tax will be levied and collected at the Customs Points as
per Schedule 1 on goods imported into Nepal.
Green TaxSection 7
Tax RateDescription of ItemsSub-HeadingHeading
Produced From Coal; Sub-Bituminous Products, Anthracite Products, And Similar Solid Fuels27.01
Unprocessed Coal
Per Kg -NPR 0.50Anthracite2701.11.00
Per Kg -NPR 0.50Sub-Bituminous Coal2701.12.00
Per Kg -NPR 0.50Other Coal2701.19.00
Per Kg -NPR 0.50Sub-Bituminous Products, Anthracite Products, and Similar Solid Fuels2701.20.00
Per Kg -NPR 0.50Tar Coal, Lignite, And Peat; Agglomerated or Non-Agglomerated Coke, Semi-Coke, And Retort Carbon2704.00.0027.04
Petroleum Oils and Oils Obtained From Bituminous Minerals (Excluding Crude); Preparations Not Elsewhere Specified
or Included, Containing by Weight 70% or More of Petroleum Oils or Oils Obtained From Bituminous Minerals, These
Oils being the Basic Constituents of The Preparations; Excluding Bio-Diesels & Excluding Waste Oils:
27.10
Per Litre -NPR 1--Motor Spirit (Petrol)2710.12.10
Per Litre -NPR 1--Hexane (Food Grade)2710.12.20
Per Litre -NPR 1--Other2710.12.90
--Other:
Per Litre -NPR 1--High-Speed Diesel2710.19.30
0.50%--Fuel Oil (Furnace Oil)2710.19.50
0.50%--Base Oil (Used In The Manufacture Of Lubricants)2710.19.60
0.50%--Jute Batching Oil, Textile Oil2710.19.70
1%--Lubricating Oil2710.19.80
Green Tax Tariff:
61
Other Tax Updates (2/11)
Tax RateDescription of ItemsSub-HeadingHeading
Petroleum Oils and Oils Obtained From Bituminous Minerals (Excluding Crude); Preparations Not Elsewhere Specified or
Included, Containing by Weight 70% or More of Petroleum Oils or Oils Obtained From Bituminous Minerals, These Oils being the
Basic Constituents of The Preparations; Excluding Bio-Diesels & Excluding Waste Oils:
27.10
--Other
0.50%--Spindle Oil2710.19.91
0.50%--Transformer Oil2710.19.92
0.50%--Mineral Turpentine Oil2710.19.93
0.50%--Oil For Use In Rubber Processing2710.19.94
0.50%--Liquid Paraffin Oil2710.19.95
0.50%--White Oil2710.19.96
1%--Other2710.19.99
1%
Petroleum Oils and Oils Obtained From Bituminous Minerals (Excluding Crude); Preparations Not Elsewhere Specified or Included,
Containing by Weight 70% or More of Petroleum Oils or Oils Obtained from Bituminous Minerals, These Oils being the Basic
Constituents Of The Preparations; Containing Bio-Diesel, Excluding Waste Oils:
2710.20.00
Waste Oils:
1%--Polychlorinated Biphenyls (Pcbs), Polychlorinated Terphenyls (Pcts) And Polybrominated Biphenyls (Pbbs)2710.91.00
1%--Other2710.99.00
Petroleum Coke, Petroleum Bitumen And Other Residues of Petroleum Oils or of Oils Obtained From Bituminous Minerals.27.13
--Petroleum Coke:
0.50%--Not Calcined2713.11.00
0.50%--Calcined2713.12.00
Green Tax Tariff (Continued):
62
Tax RateDescription of ItemsSub-HeadingHeading
Petroleum Oils and Oils Obtained From Bituminous Minerals (Excluding Crude); Preparations Not Elsewhere Specified or
Included, Containing by Weight 70% or More of Petroleum Oils or Oils Obtained From Bituminous Minerals, These Oils being the
Basic Constituents of The Preparations; Excluding Bio-Diesels & Excluding Waste Oils:
27.10
--Other
0.50%--Spindle Oil2710.19.91
0.50%--Transformer Oil2710.19.92
0.50%--Mineral Turpentine Oil2710.19.93
0.50%--Oil For Use In Rubber Processing2710.19.94
0.50%--Liquid Paraffin Oil2710.19.95
0.50%--White Oil2710.19.96
1%--Other2710.19.99
1%
Petroleum Oils and Oils Obtained From Bituminous Minerals (Excluding Crude); Preparations Not Elsewhere Specified or Included,
Containing by Weight 70% or More of Petroleum Oils or Oils Obtained from Bituminous Minerals, These Oils being the Basic
Constituents Of The Preparations; Containing Bio-Diesel, Excluding Waste Oils:
2710.20.00
Waste Oils:
1%--Polychlorinated Biphenyls (Pcbs), Polychlorinated Terphenyls (Pcts) And Polybrominated Biphenyls (Pbbs)2710.91.00
1%--Other2710.99.00
Petroleum Coke, Petroleum Bitumen And Other Residues of Petroleum Oils or of Oils Obtained From Bituminous Minerals.27.13
--Petroleum Coke:
0.50%--Not Calcined2713.11.00
0.50%--Calcined2713.12.00
Green Tax Tariff (Continued):
62
Other Tax Updates (3/11)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
Road Development Fees shall be levied on the vehicles
imported or manufactured in Nepal.
