Kathmandu, April 22
One of Nepal’s major mobile phone operators NCell has moved the Supreme Court against the Department of Inland Revenue demanding that authorities revise the amount the company owes to the government as capital gains tax.
The move comes days after the revenue department sent a notice to NCell saying that it needs to pay Rs 62.36 billion as capital gainst tax. The department said that the amount payble after deducting a previous payment was Rs 39.68 billion, and the bill had to be cleared within seven days. The deadline set by the department expires on Tuesday.
In its lawsuit, NCell says that the tax officer concerned exceeded his jurisdiction to issue the order. It says that it only owes the government Rs 14.36 billion. According to the company, it has demanded that the court order the government to not obstruct its business until the case is settled.
Published on April 22nd, Monday, 2019 2:34 PM