5 Major Developments in Nepal

5 Major Developments in Nepal

• Rights groups say no VAT on potatoes and onions

• Traders stop potato, onion imports after VAT decision

• Implementation of Revised Procedure for Taxation of Digital Service Transactions

• Digital Service Tax System yet to bring all Under its Net

• Value-Added Services in Telecom Sector to be Regulated

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Digital Services Tax

• Implementation of Revised Procedure for Taxation of Digital Service Transactions

• Digital Service Tax System yet to bring all Under its Net

• Value-Added Services in Telecom Sector to be Regulated

Exemption

• Implementation of Revised Procedure for Taxation of Digital Service Transactions

Implementation / Reform

• Draft bill: Proposal for 2% luxury tax

Importation

• Traders stop potato, onion imports after VAT decision

Rate

• NATTA concerned over imposition of 13 percent VAT on air-travel tickets

Reporting / Compliance

• Implementation of Revised Procedure for Taxation of Digital Service Transactions

Taxable Transaction

• Rights groups say no VAT on potatoes and onions