Road Development Fees shall be levied on the vehicles
imported or manufactured in Nepal.
Road
Development Fees
8
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver87.02
-With Only Compression-Ignition Internal Combustion Piston Engine (Diesel Or Semi-Diesel):
7%9%--Buses (With More Than 25 Seats)8702.10.10
7%9%--Minibuses (With 15 To 25 Seats)8702.10.20
7%9%--Microbuses (With 11 To 14 Seats)8702.10.30
--With Both Compression-Ignition Internal Combustion Piston Engine (Diesel Or Semi-Diesel) &
Propulsion Electric Motor:
7%9%--Buses (With More Than 25 Seats)8702.20.10
7%9%--Minibuses (With 15 To 25 Seats)8702.20.20
7%9%--Microbuses (With 11 To 14 Seats) 8702.20.30
-With Spark-Ignition Internal Combustion Piston Engine & Propulsion Electric Motor:
7%9%--Buses (With More Than 25 Seats)8702.30.10
7%9%--Minibuses (With 15 To 25 Seats)8702.30.20
7%9%--Microbuses (With 11 To 14 Seats)8702.30.30
--Other Motor Vehicles With Only 10 Seats
3%5%--Unassembled8702.40.41
3%5%--Others8702.40.49
-Others:
7%9%--Buses (With More Than 25 Seats)8702.90.10
7%9%--Minibuses (With 15 To 25 Seats)8702.90.20
7%9%--Microbuses (With 11 To 14 Seats)8702.90.30
63
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
Road Development Fees shall be levied on the vehicles
imported or manufactured in Nepal.
Road Development Fees shall be levied on the vehicles
imported or manufactured in Nepal.
Road
Development Fees
8
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Vehicles For The Transport Of Ten Or More Persons, Including The Driver87.02
-With Only Compression-Ignition Internal Combustion Piston Engine (Diesel Or Semi-Diesel):
7%9%--Buses (With More Than 25 Seats)8702.10.10
7%9%--Minibuses (With 15 To 25 Seats)8702.10.20
7%9%--Microbuses (With 11 To 14 Seats)8702.10.30
--With Both Compression-Ignition Internal Combustion Piston Engine (Diesel Or Semi-Diesel) &
Propulsion Electric Motor:
7%9%--Buses (With More Than 25 Seats)8702.20.10
7%9%--Minibuses (With 15 To 25 Seats)8702.20.20
7%9%--Microbuses (With 11 To 14 Seats) 8702.20.30
-With Spark-Ignition Internal Combustion Piston Engine & Propulsion Electric Motor:
7%9%--Buses (With More Than 25 Seats)8702.30.10
7%9%--Minibuses (With 15 To 25 Seats)8702.30.20
7%9%--Microbuses (With 11 To 14 Seats)8702.30.30
--Other Motor Vehicles With Only 10 Seats
3%5%--Unassembled8702.40.41
3%5%--Others8702.40.49
-Others:
7%9%--Buses (With More Than 25 Seats)8702.90.10
7%9%--Minibuses (With 15 To 25 Seats)8702.90.20
7%9%--Microbuses (With 11 To 14 Seats)8702.90.30
63
Other Tax Updates (4/11)
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Cars And Other Motor Vehicles Principally Designed For The Transport Of Persons
(Other Than Those Of Heading 87.02), Including Station Wagons And Racing Cars.
87.03
--Other Vehicles, With Only Spark-Ignition Internal Combustion Piston Engine
--Engine Capacity Not Exceeding 1,000 CC
--Others:
8%10%--Unassembled8703.21.91
8%10%--Others8703.21.99
--Engine Capacity Exceeding 1,000 CC But Not Exceeding 1,500 CC:
8%10%--Unassembled8703.22.10
8%10%--Others8703.22.90
--Engine Capacity Exceeding 1,500 CC But Not Exceeding 3,000 CC:
--Engine Capacity Exceeding 1,500 CC But Not Exceeding 2,000 CC:
8%10%--Unassembled8703.23.11
8%10%--Others8703.23.19
--Other Vehicles, With Compression-Ignition Internal Combustion Piston Engine
(Diesel Or Semi-Diesel) Only:
--Engine Capacity Not Exceeding 1,500 CC:
8%10%--Unassembled8703.31.10
8%10%--Others8703.31.90
--Engine Capacity Exceeding 1,500 CC But Not Exceeding 2,500 CC:
--Engine Capacity Exceeding 1,500 CC But Not Exceeding 2,000 CC:
8%10%--Unassembled8703.32.11
8%10%--Others8703.32.19
64
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Cars And Other Motor Vehicles Principally Designed For The Transport Of Persons
(Other Than Those Of Heading 87.02), Including Station Wagons And Racing Cars.
