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BYD’s Nepali distributor Cimex Inc faces allegations of Tax Evasion in electric car imports

KATHMANDU: In a startling turn of events, Cimex Inc. Pvt. Ltd., the official Nepali distributor of Chinese automaker BYD Auto, is now under investigation for alleged tax evasion in Nepal. The Department of Customs (DoC) has notified Cimex Inc. that it has reportedly evaded over 11.5 million rupees in...

BYD’s Nepali distributor Cimex Inc faces allegations of Tax Evasion in electric car imports
NADA Nepal chooses Karan Chaudhary as president for two-year term

NADA Nepal chooses Karan Chaudhary as president for two-year term

Confusion reigns as Nepal struggles to set fares for electric-powered public transport

Confusion reigns as Nepal struggles to set fares for electric-powered public transport

Transport entrepreneurs suggest ways to improve public transport

Transport entrepreneurs suggest ways to improve public transport

How Citroen is impacting the EV culture in Nepal

How Citroen is impacting the EV culture in Nepal

Gandaki provincial govt makes it mandatory to install embossed number plate in vehicles

Gandaki provincial govt makes it mandatory to install embossed number plate in vehicles

Tesla nearing deal with India for car exports and $2 billion plant

Tesla nearing deal with India for car exports and $2 billion plant

Global IME Bank introduces fixed-rate loans for fuel and electric vehicles

Global IME Bank introduces fixed-rate loans for fuel and electric vehicles

IME Motors now official distributor for switch EVs and Ashok Leyland generators in Nepal

IME Motors now official distributor for switch EVs and Ashok Leyland generators in Nepal

Nepal Rastra Bank reviews risk burden of hire purchase loans

Nepal Rastra Bank reviews risk burden of hire purchase loans

Bagmati Province is now offering a 90pc tax discount on vehicles older than 20 years

Bagmati Province is now offering a 90pc tax discount on vehicles older than 20 years

Government ramps up preparation to distribute driving licenses

Government ramps up preparation to distribute driving licenses

Yatri officially gets a number plate one year after selling its first bike

Yatri officially gets a number plate one year after selling its first bike

PM instructs officials to establish legal procedures for registering vehicles made in Nepal

PM instructs officials to establish legal procedures for registering vehicles made in Nepal

DoTM contracts German company to supply 1.2 million units of smart license cards

DoTM contracts German company to supply 1.2 million units of smart license cards

MoPIT forms a panel to bring reforms in public transport

MoPIT forms a panel to bring reforms in public transport

Import of EVs crosses 1,000 units during mid-July to mid-November

Import of EVs crosses 1,000 units during mid-July to mid-November

Non-essential vehicles barred from operating on November 20 polls day

Non-essential vehicles barred from operating on November 20 polls day

Import ban results in closure of 58 vehicles dealers across country

Import ban results in closure of 58 vehicles dealers across country

Electric bus operation in Lumbini from today

Electric bus operation in Lumbini from today

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