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Threshold for Compulsory VAT Registration for Transport or Courier Business

Inland Revenue Department (IRD) has introduced VAT registration of transport and courier business in Nepal from fiscal year 2080/81.

Do you know the threshold for compulsory registration in VAT?

Inspite of being service nature business, transport and courier business should be compulsory registered in VAT only if it crosses the turnover of fifty lakhs rupees i last twelve months.

 


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