KATHMANDU: Finance Minister Dr. Yubaraj Khatiwada has said that there is no change in customs and any other tax rates for the import of electronic vehicles (EVs) to be used for public transportation system.
Responding to the queries raised by the parliamentarians on Appropriation Bill 2077 in the House of Representatives meeting today, he said that the government was promoting public transports with EVs and the customs rate is fixed just one percent.
He was of the argument that the tax rates for the EVs to be used for private purposes were slightly changed.
Saying that a bold decision was taken during India’s blockade to Nepal to import the EVs at a 10 percent customs rate, the Finance Minister reaffirmed that the import of EVs for the purpose of public use is just one percent.
On the occasion, he said that there will be a massive change in the public transportation sector if we move ahead by finalizing the Public Transport Authority Bill, which is under consideration in the House.
Regarding the tax reduction on chocolate, Minister Dr. Khatiwada argued that the decision was not taken by looking at a few firms adding that 124 companies import chocolates in the country.
Dr. Khatiwada said that the decision to limit the customs rate of chocolates in 30 percent was not influenced by anyone.
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