Acts concerned regarding

Channel Sales on FMCG

Presented By:
Aashma Thapa Magar (22139)
MBA Fall 2022
Linking with Company Act, 2063
Chapter 6: Board of Directors
Company to be bound: Nothing contained in the
MOA, AOA and resolution of the company adopted by
general meeting or any agreement shall be deemed to
have any limitation or any restriction on the authority
of authorized person to do such transaction.
If any such activities are found, such person is liable
for such act unless such activities are ratified by
general meeting. (Section 104)
Linking with Industrial
Enterprises Act, 2020
Chapter 6
Provisions Relating to
Incentives, Exemptions,
Facilities or Concessions for
Industries
Permission may be granted to an
industry in operation with foreign
investment to import goods
produced by its principal company
abroad for a certain period on such
terms and within such ceiling as
prescribed, for development and
promotion of market for new
goods. Section 29 (h)
 If any foreign enterprise
involved it the promotion
Labor Act, 2074 of any business violates
Chapter 13: Provision
the employment contract
in Nepal, such
related to industry or representative may file a
contract to the office of
service of special nature. the labor court in
accordance with this act.
Section 90 (h)
 Bases of good’s custom value determination to be

Custom Act, 2064 imported: The customs value of goods to be imported

shall be determined on the basis of the transaction value
Chapter-5
of such goods and the rules on customs valuation,
Provisions Relating to Determination of Customs
annexes and interpretative notes set forth in the
Value
Agreement on Implementation of Article VII of the
General Agreement on Tariffs and Trade 1994. (Section
13)

Punishment: If any person imports any goods prohibited

Export and Import under this act, the goods to be exported or imported shall
be forfeited and such person shall be punished with a fine
( control) Act, 2013 equal to the value of the goods or imprisonment for a
term not exceeding more than a year or can be both.
(Section 5)
 Liability of importer; (a) To import without

exceeding or making different from the cost

price,
Consumer Protection Act, 2075
(b) To provide details of the goods relating to

Chapter 3: the imported goods when so demanded by the

concerned agency or official,

Liability of Parties associated to
(c) Not to import the goods prohibited to be
marketing of goods and services imported under the prevailing law,

(d) To fulfill such other liabilities as prescribed.

( Section 8)
Thankyou for listening!