Large Taxpayer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

KATHMANDU, Jan 31: Supermarket Bhatbhateni, accused of conducting business using fake VAT bills, has been ordered by the Supreme Court (SC) to pay more than Rs 1.6 billion to the government. After the order of the Supreme Court, it has been confirmed that Bhatbhateni conducted business through fake VAT bills. Bhatbhateni now has to pay the amount to the government after the SC upheld its previous verdict that the supermarket had evaded tax.

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The Department of Inland Revenue’s Large Taxpayer Unit should be in operation by next month, and companies will know if they are a part of this special tax grouping by special invite, Acting Comptroller in the Department of Inland Revenue Shunda Strachan said on Friday. Strachan said companies do not have to worry about whether or

​​​​​​​The Inland Revenue Department (IRD) has issued a working procedure in regard with the payment of an additional charge on foreign tour packages. This measure aims to implement the provision requiring Nepali citizens going on foreign trips to pay a five per cent tax on their tour package expenses.

Tax Notes: How to file an AITR for CY 2022