Tax rate of car in Nepal for fiscal Year 2080/2081

Tax rate of car in Nepal for fiscal Year 2080/2081

2024-07-11 Tax rate of car in Nepal for fiscal Year 2080/2081

Driving a car on the Nepal road has become popular to show people lifestyle. To make it legal, a certain amount should be paid to the government annually, commonly known as tax.

Understanding the rate

The tax that one must pay on a car is categorized by fuel type. The current rates (as of Fiscal Year 2080–81) are broken down as follows:

Engine Capacity (cc)

Engine Capacity 

Rate

Up to 1000cc

NPR.22,000

1001cc - 1500cc

NPR.25,000

1501cc - 2000cc

NPR.27,000

2001cc - 2500cc

NPR.37,000

2501cc - 3000cc

NPR.50,000

3001cc - 3500cc

NPR.60,000

3501ccand above

NPR.65,000


Engine Capacity(KW)


Engine Capacity

Rate

10KW-50KW

NPR.5000

51KW-125KW

NPR.15,000

126KW-200KW

NPR.20,000

200KW Above

NPR.30000



Renewal Charges:

The renewal charge varies from the engine capacity of the vehicle. Vehicles with an engine capacity up to 1300 cc have a renewal fee of Rs 5,500 and Vehicles with an engine capacity ranging from 1301 to 2000 cc have a fee of Rs 6,000.



Beware the Penalties!


Delay Period

Fine

UP TO 1 MONTH

5% OF TAX AMOUNT

1-2.5 MONTHS

10% OF TAX AMOUNT

UP TO 1 YEAR

20% OF TAX AMOUNT

OVER 1 YEAR

32% OF TAX AMOUNT


The Renewal Process

The following things are required for a smooth renewal:

  • Gather Documents: Get the valid insurance documents and the blue book (registration document) for your two-wheeler prepared.

  • Visit the Office: Head to your local Department of Transport Management (DoTM) office.

  • Make the Payment: At the right counter, pay the renewal charge and calculate tax. They may take payments online or in cash.

  • Renewal Complete: The Department Of Traffic Management(DOTM) will renew your blue book with the most recent tax validity after the payment has been validated.



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