In Nepal, VAT is based on the destination principle. It is levied on the goods and services where the place of supply is in Nepal and importation of goods and services into Nepal. VAT was implemented in 1998 by the Inland Revenue Department of Nepal.

Singapore based FACT Software has been NEPAL VAT compliant since 2004 and is trusted by both by large and SME companies across industries in Nepal for over last 12 years.

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