Excise Duty

1.1.     General Excise duty is administered and collected under the Excise Duty Act and Excise Regulation. Excise Duty is payable on the manufacture and import of certain excisable goods. Generally liquors, cigarettes, tobacco products, molasses etc. are excisable products as per the Excise Act. Excise duty is also applicable for Read more…

Customs Duty

1.1.     General Customs Duties are levied in accordance with the Customs Act. In normal cases, the importer states the cost, insurance & freight (“CIF”) value of the goods in customs declaration at the relevant customs office in the Nepal border and customs duty is accordingly levied on the goods being Read more…