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Duty Free Store Chain (Armenia) To Be Audited This May

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  • Duty Free Store Chain (Armenia) To Be Audited This May

    DUTY FREE STORE CHAIN (ARMENIA) TO BE AUDITED THIS MAY

    ARKA
    March 18, 2009

    YEREVAN, March 18. /ARKA/. The Armenian store chain Duty Free will
    be audited by the European Union (EU) this May, Chief of the Head
    Civil Aviation Department of Armenia Artem Movsisyan told reporters.

    He pointed out that the alcoholic beverages and perfumes purchased
    by Armenian passengers from the Duty Free stores in Armenia are not
    allowed to be transported as hand luggage to European countries.

    "The EU audit in Armenia will allow the country to register the level
    of assurance for products to enable transit passengers to transport
    the goods purchased from the Duty Free store chain in Armenia as hand
    luggage to the third countries and to the EU states," Movsisyan said.

    According to him, the Duty Free chains in the EU, Croatia and Singapore
    are the only chains enjoying this privilege.

    Movsisyan reported that numerous countries are expecting this audit
    so May is the approximate term of audit in Armenia.

    Duty-free shops (or stores) are retail outlets that do not apply
    local or national taxes and duties.

    Duty-free shopping is a bit of misnomer though because shoppers may
    still have to pay duties in their home country on items purchased from
    a duty-free shop. They are often found in the international zone of
    international airports, sea ports or onboard passenger ships.

    From: Emil Lazarian | Ararat NewsPress
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