Kathmandu, March 11
Bottlers Nepal Limited, the country’s only Coca-Cola franchise holder, has been indicted for a reported tax evasion case.
The Department of Revenue Investigation has filed a case claiming the company evaded Rs 7.43 billion in taxes.
The department’s chief Prakash Paudel says the case lodged at the Patan High Court demands the company pay the remaining taxes, plus the same amount in fines.
Bottlers Nepal has been accused of evading capital gains taxes in relation to the sale of more than half shares of the company. The department had launched an investigation into the case some months ago.
