Govt planning to increase import tax in bananas

Published On: November 19, 2018 08:37 PM NPT By: Republica | @RepublicaNepal

KATHMANDU, Nov 19: Minister for Agriculture and Livestock Development Chakra Pani Khanal has shared that the government was working to increase import taxes in bananas aimed at lessening its import from India.

He also added that the rate and ratio of increasing the tax was under discussions with the Minister for Finance.

Minister Khanal further said that they were planning to impose import tax in bananas like ghee products.

The government is collecting five per cent tax in importing bananas but the banana farmers were demanding up to 30 per cent.

The farmers and entrepreneurs have claimed that they will fail to continue the banana farming if the import tax was not increased.

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