NADA demands to formulate various policies by maintaining the current tariff rate on Electric Vehicles
- calendar_month
- personNabin Pradhan
- schedule3 min read
Share:
As the budget preparation for the upcoming fiscal year has already reached its final stage, various discussions and planning by the government have started. In this context, there is speculation as to what policy the government will bring in electric vehicles.
In the present scenario, as most of the auto enthusiasts are saying that electric vehicles should be promoted more in Nepal, NADA, an association of automobile dealers in Nepal has urged the government to maintain the current customs rate on the import of electric vehicles and make possible policy arrangements in other aspects as well.
Also Read: Nissan’s Electric Car Leaf coming soon in Nepal | Expected Price and Features
So far, 30% of customs duty has been levied on means of transportation such as electrical goods carriers. NADA has demanded that the rate of 10 percent customs duty on other electric vehicles and means of transportation should be maintained. Similarly, the customs duty rate of 1% should be maintained on the import of charging machines and batteries used in electric vehicles. NADA also demands that only 1% of customs duty should be levied on the import of buses with a capacity of more than 40 seats.
NADA has demanded that a national policy should be formulated regarding electrical charging stations in Nepal. There is a demand for a uniform policy on the import of any electric vehicle in the country.
