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Nepal resumes import of onions from India after 2-week halt.
Jun 23, 2023
Traders in Nepal have resumed importing onions from India, more than two weeks after they stopped buying from the neighbouring country following the Nepal government's move to impose a hefty 13 per cent Value-Added Tax (VAT) on vegetables last month.
Vegetable vendors started bringing onions to the Kalimati Fruits and Vegetable Market, Kathmandu's main vegetable trading centre, on Monday, with the largest consignments of onions being poured in on Tuesday and Wednesday.
'Onions have started arriving in the Kalimati Fruits and Vegetable Market,' said Arjun Prasad Aryal, Deputy Executive Director of the market's Development Committee.
'In total, 145 metric tonnes of onions arrived in Kathmandu's major vegetable wholesale market on Tuesday and Wednesday,' Aryal said, adding that there is a smooth supply of the vegetable in the market as traders have started bringing onions by paying VAT.
moneycontrol.com
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