header banner
ECONOMY

IRD scraps excise duty permits of Cristal Bottlers and Mount Everest Distillery on charge of using fake stickers

KATHMANDU, Dec 1: The government has scrapped the excise duty permits of two distilleries on the charge of revenue leakage by using fake stickers of excise duty.
By Republica

KATHMANDU, Dec 1: The government has scrapped the excise duty permits of two distilleries on the charge of revenue leakage by using fake stickers of excise duty. 



According to the Inland Revenue Department, it has barred Cristal Bottlers Pvt Ltd and Mount Everest Distillery Pvt Ltd from selling their products with effect from November 26. The Department of Revenue Investigation (DRI) has also filed cases against these companies, seeking to recover Rs 55.60 million.


Related story

Smuggling flourishing in Bhairahawa


These distilleries were found importing counterfeit stickers from India to evade government taxes. Their misconduct surfaced after the Armed Police Force some three months ago arrested the porters of fake stickers from the Nepal-India border.   


Both these manufacturers have their production plants in Siddharthanagar Municipality of Rupandehi district. 


 

See more on: fake_stickers
Related Stories
ECONOMY

352 climbers obtain permits to ascend Mount Everes...

ECONOMY

Govt mulls raising royalty for climbing Mt Everest

ECONOMY

463 mountaineers receive permits to climb Mt Evere...

ECONOMY

FinMin directs officials at security printing faci...

ECONOMY

IRD introducing decade-old flow meters system for...

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights