Class 6

CLASS V: TEMPORARY
IMPORT OF VEHICLES
Umesh Raj Pandeya

Chapter Outline
 This Class covers:
 Duty applicable on Temporary Import of Vehicles
Class Materials
© Umesh Raj Pandeya, 2017
Import under CARNET facility
 The vehicles imported by tourist for personal purpose can
be kept in Nepal for six months either continuously or
intermittently in a period of one year from the date of entry
of vehicle into Nepal without any duty.
 These vehicles, if not exported within such six months
period, shall automatically confiscated
 The following period shall be counted to determine the
period of six months as mentioned in the carnet issued by
Customs:
 In the custody of police due to accident, or
 In garage for repair
Class Materials
Restrictions in relation to vehicle under
CARNET facility
 These vehicles shall not be given under grant, or as
gift or sold
 The other goods in the vehicles may be released in the
terms that they will be returned back along with the
vehicles mentioning the same in the carnet.
Class Materials
Temporary Import of Other vehicles
 No duty to be levied:
 Ifsuch vehicles return back to foreign country reaching the
nearest market during the same day
 In case of vehicles imported under bilateral or multilateral
treaty to which Nepal is a party, the provisions of such
treaty shall apply
 In case of import of tractor carrying imported goods returns
back to foreign country in empty form within 48 hours of
entry
Class Materials
Temporary Import of Tractor
Particulars Duty Per day Conditions
Tractor without Trailer Rs. 300 Cannot stay in Nepal for more than 30 days
Tractor with Trailer Rs. 600 Cannot stay in Nepal for more than 30 days
Trailer of Tractor Rs. 600 Cannot stay in Nepal for more than 30 days
Car, Jeep, Van Rs. 400 Cannot stay in Nepal for more than 30 days in a period of
one year
Tourist Vehicle including Rs. 400 Cannot stay in Nepal for more than 30 days in a period of
bus/minibus one year
Motorcycle/scooter Rs. 100 Cannot stay in Nepal for more than 30 days in a period of
one year
Three wheeler Rs. 300 Cannot stay in Nepal for more than 30 days in a period of
one year
Trailer Truck and other vehicles Rs. 1,000 Maximum stay of 7 days in Nepal per entry
used for transportation of goods
Vehicle installed with boring Rs. 1,000 Cannot stay in Nepal for more than one year
machine for drinking water or
irrigation
Class Materials
Exceptions of 30 days rule
 In case the 30 days time period is not sufficient for stay in Nepal for
special vehicle where equipments are fitted imported for the purpose
of motion picture filming, educational demonstration and
promotion of social consciousness, the DG can extend the time
limit up to maximum of 3 months on recommendation of concerned
chief of customs officer
 In case such goods does not return after prescribed time, the customs
can confiscate good
 Where there is genuine reason for overstay in Nepal, the export can
be permitted by collected duty as follows:
 In case of bike- Rs. 1000 per day not exceeding value of bike
 In case of others- Rs. 2000 per day not exceeding value of such vehicles
Class Materials
No Import duty on Import of Goods
Transporting Vehicles
Particulars Max. period of stay in
Nepal
Bullet carrying gas 96 hours
Truck (except gas bullet) and container carrying goods to reach 72 hours
and return back from destiny after unloading
Truck (except gas bullet) and container carrying goods unload 72 hours
goods in customs premise
Class Materials
Other conditions for slide 8
 If gas bullet, truck with trailer or trailer cannot return
back within 96 hours or 72 hours as the case may due
to:
 Closure, strike, natural disaster or accident in concerned
area
the chief of customs office may add the time up to another 3
days without collecting duty
 In other cases, duty as specified in slide 6 is
applicable.
Class Materials
DUTY ON SALES OF GOODS
IMPORTED UNDER
PRIVILEGES
Provisions of Finance Act (2074/75)
Class Materials
 The goods imported under:
 Diplomatic privilege
 Duty privilege
 Partial or complete duty exemption
If sold or gifted in Nepal, there shall be applicability of duty
Class Materials
Customs rate and Exchange Rate
 The customs rate and exchange rates prevailing on
the date of sales/ registration/auction shall be
applicable
 The valuation shall be done in foreign currency
Class Materials
Class Materials

Class 6

Uploaded by

Copyright:

Available Formats

Class 6

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Class 6

Uploaded by

Copyright:

Available Formats

CLASS V: TEMPORARY

Umesh Raj Pandeya

Provisions of Finance Act (2074/75)

 Partial or complete duty exemption

If sold or gifted in Nepal, there shall be applicability of duty

You might also like