Public Accounts Committee Meeting Focuses on Transparency in Customs Procedures

The meeting reviewed operational updates. The Public Accounts Committee convened to discuss the customs clearance and tax rate review for electric vehicles. MP Ganesh Singh Thagunna demanded a parliamentary investigation into the tax exemptions provided to electric vehicles. During the meeting, members emphasized controlling customs fraud, establishing a transparent tax system, and improving customs infrastructure. Kathmandu, 28 Jestha. The committee’s meeting today primarily addressed the transparency of customs clearance processes, policy stability, and customs management improvements related to electric vehicles (EVs). Committee members stressed the need to review issues ranging from customs clearance and tax rates to customs valuation processes for these EVs. They also offered various suggestions for enhancing customs management and reforms.

MP Aren Rai urged that clear information regarding tax regulations applied to electric vehicles be communicated to the public. MP Buddha Ratna Maharjan expressed concerns that imposing only tax burdens on citizens would not lead to national prosperity. Similarly, MP Mahendra Bahadur Shahi emphasized the importance of transparency in business and called for attention to customs infrastructure improvements. MP Yagya Bahadur Bogati highlighted the necessity of equipping the customs office with adequate facilities, while fellow member Ganesh Singh Thagunna reiterated that a parliamentary inquiry is essential regarding the tax exemptions granted to electric vehicles.

MP Rukesh Ranjit advocated for business-friendly tax policies. MP Bikram Thapa stressed the importance of effective budget implementation. MP Govinda Panthi noted the need for regular monitoring and a robust framework to control customs fraud. MP Manish Jha underscored the importance of systematic inspection, tax assessment, and revenue collection for imported and exported goods. Rastriya Samachar Samiti