Nepal Government Announces 50% Tax Relief on Petroleum Imports

Summary

The Nepalese government announced a 50 percent exemption on customs duty and infrastructure tax on diesel, petrol, and kerosene imports.

Key Points
  • The government has decided to grant a 50 percent exemption on customs duty on petroleum imports.
  • The exemption applies to diesel, petrol, and kerosene imports.
  • The decision was announced after the cabinet meeting held on Tuesday.
  • Minister Pratibha Rawal announced the tax relief measures.
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