Now it is not possible to bring expensive mobiles, import of expensive phones including iPhone has stopped

 

Kathmandu. The government has banned the import of mobile sets above Rs 73,000 ($600). The Ministry of Industry, Commerce and Supplies published a notice in the Gazette on Tuesday banning the import of mobile phones. The government has banned the import of some items due to pressure on Nepal's foreign exchange reserves due to excessive imports. Accordingly, the import of expensive mobiles has also been banned.

As per the information published in the Gazette, such ban will be effective only till mid-July. Mobile imports below the stipulated price will not be stopped.

Banks will not be allowed to open letters of credit for mobile imports worth more than $600 as the rule will take effect on Tuesday. According to the statistics of the Customs Department, Nepal has imported more than Rs. 34 billion worth of mobile phones in the first nine months of the current Fiscal Year 2078/79. Mobile is the fifth most imported commodity in Nepal.