Customs clearance stalled, revenue hit over MRP dispute
Summary
Customs clearance and revenue collection at major border points, including Birgunj, have stalled due to traders opposing the mandatory implementation of maximum retail price (MRP) at customs.
Key Points
- Customs clearance and revenue collection at major Nepal border points have been disrupted for two days due to trader opposition to mandatory MRP implementation.
- Birgunj Customs Office reported a halt in goods clearance as traders have not submitted required declaration forms, affecting daily revenue collection.
- Petroleum products, fruits, vegetables, and industrial raw materials clearance continues, generating around Rs 310 million in revenue at Birgunj.
- Birgunj Chamber of Commerce and Industry Chair Hari Prasad Gautam called the MRP provision impractical and identified it as the cause of the protest.
