What we help with
- PAN and VAT registration
- Monthly VAT and TDS returns
- Estimated tax (advance tax) instalments
- Annual D3 income tax return and tax clearance
- Tax notices, assessments, administrative review and appeals
- Excise and customs duty advice
- Tax on share transfers and cross-border transactions
Key deadlines
| Obligation | Due date |
|---|---|
| VAT return and payment (monthly filers) | By the 25th of the following Nepali month |
| TDS deposit and return | Within 25 days after the end of the month |
| Estimated tax instalments | 40% by Poush end, 70% by Chaitra end, 100% by Asar end |
| Annual income tax return | Within 3 months of Asar end, extendable by up to 3 months |
What late filing costs
| What went wrong | Charge |
|---|---|
| Income tax return filed late | Higher of 0.1% a year of assessable income or Rs. 100 a month (s.117) |
| Estimated tax return not filed | Higher of Rs. 5,000 or 0.1% of assessable income (s.117) |
| Tax paid late | 15% a year interest on the unpaid tax (s.119) |
| VAT return filed late | Rs. 1,000 per return, plus 15% interest on unpaid VAT |
Tax penalty relief until Poush end 2083File every income tax return up to FY 2082/83 by Poush end 2083 and pay only the base tax plus 1%; the fees and interest are waived. The same applies to VAT and excise.
Frequently asked questions
Do I file VAT returns if I had no sales?
Yes. A VAT-registered business must file every month, even with no sales. A missed return is fined Rs. 1,000.
Can you get my tax clearance certificate?
Yes. Once the D3 return is filed and any tax paid, we obtain the tax clearance for you.
I received a tax notice. What should I do?
Don't ignore it; it carries a deadline. Send it to us with your records and we'll prepare the response and, if needed, the review or appeal.