Fixed broadband prices in Nepal set to jump up to 100%
Summary
Fixed broadband prices in Nepal are set to rise sharply after the Supreme Court dismissed internet service providers’ petition against the Large Taxpayers Office. ISPs now face billions in back taxes and possible annual penalties dating back to 2018.
Key Points
- The Supreme Court dismissed ISPs’ writ petition against the Large Taxpayers Office, clearing the way for higher fixed broadband charges.
- The dispute is over how Telecommunications Service Tax should be applied to maintenance fees and internet service bills.
- ISPs may owe billions of rupees in back taxes, along with penalties of up to 60% per year since 2018.