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Nepal imports vehicles worth over Rs 8 billion, mainly from India

ANI  |  Birgunj [Nepal] 

Vehicles worth Rs 8.28 billion were imported to from and other third countries till the first two and a half months of the current fiscal year.

Out of total revenue collected from the Birgunj Customs Office, 40 per cent revenue was collected from the vehicles, said.

A total of 51,680 vehicles were imported till October 1 in the current fiscal year, the officials said.

Motorcycles, auto rickshaw, ambulances, tractors, jeeps, cars, vans, electric vehicles, buses, mini-buses and micro-buses were imported. Of them, 90 per cent of the vehicles were imported from while 10 per cent others were from the third countries.

Yadav said that increment in revenue is the result of vehicles' price hike, widened ambit of tax and more number of vehicles' import. Vehicles worth Rs 6.86 billion were imported during the same period of the previous fiscal year from Birgunj Customs Point.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 11 2018. 19:05 IST