How much tax do you pay on an EV in Nepal (FY 2083/84)?
For FY 2083/84, EVs in Nepal are taxed on CIF value: from 10% customs + 2% CIIF for budget EVs up to 60% + 7% + excise for luxury EVs, plus 13% VAT.
- CIF up to NPR 30 lakh: 10% customs + 2% CIIF
- CIF up to NPR 60 lakh: 20% customs + 3% CIIF
- CIF up to NPR 100 lakh: 40% customs + 5% CIIF
- CIF up to NPR 1 crore+ lakh: 60% customs + 7% CIIF + 15% excise
Use the tax calculator for an estimate on a specific CIF value.