87.03
--Other Vehicles, With Only Spark-Ignition Internal Combustion Piston Engine
--Engine Capacity Not Exceeding 1,000 CC
--Others:
8%10%--Unassembled8703.21.91
8%10%--Others8703.21.99
--Engine Capacity Exceeding 1,000 CC But Not Exceeding 1,500 CC:
8%10%--Unassembled8703.22.10
8%10%--Others8703.22.90
--Engine Capacity Exceeding 1,500 CC But Not Exceeding 3,000 CC:
--Engine Capacity Exceeding 1,500 CC But Not Exceeding 2,000 CC:
8%10%--Unassembled8703.23.11
8%10%--Others8703.23.19
--Other Vehicles, With Compression-Ignition Internal Combustion Piston Engine
(Diesel Or Semi-Diesel) Only:
--Engine Capacity Not Exceeding 1,500 CC:
8%10%--Unassembled8703.31.10
8%10%--Others8703.31.90
--Engine Capacity Exceeding 1,500 CC But Not Exceeding 2,500 CC:
--Engine Capacity Exceeding 1,500 CC But Not Exceeding 2,000 CC:
8%10%--Unassembled8703.32.11
8%10%--Others8703.32.19
64
Other Tax Updates (5/11)
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Vehicles For The Transport Of Goods87.04
7%9%--Dumpers Designed For Off-Highway Use8704.10.00
--Others, With Compression-Ignition Internal Combustion Piston Engine (Diesel Or Semi-Diesel) Only :
--Gross Vehicle Weight Not Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.21.10
8% / 10% (< & > 2000 CC)10%--Single Cab Pickup Trucks For Transporting Goods (Carrying Only 2 People Including Driver)8704.21.20
8% / 10% (< & > 2000 CC)10%--Delivery Vans8704.21.30
7%10%--Refrigerating System Fitted Vans8704.21.50
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.21.60
--Gross Vehicle Weight Exceeding 5 Tons But Not Exceeding 20 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.22.10
7%9%--Tankers Specially Prepared For Milk Transport8704.22.20
7%9%--Container Trucks8704.22.30
7%9%--LPG Tankers8704.22.40
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.22.50
7%9%--Cement Bulkers8704.22.60
7%10%--Refrigerating System Fitted Vans8704.22.70
--Gross Vehicle Weight Exceeding 20 Tons:
7%10%--Refrigerating System Fitted Vans8704.23.10
7%9%--Tankers Specially Prepared For Milk Transport8704.23.20
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.23.30
7%9%--Container Trucks8704.23.40
7%9%--Cement Bulkers8704.23.50
7%9%--LPG Tankers8704.23.60
65
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Vehicles For The Transport Of Goods87.04
7%9%--Dumpers Designed For Off-Highway Use8704.10.00
--Others, With Compression-Ignition Internal Combustion Piston Engine (Diesel Or Semi-Diesel) Only :
--Gross Vehicle Weight Not Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.21.10
8% / 10% (< & > 2000 CC)10%--Single Cab Pickup Trucks For Transporting Goods (Carrying Only 2 People Including Driver)8704.21.20
8% / 10% (< & > 2000 CC)10%--Delivery Vans8704.21.30
7%10%--Refrigerating System Fitted Vans8704.21.50
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.21.60
--Gross Vehicle Weight Exceeding 5 Tons But Not Exceeding 20 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.22.10
7%9%--Tankers Specially Prepared For Milk Transport8704.22.20
7%9%--Container Trucks8704.22.30
7%9%--LPG Tankers8704.22.40
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.22.50
7%9%--Cement Bulkers8704.22.60
7%10%--Refrigerating System Fitted Vans8704.22.70
--Gross Vehicle Weight Exceeding 20 Tons:
7%10%--Refrigerating System Fitted Vans8704.23.10
7%9%--Tankers Specially Prepared For Milk Transport8704.23.20
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.23.30
7%9%--Container Trucks8704.23.40
7%9%--Cement Bulkers8704.23.50
7%9%--LPG Tankers8704.23.60
65
Other Tax Updates (6/11)
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Vehicles For The Transport Of Goods87.04
--Others, With Spark-Ignition Internal Combustion Piston Engine Only:
--Gross Vehicle Weight Not Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.31.10
8% / 10% (< & > 2000 CC)10%--Single Cab Pickup Trucks For Transporting Goods (Carrying Only 2 People Including Driver)8704.31.20
8% / 10% (< & > 2000 CC)10%--Delivery Vans8704.31.30
7%10%--Refrigerating System Fitted Vans8704.31.50
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.31.60
--Gross Vehicle Weight Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.32.10
7%9%--Tankers Specially Prepared For Milk Transport8704.32.20
7%9%--Container Trucks8704.32.30
7%9%--LPG Tankers8704.32.40
