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Federation of Nepalese Chambers of Commerce and Industry Urges Parliamentary Committee to Scrap 13% VAT on Air Tickets

  • FNCCI suggests to parliamentary committee to remove 13 percent VAT on air tickets
  • FNCCI raised real issues for the development of tourism in a discussion with the Committee
  • FNCCI’s Tourism and Air Transport Committee submitted 7-point suggestions for tourism development
  • Suggestions include forming a task force for sustainable tourism, increasing cash limit for Indian tourists, removing luxury tax on star hotels, and amending royalty provisions in the Foreign Investment and Technology Transfer Act
  • Committee chairman expressed commitment to resolving the issues raised by FNCCI
  • FNCCI president emphasized the need for government to address challenges in the tourism industry
  • FNCCI’s Tourism and Air Transport Committee chairman called for removal of 13 percent VAT on air tickets and luxury tax on hotels

Source: myrepublica.nagariknetwork.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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