CHAs� payment to be channelised through banking system Kathmandu, July 5 The government is mulling over channelising the payment to Customs House Agents (CHAs) at Kolkata port through the banking system to ensure transparency and reliability. CHAs work for customs clearance at the port, which is also... 06 Jul, 2018
1,800 containers pile up at Vizag Kathmandu, July 4 Gross negligence of traders (importers) and government has adversely affected the effective utilisation of Visakhapatnam Port, also known as Vizag Port, which is an alternative gateway for third country trade after Kolkata/Haldia... 05 Jul, 2018
CONCOR increases rail movement to Nepal Kathmandu, November 11 As the country’s import from overseas crippled due to lack of adequate rail movement causing a pileup of thousands of Nepal-bound containers at the Kolkata port, the Container Corporation (CONCOR) of India has increased the... 12 Nov, 2017
India removes GST on services supplied to Nepal against payment in Indian currency Kathmandu, October 28 Nepali traders have been exempted from paying the goods and services tax (GST) while purchasing services in India if the payment is made in the Indian currency to the Indian service providers. Issuing a Gazette notification... 29 Oct, 2017
Nepal-bound cargo stuck at Kolkata port Kathmandu, October 24 Nepali traders are helplessly watching the detention charges slapped by shipping liners surge with each passing day, while their cargo containers remain stranded at the Kolkata port due to lack of rakes. Due to the... 25 Oct, 2017
Nepal requests GST exemption in services procured by Nepali traders Kathmandu, August 12 The government has urged the Goods and Services Tax (GST) Council of India to exempt the GST levied on the services that are procured by the Nepali traders. Though the GST rules have defined ‘export of services’, when the... 13 Aug, 2017
�I think the GST will boost authorised trade from India to Nepal� The country is cautiously watching the recent change in the Indian tax regime as two-third of the country’s trade takes place with the southern neighbour, which also provides transit facility for third-country trade. Though the goods and services tax... 10 Jul, 2017
EDITORIAL: Clear the decks Disruption in the flow of cargo containers through Kolkata port is therefore a matter of high sensitivity for Nepal Over 1,800 Nepal-bound cargo containers are reported to be stuck at Kolkata port after the Kolkata Police prevented them from being... 07 Nov, 2016
Nepal-bound containers stuck at Kolkata port Kathmandu, November 5 Over 1,800 Nepal-bound cargo containers are stuck at Kolkata port as the Kolkata Police has barred the cargoes from being dispatched from the port during the day time citing traffic problems in the Khidirpur dock — a... 06 Nov, 2016
Trade through Vizag Port could be more feasible Kathmandu, August 5 As the country is preparing to utilise Visakhapatnam (Vizag) Port as another gate way for third country trade, traders stand to benefit from efficient services of the port and low ocean freight cost from the origin sea port... 06 Aug, 2016
Govt provides relief to traders hit hard by border blockade Kathmandu, May 30 Traders will be able to deduct the cost of detention and demurrage accrued during border blockade for income tax calculation purpose. The Financial Bill 2016-17, which was tabled in the Parliament on Saturday, has allowed... 31 May, 2016
NTMs hamper intra-regional trade Kathmandu, March 30 A raft of non-tariff measures (NTMs) imposed by South Asian countries has been hindering the expansion of intra-regional trade in South Asia. The intra-regional trade of South Asia stands at just five per cent of the overall... 31 Mar, 2016