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.32.50
7%9%--Cement Bulkers8704.32.60
7%10%--Refrigerating System Fitted Vans8704.32.70
66
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Vehicles For The Transport Of Goods87.04
--Others, With Spark-Ignition Internal Combustion Piston Engine Only:
--Gross Vehicle Weight Not Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.31.10
8% / 10% (< & > 2000 CC)10%--Single Cab Pickup Trucks For Transporting Goods (Carrying Only 2 People Including Driver)8704.31.20
8% / 10% (< & > 2000 CC)10%--Delivery Vans8704.31.30
7%10%--Refrigerating System Fitted Vans8704.31.50
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.31.60
--Gross Vehicle Weight Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.32.10
7%9%--Tankers Specially Prepared For Milk Transport8704.32.20
7%9%--Container Trucks8704.32.30
7%9%--LPG Tankers8704.32.40
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.32.50
7%9%--Cement Bulkers8704.32.60
7%10%--Refrigerating System Fitted Vans8704.32.70
66
Other Tax Updates (7/11)
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Vehicles For The Transport Of Goods87.04
--Others, With Both Compression-Ignition Internal Combustion Piston Engine
(Diesel Or Semi-Diesel) & Propulsion Electric Motor:
--Gross Vehicle Weight Not Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.41.10
8% / 10% (< & > 2000 CC)10%--Single Cab Pickup Trucks For Transporting Goods (Carrying Only 2 People Including Driver)8704.41.20
8% / 10% (< & > 2000 CC)10%--Delivery Vans8704.41.30
7%10%--Refrigerating System Fitted Vans8704.41.50
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.41.60
--Gross Vehicle Weight Exceeding 5 Tons But Not Exceeding 20 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.42.10
7%9%--Tankers Specially Prepared For Milk Transport8704.42.20
7%9%--Container Trucks8704.42.30
7%9%--LpgTankers8704.42.40
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.42.50
7%9%--Cement Bulkers8704.42.60
7%10%--Refrigerating System Fitted Vans8704.42.70
--Gross Vehicle Weight Exceeding 20 Tons:
7%10%--Refrigerating System Fitted Vans8704.43.10
7%9%--Tankers Specially Prepared For Milk Transport8704.43.20
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.43.30
7%9%--Container Trucks8704.43.40
7%9%--Cement Bulkers8704.43.50
7%9%--LPG Tankers8704.43.60
67
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Vehicles For The Transport Of Goods87.04
--Others, With Both Compression-Ignition Internal Combustion Piston Engine
(Diesel Or Semi-Diesel) & Propulsion Electric Motor:
--Gross Vehicle Weight Not Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.41.10
8% / 10% (< & > 2000 CC)10%--Single Cab Pickup Trucks For Transporting Goods (Carrying Only 2 People Including Driver)8704.41.20
8% / 10% (< & > 2000 CC)10%--Delivery Vans8704.41.30
7%10%--Refrigerating System Fitted Vans8704.41.50
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.41.60
--Gross Vehicle Weight Exceeding 5 Tons But Not Exceeding 20 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.42.10
7%9%--Tankers Specially Prepared For Milk Transport8704.42.20
7%9%--Container Trucks8704.42.30
7%9%--LpgTankers8704.42.40
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.42.50
7%9%--Cement Bulkers8704.42.60
7%10%--Refrigerating System Fitted Vans8704.42.70
--Gross Vehicle Weight Exceeding 20 Tons:
7%10%--Refrigerating System Fitted Vans8704.43.10
7%9%--Tankers Specially Prepared For Milk Transport8704.43.20
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.43.30
7%9%--Container Trucks8704.43.40
7%9%--Cement Bulkers8704.43.50
7%9%--LPG Tankers8704.43.60
67
Other Tax Updates (8/11)
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Vehicles For The Transport Of Goods87.04
--Others, With Both Spark-Ignition Internal Combustion Piston Engine & Propulsion Electric Motor:
--Gross Vehicle Weight Not Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.51.10
8% / 10% (< & > 2000 CC)10%--Single Cab Pickup Trucks For Transporting Goods (Carrying Only 2 People Including Driver)8704.51.20
8% / 10% (< & > 2000 CC)10%--Delivery Vans8704.51.30
7%10%--Refrigerating System Fitted Vans8704.51.50
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.51.60
--Gross Vehicle Weight Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.52.10
