Nepal Electricity Authority Implements 5% VAT on Household Electricity Consumption Above 50 Units
Summary
Nepal Electricity Authority enforces a 5% VAT on household electricity consumption exceeding 50 units starting today, exempting consumers using 50 units or less.
Key Points
- Nepal Electricity Authority has started implementing a 5% VAT on domestic electricity consumption above 50 units.
- The VAT was imposed following the budget announcement by Finance Minister Dr. Swarnim Wagle on Jestha 15.
- Electricity bills for consumption up to 50 units are exempt from VAT.
- More than 3 million customers consume up to 50 units per month in Nepal, thus exempt from the additional VAT.
