You are viewing the translated version of भन्सार महसुल सम्बन्धी छुट, सुविधा वा सहुलियत.
Section 25
Exemption, facility or concession related to customs duty
The following customs duty exemptions shall be given to the goods registered under this Act:-
(a) In the case of exports by companies that do not have the facility of bonded warehouse or cash bond (passbook), the Ministry of Finance will determine the rate of duty draw back and publish a notice in the Nepal Gazette. The Ministry will refund the duty draw back amount according to the rate determined in that way through the single point service center.
(b) If the industry without a bonded warehouse license exports its products through vouchers or through the prevailing banking system or sells domestically in convertible foreign currency, the raw materials or auxiliary raw materials required to produce such goods and also the packaging materials not produced in Nepal will be charged. Subject to the prescribed conditions and procedures for customs duty, they are allowed to import with a bond,
(c) Notwithstanding anything written in Clause (b), in the case of packaging materials that are not produced in Nepal, such industry will get the facility as per Clause (b) only if the Department verifies that it is not produced in Nepal and recommends granting facilities. (d) Customs duties on raw materials, auxiliary raw materials, and packaging materials required by an industry for its production will generally be one level lower than the customs duty on the import of finished goods produced from such raw materials,
(e) Machinery or generators of ten kilowatt capacity or more or industrial equipment imported by the industry for its commercial purposes shall be subject to customs duty at the minimum rate,
(f) Machinery and scientific equipment imported by quality measuring laboratories for the purpose of quality measurement and machinery and equipment imported by industry for research and development shall be subject to minimum customs duty,
(g) Secondary goods used in industrial goods to be exported (Intermediate Goods) The customs duty paid by the producing industry on the production materials shall be refunded to the related secondary goods producing industry based on the quantity exported, but shall not be refunded if the application for refund is not made within one year of exportation.
(a) In the case of exports by companies that do not have the facility of bonded warehouse or cash bond (passbook), the Ministry of Finance will determine the rate of duty draw back and publish a notice in the Nepal Gazette. The Ministry will refund the duty draw back amount according to the rate determined in that way through the single point service center.
(b) If the industry without a bonded warehouse license exports its products through vouchers or through the prevailing banking system or sells domestically in convertible foreign currency, the raw materials or auxiliary raw materials required to produce such goods and also the packaging materials not produced in Nepal will be charged. Subject to the prescribed conditions and procedures for customs duty, they are allowed to import with a bond,
(c) Notwithstanding anything written in Clause (b), in the case of packaging materials that are not produced in Nepal, such industry will get the facility as per Clause (b) only if the Department verifies that it is not produced in Nepal and recommends granting facilities. (d) Customs duties on raw materials, auxiliary raw materials, and packaging materials required by an industry for its production will generally be one level lower than the customs duty on the import of finished goods produced from such raw materials,
(e) Machinery or generators of ten kilowatt capacity or more or industrial equipment imported by the industry for its commercial purposes shall be subject to customs duty at the minimum rate,
(f) Machinery and scientific equipment imported by quality measuring laboratories for the purpose of quality measurement and machinery and equipment imported by industry for research and development shall be subject to minimum customs duty,
(g) Secondary goods used in industrial goods to be exported (Intermediate Goods) The customs duty paid by the producing industry on the production materials shall be refunded to the related secondary goods producing industry based on the quantity exported, but shall not be refunded if the application for refund is not made within one year of exportation.