7%9%--Tankers Specially Prepared For Milk Transport8704.52.20
7%9%--Container Trucks8704.52.30
7%9%--LpgTankers8704.52.40
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.52.50
7%9%--Cement Bulkers8704.52.60
7%10%--Refrigerating System Fitted Vans8704.52.70
3%10%--Others8704.90.00
---This space has been intentionally left blank ---
68
Road Development Fees [Section 8]:
Old RateNew RateDescription of ItemsSub-HeadingHeading
Motor Vehicles For The Transport Of Goods87.04
--Others, With Both Spark-Ignition Internal Combustion Piston Engine & Propulsion Electric Motor:
--Gross Vehicle Weight Not Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.51.10
8% / 10% (< & > 2000 CC)10%--Single Cab Pickup Trucks For Transporting Goods (Carrying Only 2 People Including Driver)8704.51.20
8% / 10% (< & > 2000 CC)10%--Delivery Vans8704.51.30
7%10%--Refrigerating System Fitted Vans8704.51.50
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.51.60
--Gross Vehicle Weight Exceeding 5 Tons:
8% / 10% (< & > 2000 CC)10%--Double Cab Pickup Trucks For Transporting Goods (Carrying More Than 2 People Including Driver)8704.52.10
7%9%--Tankers Specially Prepared For Milk Transport8704.52.20
7%9%--Container Trucks8704.52.30
7%9%--LpgTankers8704.52.40
7%9%--Garbage Collection And Transporting Trucks With Compactor(Compressing System)8704.52.50
7%9%--Cement Bulkers8704.52.60
7%10%--Refrigerating System Fitted Vans8704.52.70
3%10%--Others8704.90.00
---This space has been intentionally left blank ---
68
Other Tax Updates (9/11)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
(5) Regulation & Administration of Casino Royalty will be done
by the Government of Nepal, Ministry of Culture, Tourism &
Civil Aviation.
---Removed---
(5) Regulation & Administration of Casino Royalty will be
done by the Government of Nepal, Ministry of Culture,
Tourism & Civil Aviation.
Casino Royalty14
(1) No tax will be levied on the transactions related to digital
services up to NPR 20 Lacs per annum.
(1) No tax will be levied on the transactions related to digital
services up to NPR 30 LacsNPR 20 Lacsper annum.
Digital Service Tax16
(1) Luxury Fees at 2% shall be levied on:
(C) Diamonds, Pearls, Stones studded in
-Gold Ornaments or
-Precious Metal Ornaments
(1) Luxury Fees at 2% shall be levied on:
(C) Diamonds, Pearls, Stones studded in
- Gold Ornaments or
- Precious Metal Ornaments
Gold Ornaments or
Diamonds, Pearls, Stones studded in Gold Ornaments
Luxury Fees17
---
Explanation: For the purposes of this section. "Foreign
Tour Package" means a package including means of
transport, food and accommodation, sightseeing and
entertainment activities.
Foreign
Tourism Fees
22
(5) If a person as per sub-section (2) does not submit the
statement as per sub-section (3), such person shall be
charged a fee of 2.5% per annum from the date the statement
is to be submitted to the date such statement is not filed.
(5) If a person as per sub-section (2) does not submit the
statement as per sub-section (3), such person shall be
charged a fee of 2.5% per annum on the transaction amount
from the date the statement is to be submitted to the date
such statement is not filed.
Foreign
Tourism Fees
22
69
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
(5) Regulation & Administration of Casino Royalty will be done
by the Government of Nepal, Ministry of Culture, Tourism &
Civil Aviation.
---Removed---
(5) Regulation & Administration of Casino Royalty will be
done by the Government of Nepal, Ministry of Culture,
Tourism & Civil Aviation.
Casino Royalty14
(1) No tax will be levied on the transactions related to digital
services up to NPR 20 Lacs per annum.
(1) No tax will be levied on the transactions related to digital
services up to NPR 30 LacsNPR 20 Lacsper annum.
Digital Service Tax16
(1) Luxury Fees at 2% shall be levied on:
(C) Diamonds, Pearls, Stones studded in
-Gold Ornaments or
-Precious Metal Ornaments
(1) Luxury Fees at 2% shall be levied on:
(C) Diamonds, Pearls, Stones studded in
- Gold Ornaments or
- Precious Metal Ornaments
Gold Ornaments or
Diamonds, Pearls, Stones studded in Gold Ornaments
Luxury Fees17
---
Explanation: For the purposes of this section. "Foreign
Tour Package" means a package including means of
transport, food and accommodation, sightseeing and
entertainment activities.
