Auditor General Flags Vishal Group in EV Customs Duty Evasion Case
The 63rd Annual Report from the Office of the Auditor General has implicated VG Motors, the automotive division of Nepal's Vishal Group, in alleged customs duty evasion concerning imported electric vehicles. The report claims the company underreported the motor capacity of imported EVs to benefit from lower tax rates, potentially defrauding the government of Rs 980.5 million in unpaid taxes.
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3 days ago