Kathmandu, 21 July: Nepal Chamber of Commerce (NCC) has drawn the attention of the government to entrepreneurship difficulties some provisions in the proposed Finance Bill might create.
President of the NCC Rajesh Kaji Shrestha, in a meeting with Prime Minister Khagda Oli briefed him on existing entrepreneurship situation and supply difficulties. He protested the government’s decision to implement the Vehicle and Consignment Tracking System viewing it as negative. He rather suggested not enforcing the system on short route supply made by producers, importer, retail traders and distributers.
Imposing value-added tax on supply of goods would directly affect consumers, he argued, adding that bringing suppliers under the ambit of VAT involves practical difficulties.
People’s News Monitoring Service