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Export HS Code 81042010 (Waste and scrap: Magnesium scrap, namely the following: Magn...) to Nepal

HS Code Details

Code81042010
DescriptionWaste and scrap: Magnesium scrap, namely the following: Magnesium clips covered by ISRI code word ‘Wafer’; Magnesium scrap covered by ISRI code word ‘Walnut’; Magnesium engraver plates covered by ISRI code word ‘Wine’; Magnesium dock boards covered by ISIR code word ‘Wood
Chapter81
SectionXVBase Metals & Articles
Duty RatePreferential rate may apply

🇳🇵 Nepal

CapitalKathmandu
CurrencyNepalese Rupee
RegionSouthern Asia
India Export Rank#22
Trade AgreementSAFTA

India–Nepal Trade Data for HS 8104

India exported $245.8K worth of waste and scrap: magnesium scrap, namely the following: magnesium clips covered by isri code word ‘wafer’; magnesium scrap covered by isri code word ‘walnut’; magnesium engraver plates covered by isri code word ‘wine’; magnesium dock boards covered by isir code word ‘wood (HS 8104) to Nepal in 2024.

Export Trend (USD)

2024
$245.8K

Exporting Waste and scrap: Magnesium scrap, namely the following: Magn... to Nepal

Trade Agreement Benefit: India and Nepal have a SAFTA which may offer preferential duty rates for this product category. Apply for a Certificate of Origin to claim reduced tariffs.

Exporting waste and scrap: magnesium scrap, namely the following: magnesium clips covered by isri code word ‘wafer’; magnesium scrap covered by isri code word ‘walnut’; magnesium engraver plates covered by isri code word ‘wine’; magnesium dock boards covered by isir code word ‘wood (HS Code 81042010) from India to Nepal requires attention to documentation, packaging standards, and customs regulations. Indian exporters should ensure compliance with both DGFT export regulations and Nepal's import requirements.

Key considerations include proper classification under HS 81042010, accurate valuation, and meeting any product-specific standards or certifications required by Nepal. Payment terms commonly used include Letter of Credit (L/C), Documents against Payment (D/P), and advance payment.

Shipping from India to Nepal typically takes 5–15 days by sea, depending on the port of origin and destination. Major Indian ports serving this route include JNPT (Mumbai), Mundra, and Chennai.

Documentation Required

Commercial Invoice

Detailed invoice with buyer/seller details, product description, quantity, price, and Incoterms.

Packing List

Itemized list of contents, weights, dimensions, and package markings for each shipment unit.

Bill of Lading / Airway Bill

Transport document issued by the carrier confirming receipt of goods for shipment.

Certificate of Origin

Certifies that goods originate from India. Required for preferential tariff treatment under trade agreements.

Shipping Bill

Filed with Indian Customs for export clearance. Generated through ICEGATE.

Letter of Credit / Bank Documents

Payment guarantee instrument. Commonly used for first-time trade partners.

Insurance Certificate

Proof of marine/cargo insurance covering the shipment against loss or damage.

Related HS Codes in Chapter 81

Other Export Destinations for Waste and scrap: Magnesium scrap, namely the following: Magn...

Export Waste and scrap: Magnesium scrap, namely the following: Magn... to Nepal with XIMPEX

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