Export to nepal

We are in the process of exporting machinery to nepal. We would like to know what are the feasible options available with us.

We are evaluating implications from the point of view of :

1. Customs

2. VAT

3. Excise

Currently we are evaluating the following options:

1. Nepal Customer raises a PO on India Company - India Company raises a PO on Korea (Parent Co) - Ship from Korea (Parent company) to Nepal Customer - Invoice by (Parent Co) to India Company - India Company raises an invoice on Nepal Customer - Payment to India Company by Nepal Customer - Payment to Korea (Parent Co) by India Co.

2. Nepal Customer raises a PO on India Company - India Company raises a PO on Korea (Parent Co) - Ship from Korea (Parent company) to India Company - Ship from India Company to Nepal Customer- Invoice by (Parent Co) to India Company - India Company raises an invoice on Nepal Customer - Payment to India Company by Nepal Customer - Payment to Korea (Parent Co) by India Co.

Your responses will be highly appreciated.

Kindly include any documentation procedures and the relevant rules under the Customs, Excise and VAT for export to Nepal.  

Alos bring out any other options that u may deem fit which saves the compliance and the duty part.

Thanks and Regards,

C.A Sanket Raje