NADA Auto Show 2013 begins; FM says custom duty in vehicle will go down gradually
The premier and exclusive event on automobile, vehicle spare parts and accessories, “NADA Auto Show 2013” kicked off at Bhrikuti Mandap Exhibition Hall, Kathmandu on Wednesday.
With a slogan ‘Day out for the family’, intending to offer a comfortable and fun filled day out experience for a family, group and individual visitors, Nepal Automobile Dealers' Association (NADA) has organised the exhibition featuring around 100 stalls and blocks of 2-wheelers, 4-wheelers and commercial vehicles of TATA, Honda, Hyundai, Hero, Yamaha, among other brand.
Inaugurating the five-day exhibition, Finance Minister Shankar Prasad Koirala assured the automobile dealers to minimise the high custom duty gradually. The dealers had been time and again urging the government to address the issue.
“It will be more appropriate to increase road tax rather than custom duty,” said FNCCI resident Suraj Vaidya. “This system will not affect the earning of the state.”
Speaking on the occasion, NADA president Shekhar Golchha said the government is focused on ensuring that the imported vehicles maintain an international standard.
However, the government has not been able to provide quality fuel for the same, Golchha blamed.
Similarly, the event is also showcasing new technological developments related to vehicles, spare parts, lubricants, tyre, generator, garage equipments, battery and other accessories.
National and international brands from India, China, Korea, Japan, America, Germany and Czech Republic are participating in the event, informed the organiser.
Similarly, the auto-show also feature stalls of banks, after sales services, insurance, auto magazines and newspapers .
The exhibition is jointly organised by NADA and Global Exposition & Management Services Pvt. Ltd.
The organisers have also expected around 50,000 visitors during the event. nepalnews.com