Provisional Tax Collection Act, 1955

Chapter-1

Preliminary

1. Short Title and Commencement: (1) This Act may be called the "Customs Tariff Act, 2025".

(2) This Act shall come into force immediately. 2. Definitions: Unless the subject or context otherwise requires, in this Act,-

(a) "Duty Free Shop" means a shop approved by the Government of Nepal to sell goods imported under bank guarantee facility to a person entitled to diplomatic privilege or tariff facility or to sell to a related airline company for catering on international flights or for sale in duty free shops on such flights.

(b) "Diplomatic Privilege" means the facility or concession allowed for the export or import of any goods without inspection and without collecting tariff, only by maintaining a record, in accordance with a treaty or agreement to which Nepal is a party.

(c) "Clearance" means the permission given by a Customs Officer to export or import any goods from an office or customs warehouse or to take goods outside the customs area in accordance with this Act and the Rules made under this Act or the prevailing customs law.

(d) "Prescribed" or "as prescribed" means prescribed or as prescribed in the Rules made under this Act.

(e) "Export" means the act of sending goods from Nepal to a foreign country.

(f) "Import" means the act of bringing goods into Nepal from a foreign country.

(g) "Bank Guarantee" means a guarantee provided to the Customs Office by a commercial bank or financial institution licensed to conduct banking transactions pursuant to the prevailing law, undertaking to pay the tariff payable by an exporter or importer at the time of export or import of goods if such person fails to pay.

(h) "Bank Guarantee Facility" means the facility provided to an exporter or importer to export or import goods on the basis of a bank guarantee.

(i) "Customs Officer" means a Customs Officer as per the prevailing customs law.

(j) "Customs Office" means a Customs Office as per the prevailing customs law.

(k) "Customs Tariff" means the customs tariff leviable under this Act on goods to be exported or imported.

(l) "Customs Value" means the value determined in accordance with the prevailing customs law for the purpose of determining customs tariff on goods to be exported or imported.

(m) "Ministry" means the Ministry of Finance, Government of Nepal.

(n) "Tariff" means the customs tariff leviable under this Act on goods to be exported or imported, and this term also includes tax, fee or service charge levied under this Act.

(o) "Tariff Facility" means the facility allowed for the export or import of any goods without collecting tariff, and with or without inspecting the goods, only by maintaining a record.

(p) "Director General" means the Director General of the Department of Customs.

(q) "Goods" means any type of movable goods or property, including currency.

(r) "Person" means a natural person, and this term also includes a legal entity.

(s) "Department" means the Department of Customs.

(t) "Demurrage" means the demurrage payable or deliverable by the owner of the goods to the Government of Nepal pursuant to Section 22.

(u) "Harmonized System" means the Harmonized Commodity Description and Coding System developed by the World Customs Organization.