Government Defers VAT Payment For Goods Imported By Estate Managemen

[Nanijanian Alex]

GOVERNMENT DEFERS VAT PAYMENT FOR GOODS IMPORTED BY ESTATE MANAGEMENT AND ADMINISTRATION COMPANY FOR THREE YEARS

Noyan Tapan
Dec 24, 2009

YEREVAN, DECEMBER 24, NOYAN TAPAN. At the December 24 sitting, the
Armenian government made a decision to defer for three years the
payment of value added tax (VAT) calculated by tax bodies for goods
imported by Estate Management and Administration Company. According to
the RA Government Information and PR Department, this decision will
allow the company to import equipment under the investment program
on the restoration of the Tatev Monastery Complex.