Insignificant revenue, pressure made government roll back duty on books
kathmandupost.com · Thu Nov 26 13:00:25 UTC 2020
While importers welcome the move, authorities are now worried about capital flight with overvaluation of imported books.
The government’s failure to collect significant revenue along with pressure from importers and academic institutions appears to have prompted the government to roll back the 10 percent customs duty it had imposed on books.
Read full story at source (kathmandupost.com)