MRP rule eased at customs, import flow resumes
Summary
Nepal's government has temporarily eased the MRP labeling rule at customs, allowing importers to self-declare MRP and resume import flow, ending recent clearance bottlenecks at key border points.
Key Points
- The government temporarily relaxed the MRP labeling requirement at customs checkpoints to ease import clearance.
- Importers are now allowed to self-declare MRP at the time of clearance and label goods later in warehouses.
- This change ended recent bottlenecks at major entry points like Birgunj and Biratnagar, resuming import flow.
- Revenue collection surged to Rs 1.59 billion in a single day after the rule revision.
