Value added tax (Nepal)

Value Added Tax (VAT) is an indirect tax levied on the value creation or addition. The concept of VAT in Nepal was introduced in FY 2049/50 but the act was developed in BS 2050. VAT was implemented in 1998 and is the major source of government revenue.[1][2] It is administered by the Inland Revenue Department of Nepal.

VAT Rates in Nepal

The normal VAT rate is 13%;[3] some goods or services are exempted from VAT.[4]

References

  1. ^ "Major revenue sources under central govt". kathmandupost.com. Retrieved 2026-03-09.
  2. ^ "Nepal Development Update". World Bank. Retrieved 2026-03-09.
  3. ^ "VALUE ADDED TAX rates, rules and updates F/Y 2077-78 (VAT in Nepal)". Archived from the original on 2020-10-25. Retrieved 2019-08-11.
  4. ^ "VAT Act, 2052". Archived from the original on 2013-12-28. Retrieved 2013-12-28.
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