Print Edition - 2014-07-07 | MONEY
Govt names and shames VAT defaulters
- Asks them to clear liabilities within a week
Jul 6, 2014-
The government on Sunday made public the names of 252 companies and details of three generations of their owners who failed to pay outstanding value added tax (VAT), warning them of stern action if they fail to clear their liabilities within a week.
The list published by the Inland Revenue Office (IRO), Kathmandu-1, in Gorkhapatra Daily on Sunday includes the names of renewed business enterprises and their owners.
As the fiscal year nears end, the IRO took the initiative to recover outstanding taxes from taxpayers to meet the revenue target.
The IRO warned in the notice that it would freeze movable and immovable property, including land and buildings of the tax defaulters, and auction them. The IRO has asked the government agencies concerned to bar the VAT defaulters from doing banking transactions and export-import businesses. It has also warned they could not avail various government facilities.
Some of the big enterprises and prominent names in the list include Gita Chhetri of Galaxy Public School, Sharik Ahamad Lari of Hotel Everest, Nir Bikram Shah of Sangrilla Channel, Nabin Kumar Sharma of Name Institute for Medical, and Uddav Poudel of Gopi Krishna Movies.
Jayati Shah of former Royal family, who owned Annapurna International Private Limited, Sakunta Lal Hirachan of United Builders and Birendra Prasad Pradhan of Aayusa Developers are others who failed to pay VAT, according to the IRO.
Other names are Krishna Raj Sharma Siwakoti of AlfaBeta Institute, Shalini Wadwa of Meriod Private Limited, Siddhi Man Basnyat of NB Insurance, Badri Kumar Shrestha of Nobel Hospital and Research Centre, Gita Shrestha of Star Mall Construction Company, Sanjeev Tuladhar of Root Fashion and Ramesh Kumar Silwal of Golden Gate Education Network, Amit Agrawal of Alliance Fooders, deceased Jamim Shah of Space Time Network, Narayan Singh Pun of Karnali Air, Kamalesh Jain of Devyani International, KFC, Bhaskar Raj Rajkarnikar from Avenues Television are others on the list.
The IRO said these people ignored its repeated reminders, while some even didn’t bother when their baking transactions were halted.
Published: 07-07-2014 08:54