August 14, 2022, Sunday
Nepal 1:37:26 pm

Govt. collects Rs. 7.11 million fine from traders

The Nepal Weekly
November 30, 2021

Nepal government has collected Rs 7.11 million in cash fines from the traders who have been found flouting the consumer related laws in the first four months of the current fiscal year. According to the Department of Commerce, Supplies and Consumer Protection, the government authorities inspected 1,355 firms during mid-July and mid-November, of which, 667 face the on-spot cash penalty. Most of these firms were taken action on charges of hoarding and creating artificial shortages, selling food with expired date and failing to maintain transaction records. The Department penalized them with the amount between Rs 5,000 and Rs 300,000, depending on the severity of the misconduct. Similarly, the Department also sealed 10 firms for not abiding with the government laws.