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 on 16 Nov. 1997 but the act was developed in 1998. VAT was implemented in FA 1998/99 and is the major source of government revenue. It is administered by the Inland Revenue Department of Nepal.

VAT Rates in Nepal

The normal VAT rate is 13%;[1] some goods or services are exempted from VAT.[2]

References
  1. "VALUE ADDED TAX rates, rules and updates F/Y 2077-78 (VAT in Nepal)".
  2. VAT Act, 2052
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