Customs officers at the Birgunj border inspecting newly imported electric vehicles under the revised valuation tax framework.

Nepal Overhauls EV Tax Code: Shifting from Motor Power to Import Price

Under the revised national fiscal framework, the total value of the vehicle determines its applicable tax bracket. Specifically, the state calculates duties based on the declared Cost, Insurance, and Freight (CIF) value at the border. This policy shift entirely decouples EV taxation from peak motor performance. Table of Contents The Elimination of Excise Duties To…

Read More