PPP model levy on scrap

Kathmandu, July 13:

A meeting of government and Federation of Nepalese Chambers of Commerce and Industry (FNCCI) officials held yesterday in Biratnagar agreed to collect scrap duty as per the proforma of public-private-partnership (PPP) and in coordination with dis-

trict development committees (DDCs) and district/town chambers of commerce and industries.

The meeting agreed to form a joint monitoring committee of district/town chamber of commerce and industries and local administration to evaluate the collection. An FNCCI release

said the meeting also decided not to allow anyone to set up road obstructions for collecting scrap duty on goods not prescribed by the law.

A tripartite agreement was made among the Ministry of Finance (MoF), FNCCI and district development committees (DDCs) on July 7 for collecting scrap duty in coordination with DDCs and district/town chamber of commerce and industries from the fiscal year 2065-66.