Money

VAT refund cut will boost grey market, say traders

Mobile phone importers said that the cut in VAT refunds announced through the new budget would push up prices and encourage consumers to buy cheaper sets from the grey market.VAT refund cut will boost grey market, say traders
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Prahlad Rijal
Published at : June 8, 2016
Kathmandu

Prahlad Rijal

Prahlad Rijal is a business reporter at The Kathmandu Post, focusing on the energy sector. Before joining the Post, Rijal was an online reporter at The Himalayan Times.


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