Global Trade Alert
Global Trade Alert

Nepal: Announcements as part of the 2023-24 budget

Announcement

29 May 2023

The government of Nepal has announced certain interventions as part of the annual budget for the year 2023-2024.

 

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Number of interventions

3

2 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

16 Jul 2023

Revocation date:

No revocation date

Updated: 29 May 2023
Internal taxation of imports In force

On 29 May 2023, the Nepalese Finance Minister as part of the 2080-2081 (2023-2024) fiscal budget announced a 2% luxury tax on the imports of foreign liquor. The tax will be imposed at the cust...

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Updated: 29 May 2023
Import tariff In force

On 29 May 2023, the Finance Minister of Nepal announced amendments to the customs duty as part of the budget for the year 2080-81 (2023-24). The customs duty has been increased for goods under...

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Implementation date

16 Jul 2023

Revocation date:

No revocation date

Updated: 29 May 2023
Import tariff In force

On 29 May 2023, the Finance Minister of Nepal reduced the customs duty on various goods. The announcement has been made as part of the annual budget for the fiscal year 2080-81 (2023...

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