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NADA Urges The Government To Extend The Deadline For Providing Tax Returns & Tax Amounts

19th May 2021
"According to a statement released today, the Nepal Automobile Dealers Association (NADA) strongly opposes the decision of the government to require taxpayers to pay their tax obligations by Baisakh 25, 2078 B.S."

According to a statement released today, the Nepal Automobile Dealers Association (NADA) strongly opposes the decision of the government to require taxpayers to pay their tax obligations by Baisakh 25, 2078 B.S. (May 8, 2021).

The Inland Revenue Department, which issued a public notice requesting entrepreneurs and businessmen to file their tax returns and tax payments as soon as possible, has received strong opposition from the business community, including the automobile industry.

Because the government has imposed a curfew in the capital for the general public's safety in light of the growing number of new variants, entrepreneurs are unable to submit tax and other duties to the Inland Revenue Department.

A similar request has originated from the Nepal Automobile Dealers Association for dealers to supply oxygen cylinders to the oxygen manufacturing industries on their premises.

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Compiled by : Rahul Shrestha Rahul Shrestha

TATA Harrier: Setting NADA Auto Expo on Fire

17th May 2021
"The main attraction for Tata Harrier is the high-mounted grille and the strips of LED lighting positioned at the base of the bonnet. The DRLs comes in all variants but the LED bulbs are only available in the top-end model."

Tata is planning to launch Harrier in the NADA Auto Expo 2019. Tata Harrier has been one of the most loved SUV in India and with the same expectations, they are launching it here. The Harrier SUV is an ultimate SUV as they have already expert in this segment with Sierra and Safari.

The main attraction for Tata Harrier is the high-mounted grille and the strips of LED lighting positioned at the base of the bonnet. The DRLs comes in all variants but the LED bulbs are only available in the top-end model.

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One of the big highlights is the prominent, three-dimesional ‘humanity line’ front grille which shows us the company’s newest approach to vehicle design- the ‘Impact 2.0’.

 

 

The Harrier is powered by a 2 liter, 4 cylinder diesel engine. There's no petroleum on offer. The engine comes from Fiat's four-chamber Multijet II diesel unit that powers the Jeep Compass. This one produces 138 bhp and that is sufficient to drive a vehicle which tips the scales at near 1700 kilos. The 350 nm of torque kicks into this turbocharged unit at pretty much 1800 rpm and the low-end torque gives a direct power conveyance. It has a solid mid-range as well. There's just a 6 speed manual on offer and there's no programmed until further notice. The gear shifts effortlessly, however, it requires a touch of exertion to space them set up. Development from 2 to third and back is the place you feel a touch of twitch. The grip is decent and light, however, the movement is a considerable amount and not incredible in rush hour gridlock conditions.

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Compiled by : Debashish S Neupane Debashish S Neupane

30+ reasons to participate in NADA Auto Expo

19th May 2021
"There are many new brands entering the Nepalese market with the Auto Show. More and more electric vehicles are showcased this year"

NADA is all set for the Auto Expo. There are many new brands entering the Nepalese market with the Auto Show. More and more electric vehicles are showcased this year. Here are the thirty plus attractions for the 2019 Auto Exhibition:

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Bikes

BMW G 310 GS

The price of black and red model is Rs 9,50,000 and the white model is Rs 9,75,000. If the bike is reserved or booked in NADA, the GS Street fight trainers would train the customers to ride in the offroads. Also, 5 lucky winners would get a chance to ride in the Buddha Racing Track, India.

 

BMW G 310 R

The street version of BMW G 310 GS, if the bike is reserved or booked in NADA, the GS Street fight trainers would train the customers to ride in the off roads. Also, 5 lucky winners would get a chance to ride in the Buddha Racing Track, India.

 

Benelli TRK 251

Priced at 6,30,000 NRS this 249 cc bike will also be an attraction of the NADA Auto Expo 2019.

Benelli Leoncino 251

Priced at 6,30,000 NRS this 249 cc bike will also be an attraction of the NADA Auto Expo 2019.

 

Suzuki Gixxer 250

After the epic success of other models of the gixxer, they are launching this powerpact 249cc powered bike in the NADA Autoshow which will be priced approximately around 4,50,000 NRS.

 

Suzuki Gixxer 150

A new version of Suzuki Gixxer will be launched which will be powered by 155cc engine which produces 14.1 PS power and 14 NM torque. The tank capacity will be of 12 litres.

 

 

Yamaha MT 15

This jetbot like unique motorcycle from Yamaha will be an exciting attraction for the NADA Auto Show. The 155cc powered engine bike is priced at 4,40,000 NRS.

 

GPX Demon 150 GN

The Thai company GPX is debuting its bike in the NADA Auto Show with GPX Demon 150 GN which is a 150cc bike that is priced at 3,96,700 NRS.

 

GPX Legend 200

The Thai company GPX is debuting its bike in the NADA Auto Show with another bike named Legend 200 which is a 200 cc bike priced at 4,66,700 NRS.

