close_game
close_game

Indian hotel's account sealed in Kathmandu

PTI | ByPress Trust of India, Kathmandu
Mar 02, 2005 06:17 PM IST

The account has been sealed for failing to deposit a large amount of Value-Added Tax collected from customers.

Revenue authorities in Nepal have sealed the accounts of the five-star hotel 'Everest', owned by an Indian national, for failing to deposit a large amount of Value-Added Tax collected from customers, the state-run media reported on Wednesday.

HT Image
HT Image

The accounts of Everest, owned by Indian businessman PS Larry, were sealed along with another hotel 'Blue Star' by the Inland Revenue Department in Kathmandu, The Rising Nepal daily said.

Stay tuned with breaking news on HT Channel on Facebook. Join Now

Despite repeated warnings, five-star Everest and four-star Blue Star did not submit a large amount of Value-Added Tax collected from customers, it said.

Get Latest World News and Election Results along with Latest News from India at Hindustan Times.
SHARE THIS ARTICLE ON
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Saturday, December 02, 2023
Start 14 Days Free Trial Subscribe Now
Register Free and get Exciting Deals