Facilities for SEZ - Custom Duty

Following are the exemptions provided under custom Duties to SEZs on the recommendation of SEZ authority -

1. No import duty on import of 1 unit of bus for the transportation of employees, labour
2. No import duty on import of 2 units of transport vehicle for the transportation of goods
3. Import of raw materials, auxiliary raw materials, including packing materials not manufactured in Nepal by furnishing a Bank Guarantee equal to the custom duty applicable
4. Import of plant and machinery, equipment, tools, spare parts by furnishing a Bank Guarantee equal to the custom duty applicable

• if the above mentioned bus or transport vehicle is sold or transferred through any means, fully duty shall be payable
• BG shall be released on the recommendation of SEZ authority after the completion of work for which it was taken
• if SEZ sells its goods inside Nepal, then such goods can be removed from SEZ only after payment of applicable duties on the imported Raw Material
• if any importer sells goods to SEZ after importing such goods on payment of import duties, then such importer shall be liable to refund. An application has to be filed within 60 days to the custom office with necessary documents.
• if industry wants to shift its location outside SEZ, such SEZ shall pay an amount of exemption availed except for VAT to the customs office.