The global pandemic, COVID 19 is spreading rapidly all around the world. Nepal is also at high risk and with new confirmed cases of infection; the Government of Nepal has already extended the lockdown. Government has introduced the following relief:
- No custom duty shall be levied for any government, private and community sector importing medical equipment.
Regarding the imposition of no custom duty for businesses on imports of medical equipment, taxpayers are at great advantage since a huge saving out of this tax exemption can be made. Further, one can increase their investments as well. This is a commendable relief as it contributes to the state and people while providing some relief alongside benefits to taxpayers.