Subsidies
NEW AND FULL NOTIFICATION PURSUANT TO ARTICLE XVI:1
OF THE GATT 1994 AND ARTICLE 25 OF THE AGREEMENT
ON SUBSIDIES AND COUNTERVAILING MEASURES
Nepal
The following communication, dated and received
on 16 April 2024, is being circulated at the request of the delegation of
Nepal.
_______________
The following notification constitutes Nepal's subsidies
notification for the fiscal years 2020/21 and 2021/22. The Nepali fiscal year
starts from mid-July.
This notification
does not prejudge the nature or legal status of the programmes herein under GATT 1994
and Articles 1 and 2 of the Agreement on Subsidies and Countervailing Measures (ASCM).
Data may reflect approximations, estimates or preliminary information.
Technical or legal inaccuracies may have been inadvertently introduced in the
text in the attempt to make the description of the programmes sufficiently
illustrative, but also straightforward and concise. For transparency purposes, Nepal
may have included certain programmes that arguably are not specific within the
meaning of the ASCM and/or are not covered by that Agreement.
Table of Contents
1
INDUSTRIAL INCENTIVES. 2
1.1 The Industrial Enterprises Act, 2020. 2
1.2 Public Private Partnership and Investment
Act, 2019. 3
2 BUDGETARY INCENTIVES. 4
2.1 Cash Incentive Scheme for Exporting
Industries. 4
2.2 COVID-19 Active Response and Expenditure
Support (CARES) Programme. 5
2.3 Transportation Subsidy on Rice and Salt
Programme. 6