Import Of Pedigree Fowls Will Be Exempted From Vat

[Badalian Vardan]

IMPORT OF PEDIGREE FOWLS WILL BE EXEMPTED FROM VAT

/ARKA/
May 11, 2011
YEREVAN

YEREVAN, May 11. / ARKA /. The Armenian parliament has passed today
in the second and final reading a set of changes and amendments to
the Law on the List of Products Imported at Zero Customs Rate and
Exempted from Excise Taxes, which change the procedure of taxation
of imported live fowls.

A deputy chief of the State Revenue Committee, Armen Alaverdian,
said the changes call for including import of pedigree fowls into
the list of products exempted from VAT. He said the existing law
exempts import of fowls from customs dues and excise taxes, however,
the State Revenue Committee has revealed a great number of violations
when non-pedigree fowls are brought in as pedigree fowls.

'This is why the government proposes to make changes to the law and
set privileges only for import of pedigree fowls. This will help
boost pedigree poultry farming,' Armen Alaverdian said.

According to the data of the State Revenue Committee, over 970,000
fowls were imported to Armenia in 2010, but there are no data about
the import of pedigree fowls because the current law does not provide
for such differentiation.