Nepali herbs traders are facing more difficulties with the imposition of the Goods and Service Tax (GST) by India. Before this, they had been facing various problems with the levying of 'transit permit' on the export of herbs by the Uttar Pradesh government of India.
JHAPA, Oct 17: After India implemented Goods and Service Tax (GST) from the first of July this year, illegal trade across the border was expected to be controlled and formal import-export was believed to become easier. But to the contrary, bilateral business between Nepal and India is facing more difficulties.
KATHMANDU, Oct 8: Transportation cost on Nepal's third country imports and exports via India has come down by at least Rs 15,000 per container after India waive Goods and Services Tax (GST) on all transit services provided to Nepal.
JHAPA, August 29: Revenue collection at Kakarvitta custom point in the eastern Nepal border has dropped as traders have tried to evade tax after the Goods and Services Tax (GST) came into effect in India.
NEW DELHI, July 27: India’s nationwide Goods and Services Tax (GST) was meant to unify the $2 trillion economy and make it easier for companies to transact across state borders. Nearly a month on, many are finding that doing business is more complicated than ever.