Budgetary Policy Threatens Local Plastics Component Production: Equal Customs Duties on Raw and Finished Goods

The government's 2080 budget has leveled customs duties at 10% for both coated calcium carbonate, a key raw material, and its processed derivative, filler master batch. This policy anomaly places Nepali manufacturers of filler master batch at a significant disadvantage against imported finished goods. Local industries, which previously supplied essential components for plastic product manufacturing, now face an unlevel playing field. Consequently, the domestic production of filler master batch is poised to cease, impacting the self-sufficiency and cost structure of the broader plastics sector. Investors in companies related to plastic manufacturing or their supply chains should monitor these policy-induced cost pressures closely.

• Nepali plastic component manufacturers face closure as the 2080 budget imposes equal customs duties on raw materials and finished goods, making local production uncompetitive. #SamacharSanjal #NEPSE #GoldPriceNepal #StockMarketNepal