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Varun Beverages charged with faking VAT bills
December 20, 2019 07:19 am
KATHMANDU, Dec 20: The Department of Revenue Investigation (DRI) on Thursday filed a case against Varun Beverages Nepal Pvt Ltd on the charge of evading tax of Rs 649.60 million through the use of fake VAT (value added tax ) invoices. This is probably the first time that a multinational company has been charged with evading tax with fake VAT bills.
SC declines stay order in Sumargi's case
September 16, 2019 07:00 am
KATHMANDU, Sept 16: The Supreme Court on Sunday declined to issue a stay order sought by businessman Ajaya Raj Sumargi in a case in which he has been charged of evading billions of rupees in income tax.
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