Exports to NEPAL

[Vikram Mandoth]

Dear AlL

We want to export and Electrcial Product to Nepal. The customer will pick the material from our factory in Bangalore and make the payment in INR.

What are the documents required

What will be the Customs duty and GST applicable.

Any other suggestions or inputs.

Thanking in Advance.

Regards

Vikram

[KASTURI SETHI]

Export to Nepal is at par with other countries. It is zero rated. The supplier has to file either LUT (for without payment of duty) or make payment of IGST and claim rebate/refund under Section 54 of CGST Act.

Docs required

(i) .Eway bill is required up to port.

(ii) Tax invoice

(iii) Shipping bill

[KASTURI SETHI]

“Unique Number allotted by the GST officer on submission of LUT should be mentioned on invoice” and GSTIN should be mentioned on the invoices

.the invoice shall carry an endorsement “Supply meant for export on payment of integrated tax” or “Supply meant for export under bond or letter of undertaking without payment of integrated tax.

Also see Rule 46 of CGST Rules, 2017.

[YAGAY and SUN]

In addition to above reply, now online CoO is required from the DGFT's website if exporting to Nepal.

AI Summary

Zero-rated exports: Nepal shipments require LUT or IGST with refund, specified export documents and online CoO.
Exports to Nepal are zero-rated; exporter must furnish a Letter of Undertaking or pay IGST and claim refund. Required documents include e way bill up to the port, tax invoice (showing GSTIN and LUT unique number where applicable) with the prescribed export endorsement, and the shipping bill. An online Certificate of Origin from the DGFT website is additionally required for exports to Nepal.