Foreign
Tourism Fees
22
(5) If a person as per sub-section (2) does not submit the
statement as per sub-section (3), such person shall be
charged a fee of 2.5% per annum from the date the statement
is to be submitted to the date such statement is not filed.
(5) If a person as per sub-section (2) does not submit the
statement as per sub-section (3), such person shall be
charged a fee of 2.5% per annum on the transaction amount
from the date the statement is to be submitted to the date
such statement is not filed.
Foreign
Tourism Fees
22
69
Other Tax Updates (10/11)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
Government Entities, Industries, Companies and
Individuals, including foreign nationals, importing any
goods for non-commercial purposes with a condition of re-
exporting such goods can import such goods on cash
deposit or bank guarantee after specifying the period for
re-export to the Custom Authorities.
If the goods are not exported due to natural calamities or
other reasons, 100% customs duty of such material and an
additional 15% penalty shall be recovered from such cash
deposits or bank guarantee and the balance amount shall
be released/refunded.
Recovery from Bonds or
Guarantees
30
---
Vehicles provided to the Nepali Army by China as part of
international cooperation, which are yet to be registered,
will not be subject to the prevailing clearance and
registration provisions under the Nepal Vehicle Pollution
Standards.
Special Provisions related
to Vehicle Registration
31
---This space has been intentionally left blank ---
70
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
Government Entities, Industries, Companies and
Individuals, including foreign nationals, importing any
goods for non-commercial purposes with a condition of re-
exporting such goods can import such goods on cash
deposit or bank guarantee after specifying the period for
re-export to the Custom Authorities.
If the goods are not exported due to natural calamities or
other reasons, 100% customs duty of such material and an
additional 15% penalty shall be recovered from such cash
deposits or bank guarantee and the balance amount shall
be released/refunded.
Recovery from Bonds or
Guarantees
30
---
Vehicles provided to the Nepali Army by China as part of
international cooperation, which are yet to be registered,
will not be subject to the prevailing clearance and
registration provisions under the Nepal Vehicle Pollution
Standards.
Special Provisions related
to Vehicle Registration
31
---This space has been intentionally left blank ---
70
Other Tax Updates (11/11)
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
The production, sale, and regulation of local alcohol will be
governed by prescribed guidelines.
Local Alcohol-Related
Activities
3 (A)
No person shall export, import or sell liquor without obtaining
the license and even a person who has obtained the license
shall not export, import or sell liquor except in accordance
with the terms and conditions specified in the license.
No person shall export or import or sellliquor without
obtaining the license and even a person who has obtained the
license shall not export or import or sellliquor except in
accordance with the terms and conditions specified in the
license.
Control on the Export and
Import of Liquor:
5
Liquor Act, 2031:
---This space has been intentionally left blank ---
71
Existing Provision (Old)Amended Provision (New)Sub-HeadingSection
---
The production, sale, and regulation of local alcohol will be
governed by prescribed guidelines.
Local Alcohol-Related
Activities
3 (A)
No person shall export, import or sell liquor without obtaining
the license and even a person who has obtained the license
shall not export, import or sell liquor except in accordance
with the terms and conditions specified in the license.
No person shall export or import or sellliquor without
obtaining the license and even a person who has obtained the
license shall not export or import or sellliquor except in
accordance with the terms and conditions specified in the
license.
Control on the Export and
Import of Liquor:
5
Liquor Act, 2031:
---This space has been intentionally left blank ---
71
HIGHLIGHTS OF
BUDGET SPEECH
BUDGET SPEECH
Significant Points of Budget Speech (1/4)
Highlights of Budget Speech presented by Honorable Barshaman Pun
Sectoral Updates
Agriculture
Investment Plan: A ten-year investment plan (2081-2091) with participation from private, cooperative, and public sectors.
Medicinal Marijuana: Legal arrangements for the commercial production of marijuana for medicinal purposes.
Education
Quality Improvement: "Sambriddhiko Adhaar: SikhsyamaGudatmakSudhar" to protect and promote knowledge and intellectual property.
Skills and Employment: Programs to enhance employment-oriented knowledge and skills for youth and daughters.
Electricity
Capacity Expansion: An additional 900 megawatts will be added, bringing total capacity to 4,500 megawatts.
Export Plans: Arrangements for exporting electricity to Bangladesh from the next fiscal year.
Renewable Energy: Fossil energy will be gradually replaced by clean and renewable energy to achieve zero carbon emissions by 2045.
Financial Sector
Legislation and Reforms: Amendments to the Nepal Rastra Bank Act and the Foreign Exchange Regulation Act.
Capacity Building: Institutional capacity of the Securities Board of Nepal and the Nepal Insurance Authority will be improved.
Market Reforms: Structural reforms to Nepal Stock Exchange Limited and CDS and Clearing Limited.
Commodity Exchange: Legal and institutional arrangements to operate a commodity exchange market.
