Customs clearance halts over MRP provision

Summary

Customs clearance at Birgunj Customs Office has been halted due to the government's attempt to implement mandatory maximum retail price (MRP) on imported goods, causing obstruction by entrepreneurs and traders who did not provide MRP lists.

Key Points
  • Customs clearance work at Birgunj Customs Office has been halted since Tuesday due to the implementation of maximum retail price (MRP) on imported goods.
  • The federal government issued a notice on April 8 to mandatorily apply MRP on goods arriving at customs points.
  • Entrepreneurs and traders obstructed customs clearance as they did not provide the necessary MRP list for their goods.
  • Birgunj Customs Office collects revenue averaging Rs 500-600 million per day.
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