KATHMANDU: Nepal’s privately-owned telecom company, Ncell is learned to have submitted a plan to the Large Taxpayers’ Office in a bid to clear all its dues within the next five months.

The company had in December last year made a partial payment of Rs 4.5 billion the Large Taxpayers’ Office.

Ncell, now has, expressed the commitment to clear the dues related to outstanding capital gain tax by May.

It has an outstanding dues of around Rs 22.44 billion, reports said.

The Large Taxpayers’ Office last year had issued a notice in the name of Ncell instructing to clear all dues after the Supreme Court (SC) in November 2019 said it had to pay  over 21 billion.