 

GPX Gentleman 200

The Thai company GPX is debuting its bike in the NADA Auto Show with another bike named Gentleman 200 which is also a 200cc bike having 12 litre tank capacity priced at 5,86,700 NRS.

 

Runner Hawk (Off road Version)

This 200cc powered bike from Runner is priced at 3,99,000 NRS making it one of the cheapest bike in the dirt bike segment. The exclusive discount of around 20,000 will be done in the Auto Expo.

 

KTM Duke 125

The Austrian Company is ready to launch a 125cc KTM Duke after the success of its other variants. The bike is priced at 4,50,000 NRS with the style of the KTM Duke 200. The top speed of the bike is 120 km/hr.

 

 

Electric Bikes

Super Soco TS

This electric bike from Super Soco would be an attraction in the Auto Expo. Priced at 2,49,000 NRS, this electric bike will run upto the range of 80 km with one full charge.

 

Super Soco TC

This electric bike from Super Soco would be an attraction in the Auto Expo. Priced at 2,74,000 NRS, there are two options for this electric bike, one will run upto the range of 80 km with one full charge and the other will run upto 160 km with one full charge.

 

Genius Bikes

This brand has been launched for the first time in Nepal. There are 4 models of bikes with the prices ranging from 2,78,000 to 3,76,000.

 

Scooters

Yamaha NMax

The 155cc scooter would be one of the most premium scooters from Yamaha which is priced over 4,00,000 NRS. It 6.6 litres of fuel tank capacity.

 

 

Electric Scooters

Genius Scooters

This brand has been launched for the first time in Nepal. They are launching two models of scooters with the price ranging from 1,89,000 to 1,96,000.

 

Cars

KIA Sportage (GT Line)

According to KIA, Sportage would be one of their major attractions in the petrol-diesel segment in this year’s NADA Auto Expo. The price ranges from 69,90,000 to 86,90,000 NRS depending upon the variant.

 

Ford Eco Sport (Thunder Variant)

Since Eco Sport has proved to be one of the most loved mid-sized SUV, Ford is launching the new Eco Sport Thunder in the NADA Auto Expo.

 

Ford Ranger (High End Variant)

With the customers showing love to the various versions of the Ranger, Ford is stepping ahead by launching the high end version of the Ranger in the NADA Auto Expo 2019.

 

Dongfeng Rich Pickup

It is the first time Dongfeng is participating in the NADA Auto Expo and they will make their presence worthwhile with the luxury variant pickup priced at 59,80,000.

 

DFSK Glory 580

DFSK will also showcase their signatory luxury SUV to the NADA Auto Show which is priced at 62,80,000 NRS.

 

Datsun Ready Go

Datsun is going to facelift the apparent cheapest car Ready Go in this Auto Expo. This 799cc car will be priced at 19,99,000 NRS.

 

Datsun New Go

Datsun New Go is also getting featured in the NADA Auto Expo this year with price ranging from 25,99,000 NRS to 27,99,000 NRS depending upon the variant.

 

Hyundai Venue

Hyundai Venue is also getting showcased at the NADA Auto Expo this year as it is one of the most loved SUV abroad. They expect the same love and loyalty from the Nepalese customers.

 

Renault Triber

Renault TRIBER is an attractively designed, sturdy, compact, roomy & modular, versatile vehicle which also achieves the feat of accommodating one to seven adults in comfort in less-than 4 meters.

 

 

Electric Cars

Audi e-tron

Priced at 1.75 crores, Audi e-tron shall be one of the most luxurious electric cars in Nepal. It gives the range of 328 km once it is fully charged.

 

MG ZS EV

Priced at 49,99,000 NRS, this electric car gives the range of 350 km in one full charge. You can pre order or reserve this electric car in the NADA Auto Expo by paying 100,000 NRS.

 

Mahindra KUV 100 EV

This electric vehicle will be showcased in the NADA Auto Expo. The car has 40 KW Power that can be charged within 5 hours 45 minutes and goes to the range of 120 km in one full charge.

 

KIA Niro

This electric SUV priced at 66,90,000 NRS gives the range of 480 km in one full charge.

 

Hyundai Kona

This electric SUV priced at 55,96,000 NRS gives the range of 350 km in one full charge.

 

Tata Tigor EV

Tata is showcasing their electric version of Tigor in this Auto Expo. It provides the range of 130 km in 1 full charge and it takes only 3 hours to charge completely.

 

BYD M3

This electric car manufactured by the Chinese manufacturer is priced approximately at 45 lakhs. It gives the range of 350 km in one full charge.

Dahe 350 Electric

This model has two variants, one with the lead battery that costs 14,90,000 NRS and the lithium ion battery that costs 18,25,000. With the 80% finance facility to electric vehicles the down payment of 2,97,000 to 3,40,000 would let you make this car yours.

 

 


 

 

 

 

 

 

 

 

 

 

 

 

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Compiled by : Debashish S Neupane Debashish S Neupane

NADA requests extension of ExIm Code renewal till mid-August

18th May 2021
"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