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A DISCUSSION MEETING ON E-COMMERCE AND VIRTUAL CASH REGISTER WAS HELD AT SRC

18.09.2019

NON-CASH TURNOVER WILL GO UP AS A RESULT OF IMPLEMENTING THE VIRTUAL CASH REGISTER To directly boost e-commerce and to raise the number of non-cash transactions, the SRC has undertaken a process of introducing virtual cash registers. For that purpose, a discussion meeting on e-commerce and virtual cash register was held with businesses on committee’s initiative. During the meeting, Deputy Chairman of SRC Mikayel...

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Everything you need to know when importing a car from a non-member country EAEU

17.09.2019

Everything you need  to know for an individual - an importer of a car who plans to import  a vehicle from a country that is not a member of the EAEU. The State  Revenue Committee, as promised, not only tells, but also shows. Recall, when joining the EAEU, Armenia received a transition period  for customs duties, including for cars. From 2015 to 2020, the  customs duty on cars in Armenia remained at the level of...

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Armenian government will return 56 billion drams VAT debit balance to business entities

13.09.2019

The Government of Armenia will return the debit balance of VAT of 56 billion drams to business entities. The corresponding decision was made at a cabinet  meeting on September 12. Earlier, on September 7, Armenian Prime Minister Nikol Pashinyan  announced that an unprecedented economic proposal was being discussed  in the government. "Thousands of organizations have VAT debit  balances that were formed before July...

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Inflation in Armenia remains at a low, manageable level

10.09.2019

Inflation in Armenia remains at a low, manageable level, and most importantly, with low volatility.  Prime Minister of Armenia Nikol Pashinyan expressed this opinion on his Facebook page. Thus, according to Pashinyan, in January-July the average inflation  amounted to 1.9%, and the 12-month rate reached 1.7%. "This has been  ensured by a consistent increase in confidence in the national  currency recently,...

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09.09.2019

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05.09.2019

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Armenian government proposes to completely abandon the concept of "extra-budgetary funds"

04.09.2019

The Armenian government proposes to completely abandon the concept of  "extra-budgetary funds". This was announced on September 3 at a  meeting of the parliamentary committee on financial-credit and  budgetary issues by the Minister of Finance of the Republic of  Armenia Atom Janjughazyan, who introduced a package of amendments to  the Law "On Customs Service" and related legislative acts. According to the...

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