These are the goods & services that are not subject to value added tax
The purchase and sale of these goods and services are exempt from VAT.
KATHMANDU: Schedule 1 of Nepal’s Value Added Tax Act, 2052, exempts goods and services from value-added tax.
The purchase and sale of these goods and services are exempt from VAT.
The following items and services are exempt from VAT:
- Basic agricultural products like paddy, maize, wheat, millet etc.
- Basic necessities like salt, kerosene, firewood etc.
- Animals and their products, such as cows, buffaloes, sheep, goats, etc.
- Agricultural materials like Khukuri, Hoe, Shovel, Pickaxe, Axe, etc.
- Medical treatment and similar health services
- Education
- Books, newspapers and printed materials
- Artistic and Kaligadhi service
- Passenger vehicles
- House, land, building.
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