![]() ![]() Since the collection of both customs duties and income tax depends, to a great extent, upon the effectiveness of VAT, it is expected to help enhance revenue collection. It has been designed to collect the same revenue as the four taxes it replaced. However, it could not be implemented fully until the FY 1998/99 due to political instability and strong opposition from the business community.VAT replaces the old Sales Tax, Contract Tax, Hotel Tax and Entertainment Tax. This tax was levied in place of the Sales Tax, Hotel Tax, Contract Tax and Entertainment Tax. In Nepal, Value Added Tax (VAT) was introduced on 16 Nov. Engineering/Medical Entrance Examination Results.Smoking(Rules Regarding Smoking in Public Places).Dress Code/Demonstrative Behavior in Public Places.Federation of Nepalese Chambers of Commerce and Industry.Nepal Standards and Metrology Department.National Natural Resources and Fiscal Commission.
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