KATHMANDU: Finance Minister Janardan Sharma has directed the Security Printing Press to print excise duty stickers in Nepal.
Inspecting the press installed in the IT Park in Dhaneshwor, Panauti Municipality, Kavre on Thursday, Minister Sharma asked the Security Printing Press to provide the stickers necessary for the Finance Ministry immediately.
“The Ministry needs around three billion stickers. How many machines are required to print such a quantity of stickers? I request the bodies concerned to install the machines immediately by importing them,” he shared.
The Finance Minister mentioned that he has got the information that the machine going to be installed at IT Park could print everything except for currency notes.
Pointing out the need for printing the safe stickers, he expressed the belief that the printing centre would address the need for it.
The Ministry collects around Rs 100 billion in revenue from excise duty stickers.