Shikhar Insurance
Property Insurance

Duty Insurance

by Shikhar Insurance

Transit Duty Cover

Covers

Duty difference (Market - CIF)

Route

Calcutta to Nepal (land)

Goods

Non-sensitive items only

Premium

रु. 0 रु./वर्ष

NPR/yr

Coverage

रु. 0 रु.

NPR

Description

Pays the duty/difference between market value and CIF value when insured goods imported via land through India (from Calcutta to Nepal) do not reach Nepal due to theft, pilferage, or non-delivery. Only covers duty difference — does not cover loss or damage of goods while in transit. Applicable to non-sensitive items (watches, silk, fabrics, spices, electronics and parts, etc.).

Features
  • Covers duty/difference between market value and CIF value
  • Valid only for land imports via India (Calcutta to Nepal)
  • Covers theft, pilferage and non-delivery
  • Does not cover loss or damage to goods during transit
  • For non-sensitive goods (watches, silk, fabrics, spices, electronics and parts)
Highlights
  • Duty-difference cover
  • Calcutta → Nepal (land) route only
  • Covers theft/pilferage/non-delivery
  • Transit damage excluded
Agriculture Insurance Details
Govt. Subsidy%
Coverage TypeTransit duty/difference cover for land imports (covers theft, pilferage, non-delivery; excludes transit damage)