Industrial Enterprises Act, 2020

In the case of a small industry: twenty-five thousand rupees.

(ga) In the case of a medium industry: fifty thousand rupees.

(gha) In the case of a large industry: one hundred thousand rupees.

(2) If any industry commits an act contrary to its objectives, the body registering the industry Amended by the Act to Amend Some Nepal Acts relating to Improving Economic and Business Environment and Enhancing Investment, 2024. may impose a fine on such industry as follows:-

(ka) In the case of a micro enterprise: up to two thousand rupees.

(kha) In the case of a cottage and small industry: up to fifty thousand rupees.

(ga) In the case of a medium-level industry: up to one hundred thousand rupees.

(gha) In the case of a large-level industry: up to five hundred thousand rupees.

(3) If any industry fails to provide information about commencing operations or its commercial production or business within the prescribed period under Section 9, the body registering the industry Amended by the Act to Amend Some Nepal Acts relating to Improving Economic and Business Environment and Enhancing Investment, 2024. shall impose a fine as follows:-

(ka) In the case of a micro enterprise: two thousand rupees for every six months.

(kha) In the case of a cottage and small industry: ten thousand rupees for every six months.

(ga) In the case of a medium and large industry: twenty-five thousand rupees for every six months.

(4) If any industry transfers its location without approval under Section 11, or increases capital, enhances capacity, or adds or changes objectives without approval under Section 12, the body registering the industry Amended by the Act to Amend Some Nepal Acts relating to Improving Economic and Business Environment and Enhancing Investment, 2024. may impose any of the following fines:-

(ka) In the case of a micro enterprise: five thousand rupees.

(kha) In the case of a cottage and small industry: from twenty-five thousand to fifty thousand rupees.

(ga) In the case of a medium and large industry: from one hundred thousand to three hundred thousand rupees.

(gha) In the case of an industry requiring permission under Section 8: an additional one hundred percent fine on the fine leviable under clause (kha) or (ga).

(5) If any industry fails to provide the prescribed details within the prescribed period under Section 13, the body registering the industry may impose a fine on such industry as follows:-

(ka) For a micro enterprise: one thousand rupees.

(kha) For a cottage and small industry: five thousand rupees.

(ga) For a medium industry: ten thousand rupees.

(gha) For a large industry: twenty-five thousand rupees.

(6) If any industry commits any act contrary to Section 36, the body registering the industry Amended by the Act to Amend Some Nepal Acts relating to Improving Economic and Business Environment and Enhancing Investment, 2024. may, at any time, freeze the incentives, exemptions, facilities, or concessions provided to such industry, recover an amount equivalent to such incentives, exemptions, facilities, or concessions, or impose a fine of an amount equivalent thereto.

(7) If any industry fails to fulfill its corporate social responsibility under Section 54, the body registering the industry Amended by the Act to Amend Some Nepal Acts relating to Improving Economic and Business Environment and Enhancing Investment, 2024. may impose a fine equal to one and a half percent of the annual net profit of such industry.