Posted by: mancini May 5, 2013
Login in to Rate this Post:
0 
? 
?
From Nepalitimes.com
At 238 per cent, Nepal has one of the highest tax rates on automobiles. If this high tax rate intends to discourage automobile import, then it hasn't worked very well. Car sales dipped a bit with the banking crisis, but there is still demand. Car dealers argue that in absence of an effective public transport system, private vehicles are no longer a luxury and the high tax rate cannot be justified if it gives no additional returns.
I think it's time for the government of Nepal to stop taxing exhoborant import tax. Vehicles are no longer a luxury, they are a necessity.
In US we go to work 20-25 miles far away because we have cars. It is impossible to go 20-25 miles to work everyday on a bus in Nepal. In Nepal, the maximum distance people might be willing to go to work is 5-6 kms which still seems very far. In Kathmandu, it is possible to travel up to 10 kms which still takes a very long time.
Its time Nepalese people submit memo to government of Nepal to bring down the vehicle import tax rate. 238 percent tax rate is unimaginable, i don't think it should be greater than 30%.
At 238 per cent, Nepal has one of the highest tax rates on automobiles. If this high tax rate intends to discourage automobile import, then it hasn't worked very well. Car sales dipped a bit with the banking crisis, but there is still demand. Car dealers argue that in absence of an effective public transport system, private vehicles are no longer a luxury and the high tax rate cannot be justified if it gives no additional returns.
I think it's time for the government of Nepal to stop taxing exhoborant import tax. Vehicles are no longer a luxury, they are a necessity.
In US we go to work 20-25 miles far away because we have cars. It is impossible to go 20-25 miles to work everyday on a bus in Nepal. In Nepal, the maximum distance people might be willing to go to work is 5-6 kms which still seems very far. In Kathmandu, it is possible to travel up to 10 kms which still takes a very long time.
Its time Nepalese people submit memo to government of Nepal to bring down the vehicle import tax rate. 238 percent tax rate is unimaginable, i don't think it should be greater than 30%.