Mandatory Listing: Companies with capital exceeding a specified amount will be required to list on the securities market.
73
Highlights of Budget Speech presented by Honorable Barshaman Pun
Sectoral Updates
Agriculture
Investment Plan: A ten-year investment plan (2081-2091) with participation from private, cooperative, and public sectors.
Medicinal Marijuana: Legal arrangements for the commercial production of marijuana for medicinal purposes.
Education
Quality Improvement: "Sambriddhiko Adhaar: SikhsyamaGudatmakSudhar" to protect and promote knowledge and intellectual property.
Skills and Employment: Programs to enhance employment-oriented knowledge and skills for youth and daughters.
Electricity
Capacity Expansion: An additional 900 megawatts will be added, bringing total capacity to 4,500 megawatts.
Export Plans: Arrangements for exporting electricity to Bangladesh from the next fiscal year.
Renewable Energy: Fossil energy will be gradually replaced by clean and renewable energy to achieve zero carbon emissions by 2045.
Financial Sector
Legislation and Reforms: Amendments to the Nepal Rastra Bank Act and the Foreign Exchange Regulation Act.
Capacity Building: Institutional capacity of the Securities Board of Nepal and the Nepal Insurance Authority will be improved.
Market Reforms: Structural reforms to Nepal Stock Exchange Limited and CDS and Clearing Limited.
Commodity Exchange: Legal and institutional arrangements to operate a commodity exchange market.
Mandatory Listing: Companies with capital exceeding a specified amount will be required to list on the securities market.
73
Significant Points of Budget Speech (2/4)
Industries
Partnerships and Innovation: New ventures to increase domestic production, promote innovation, and create employment.
Public-Private Partnerships: Closed industries like Biratnagar Jute Mill and HetaudaTextile Industry will be reopened through partnerships.
Domestic Liquor: Legal provisions for the production, branding, marketing, and sale of homemade liquor.
Health and Population
Healthcare Improvement: Qualitative and accessible basic and emergency health services.
New College: Establishment of Sita DahalMemorial College of Naturopathy and Yogic Science.
Information Technology
Ten-Year Plan: A plan to advance IT, aiming to create 500,000 new jobs and provide training for 1 million individuals.
Business Process Re-engineering: To simplify the tax system and improve compliance.
Digital Integration: AI will be used to enable paperless, faceless, and contactless services at the Inland Revenue Department.
Land Management and Cooperatives
Digital Records: Digitalization of land administration records.
Online Collateral Management: Online system for collateral pledging and releasing by banks and financial institutions.
Tourism
Tourist Attraction: Aim to attract 1.6 million tourists to Nepal.
Promotion Programs: Tourism promotion programs and a one-door service system for tourists.
Youth and Sports
Youth Engagement: Programs to utilize youth talent in public service and productive sectors.
Sports Tournaments: Budget allocation for national sports tournaments.
74
Industries
Partnerships and Innovation: New ventures to increase domestic production, promote innovation, and create employment.
Public-Private Partnerships: Closed industries like Biratnagar Jute Mill and HetaudaTextile Industry will be reopened through partnerships.
Domestic Liquor: Legal provisions for the production, branding, marketing, and sale of homemade liquor.
Health and Population
Healthcare Improvement: Qualitative and accessible basic and emergency health services.
New College: Establishment of Sita DahalMemorial College of Naturopathy and Yogic Science.
Information Technology
Ten-Year Plan: A plan to advance IT, aiming to create 500,000 new jobs and provide training for 1 million individuals.
Business Process Re-engineering: To simplify the tax system and improve compliance.
Digital Integration: AI will be used to enable paperless, faceless, and contactless services at the Inland Revenue Department.
Land Management and Cooperatives
Digital Records: Digitalization of land administration records.
Online Collateral Management: Online system for collateral pledging and releasing by banks and financial institutions.
Tourism
Tourist Attraction: Aim to attract 1.6 million tourists to Nepal.
Promotion Programs: Tourism promotion programs and a one-door service system for tourists.
Youth and Sports
Youth Engagement: Programs to utilize youth talent in public service and productive sectors.
Sports Tournaments: Budget allocation for national sports tournaments.
74
Significant Points of Budget Speech (3/4)
Governmental Initiatives
Climate Change and Disaster Management
Continued Initiatives: "HimalJogau, ManavtaBachau" program to continue.
Non-Resident Nepali (NRN)
NRN Campaign: To connect the capital, knowledge, and skills of non-resident Nepalis with their motherland.
NRN Development Fund: Facilitate investment opportunities through the NRN Nepal Development Fund.
Provincial Development
Economic Hubs: Provinces will be developed as specialized economic centers in collaboration with the private sector.
Public Entities
Single Holding Companies: Public entities to be operated through single holding companies.
