What are the VAT Rules in Nepal 2078

Nepal follows a Value Added Tax (VAT) system under the VAT Act, 2052 (1993) and VAT Rules, 2054 (1997).

The standard VAT rate in Nepal is 13%, which applies to most goods and services. However, some goods and services are exempt from VAT, while others are subject to a reduced rate of 5% or 1%.

Some of the exempted goods and services include agricultural products, certain medical and healthcare services, education and training services, and certain financial services.

It is important to note that tax laws and regulations can change over time. Thus, for up-to-date information on VAT rules and regulations in Nepal, it is advisable to consult with a tax professional or the relevant government agency.