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Exim code renewal can now be done online

22nd July 2020
"ExIm code renewal through online medium"

The customs department has implemented an automatic export-import code number system. At the same time, traders can renew the ExIm Code (Export-Import Signal Number) online.

While renewing the export-import code number through this system, which has been brought into operation by the department from Tuesday, a certificate of tax payment and a bank guarantee of Rs Three Lakhs.

While renewing in this way, the renewal fees should also be paid. In the system used till now, one has to be physically present at the customs department or customs office to submit the renewal fee, bank guarantee, and tax payment certificate.

Suman Dahal, director-general of the department, said that the department has made it possible to do all the work from home through a digital medium. It is mentioned that the login user ID and password will be provided to the service recipient to apply for it.

Customers will be able to fill in their details online for renewal by clicking on the Export-Import Portal at the Customs Department's website. The required fee for this can be paid through Connect IPS.

According to the department, the bank guarantee can also be submitted online by the service recipient. It is expected to save time for the service recipients as well as bring transparency in the service and speed up the work.

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Compiled by : Debashish S Neupane Debashish S Neupane

Embossed Number plate registration procedure | Reviews Nepal

6th July 2020
"It has become possible to apply online for embossed number plates on all types of vehicles in Bagmati Pradesh."

It has become possible to apply online for embossed number plates on all types of vehicles in Bagmati Pradesh. In the first phase, the Department of Transport Management will start distributing embossed number plates on all types of vehicles in Bagmati Pradesh from July 16.

 

Motorcycle and scooter owners can apply for embossed number plates from home. Click on the 'Embossed Number Plate' button on the department's website dotm.gov.np and fill in the required details. After filling the details, the details you have filled can be printed.

Customers who apply online in this way must have paid the revenue of their vehicle. As this service will initially be available only in the Bagmati Zone, it will have to be submitted to the Gurjudhara Transport Management Office (Motorcycle) and the revenue filing will be submitted to Global IME Bank. The number plate of motorcycles and scooters will cost Rs 2,500. The number plate for three-wheelers shall cost Rs 2,900, Four-wheeler's number plate will cost Rs 3,200 and heavy vehicles' number plate shall cost Rs 3,600.

Thus revenue filing, tax paid documents and all the documents mentioned in the online system should be submitted to the Transportation Management Office Gurjudhara for verification. Thus revenue filing, tax paid documents and all the documents mentioned in the online system should be submitted to the Transportation Management Office Gurjudhara for verification.

The Department of Transport Management has stated that the printing of embossed number plates will start after verification from the concerned office. After that, the customer will get the information whether his number plate is ready or not through SMS.

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NADA requests extension of ExIm Code renewal till mid-August

15th July 2020
"NADA requests extension of Exim Code renewal till mid-August"

NADA has requested to extend the deadline for renewal of excise code till mid-October. Krishna Prasad Dulal, president of the NADA Association, executive member of the Federation of Nepalese Chambers of Commerce and Industry and vice-chairman of the revenue committee, met Director General of the Customs Department Suman Dahal and requested him to extend the deadline for renewal of the excise code till mid-October.

According to NADA, 30,000 commercial companies are registered in the ExIm Code in Nepal. There is a situation where the bandh is maintained, vehicles are operating on the road in odd-even basis and the Supreme Court has declared zero hours. There are only 1,500 renewing companies. In this regard, NADA has requested to extend the renewal period as the companies are not able to renew within the stipulated time. If the renewal period is extended, NADA expects that it will be very comfortable for the entrepreneurs in such a complicated and difficult situation. The deadline for renewing the excise code is only till mid-August.

Dulal, executive member of Federation of Nepalese Chambers of Commerce and Industry and Vice President of Employers' Committee Bharatraj Acharya, NADA Association Secretary Surendra Pradhan and Federation of Nepalese Chambers of Commerce and Industry official Lokraj Joshi were also present at the discussion.

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Compiled by : Debashish S Neupane Debashish S Neupane