Strategic Partnerships: Strategic partnerships in the management and operation of Nepal Airlines.
Rural Development
Socio-Economic Promotion: "Gramin Bikash Abhiyan" to promote socio-economic activities.
Local Level Development: "One local level, one downtown" initiative.
Women, Children, and Senior Citizens
Investment Year for Women: "Mahila LaganiBarsa" initiative.
Empowerment Programs : Employment-oriented knowledge and skills programs for daughters.
75
Governmental Initiatives
Climate Change and Disaster Management
Continued Initiatives: "HimalJogau, ManavtaBachau" program to continue.
Non-Resident Nepali (NRN)
NRN Campaign: To connect the capital, knowledge, and skills of non-resident Nepalis with their motherland.
NRN Development Fund: Facilitate investment opportunities through the NRN Nepal Development Fund.
Provincial Development
Economic Hubs: Provinces will be developed as specialized economic centers in collaboration with the private sector.
Public Entities
Single Holding Companies: Public entities to be operated through single holding companies.
Strategic Partnerships: Strategic partnerships in the management and operation of Nepal Airlines.
Rural Development
Socio-Economic Promotion: "Gramin Bikash Abhiyan" to promote socio-economic activities.
Local Level Development: "One local level, one downtown" initiative.
Women, Children, and Senior Citizens
Investment Year for Women: "Mahila LaganiBarsa" initiative.
Empowerment Programs : Employment-oriented knowledge and skills programs for daughters.
75
Significant Points of Budget Speech (4/4)
Taxation Initiatives
Base Year
National Accounting: Shift the base year for national accounting.
Exemptions, Concessions, and Investment Promotion
Tax Reductions: Reduced import duty and excise duty for raw materials and products to promote domestic industries.
Investment Attraction: Income tax reduction on foreign loan interest to attract foreign investment.
Export Facilitation: Increased export value limit and exemption of export duty on certain materials.
Improvement in Tax System
New Customs Bill: Presentation of a new Customs Bill for legislative updates.
Automated Integration: Automated system to integrate financial statements and tax information.
Transfer Pricing: Drafting of Transfer Pricing directives.
Faceless Audit: Implementation of e-assessment and faceless audit.
Taxation
Resident Definition Update: Incorporate international digital platforms into the tax jurisdiction.
Green Tax: Introduced on the import of petroleum and coal products.
Digital Tax System: API integration for tax submissions and AI-enabled services for a paperless, faceless, and contactless tax system.
Customs Assessment: Real custom assessment system based on market surveys.
76
Taxation Initiatives
Base Year
National Accounting: Shift the base year for national accounting.
Exemptions, Concessions, and Investment Promotion
Tax Reductions: Reduced import duty and excise duty for raw materials and products to promote domestic industries.
Investment Attraction: Income tax reduction on foreign loan interest to attract foreign investment.
Export Facilitation: Increased export value limit and exemption of export duty on certain materials.
Improvement in Tax System
New Customs Bill: Presentation of a new Customs Bill for legislative updates.
Automated Integration: Automated system to integrate financial statements and tax information.
Transfer Pricing: Drafting of Transfer Pricing directives.
Faceless Audit: Implementation of e-assessment and faceless audit.
Taxation
Resident Definition Update: Incorporate international digital platforms into the tax jurisdiction.
Green Tax: Introduced on the import of petroleum and coal products.
Digital Tax System: API integration for tax submissions and AI-enabled services for a paperless, faceless, and contactless tax system.
Customs Assessment: Real custom assessment system based on market surveys.
76
© 2024 | B.K. Agrawal & Co
B.K. Agrawal & Co. | Member Crowe GlobalFirm Name:
www.crowe.com/npWebsite (URL):
‘Saraswati Vatika’
122 Pannahiti Marg,
Sifal, Ward No. 7,
Kathmandu, Nepal
Tel: +977 1 4581865/4567568
Office:
[email protected]:
[email protected]
Disclaimer:The information contained in this document is compiled by B.K. Agrawal & Co.solely for the purpose of private circulation.
We do not assume responsibility for any omission or errors. Professional advice should be obtained before acting on any information contained herein.
Contact Us:
©2024 | B.K. Agrawal & Co.
B.K. Agrawal & Co. | Member Crowe GlobalFirm Name:
www.crowe.com/npWebsite (URL):
‘Saraswati Vatika’
122 Pannahiti Marg,
Sifal, Ward No. 7,
Kathmandu, Nepal
Tel: +977 1 4581865/4567568
Office:
[email protected]:
[email protected]
Disclaimer:The information contained in this document is compiled by B.K. Agrawal & Co.solely for the purpose of private circulation.
We do not assume responsibility for any omission or errors. Professional advice should be obtained before acting on any information contained herein.
Contact Us:
©2024 | B.K. Agrawal & Co.
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