NEPAL-IRD

Nepal IRD VAT 13% + e-Filing 2014+.

Definition

Nepal IRD: VAT Act 2052 (1996), VAT 13% standard unique rate framework, registration threshold NPR 5M annual turnover obligation. IRD e-Service Portal: VAT Return monthly (VAT-201 large enterprises monthly, mid-size quarterly), Income Tax Return D-01 D-02 D-03 by category, PAYE e-Filing, Excise Duty Return, Customs Declaration. Phased mandate: Phase 1 (2014) large VAT-Registered enterprises, Phase 2 (2017) mid-size, Phase 3 (2020+) all VAT-registered. Current format: Excel VAT-201 template upload to IRD portal, more recent ERP XML integration 2024 small adoption. ~150000 Nepal VAT-registered enterprises.

Origin

Nepal IRD VAT Act 2052 (1996) ; e-Service Portal launched 2010 ; e-Filing phased 2014+ ; ~150000 enterprises 2024.

Example in context

Nepal Telecom (national telecom operator) files monthly VAT 13% via VAT-201 e-Filing portal IRD: Excel template upload, local Oracle ERP integration, customer base ~16M mobile subscribers.

Related terms

• Sri Lanka IRD — South Asia neighbour.