DRI seeks to recover Rs 244.12 million from five traders accused of evading taxes

Published On: December 6, 2021 06:23 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, Dec 6: The Department of Revenue Investigation (DRI) on Monday filed cases against five traders accused of revenue leakage by using counterfeit invoices of the Value Added Tax (VAT).

According to the DRI, it filed cases against five traders including Sonalal Prasad Yadav, proprietor of Yadav Business Trade Link, at the High Court of Patan, Lalitpur. Jay Kishor Sah, Parmeshwor Sah, Mukesh Kumar Jha and Sanu Kumar Shrestha are among those accused of evading taxes.

The DRI has sought to recover Rs 244.12 million from these traders along with a three-year jail term. The tax investigation authority has accused these traders of evading Rs 43.11 million in VAT and Rs 78.94 million in income tax.


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