TABLE OF CONTENTS
Chapter INTRODUCTORY;
1.1 Introduction;
1.2 Sales Tax as the Predecessor of the VAT System;
1.3 Commodity Tax: Nepalese Prospective;
1.4 Need for Change and Introduction of VAT;
1.5 Preparation for VAT;
1.6 Conceptual Framework;
1.7 Methodology;
1.8 Chapterisation;
Chapter II POLICY ISSUES;
2.1 Introduction;
2.2 General Criteria for Choice;
2.3 Types of VAT;
2.4 VAT Rate;
2.5 Exemption and Zero Rating;
2.6 Coverage of VAT;
2.7 VAT and International Trade;
2.8 Co-ordination with Other Taxes
And Integration of Excise Duty;
Chapter III ADMINISTRATIVE ISSUES;
3.1 Background;
3.2 Identification of Problems: Nepalese Tax System;
3.3 General Criteria for an Effective Administration;
3.4 VAT Administration: Focussed Areas;
3.5 Strategy for Reforms;
Chapter IV ISSUES INVOLVED IN THE OPERATION OF VAT;
4.1 Background;
4.2 Registration of Taxpayers;
4.3 Invoice Control;
4.4 Tax Credit and Tax Refund;
4.5 Cross-Verification of Invoices;
4.6 Audit and Inspection;
4.7 Enforcement and Penalties;
Chapter V SUMMERY OF THE FINDINGS AND CONCLOSION;
BIBLIOGRAPHY.