Nepal Government to Fine Petrol Pumps Up to Rs 10 Lakh for Creating Artificial Fuel Shortages
Summary
The Nepal government has introduced fines up to Rs 10 lakh and fuel supply bans for petrol pumps found creating artificial fuel shortages as per updated regulations under the Nepal Oil Corporation.
Key Points
- The government introduced strict fines up to Rs 10 lakh for petrol pumps creating artificial fuel shortages.
- The Ministry of Industry, Commerce and Supplies amended rules under Nepal Oil Corporation's regulations.
- First offense fines are Rs 3 lakh plus a 5-day fuel supply ban.
- Second and third offenses incur higher fines and longer fuel supply bans, up to Rs 10 lakh and 15 days respectively.
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