Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years
Electric Vehicles India
MAY 31, 2021
Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power. Exemption of excise duties on electric vehicles imports. . per cent for the next fiscal year.
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