Government takes decision on deferal of VAT payment by<br /> Shamb Business company for three years <br />


Government takes decision on deferal of VAT payment by
Shamb Business company for three years

  • 08-10-2009 22:00:00   | Armenia  |  Economy
YEREVAN, OCTOBER 8, NOYAN TAPAN. During October 8 sitting, the Armenian government took a decision to defer the payment of value added tax of 810 thousand dollars (calculated by tax bodies) by Shamb Business company for 3 years - in case it imports goods of over 300 million drams. According to RA Minister of Economy Nerses Yeritsian, this food processing company operates in Syunik Marz and has to import equipment worth more than 300 million drams. Prime Minister Tigran Sargsyan said this is the second decision on deferral of VAT payments, which is conducive to the implementation of investment projects in Armenia.
  -   Economy