Friday, February 10 2017 13:36
Naira Badalian

In 2016 VAT refunding to exporters in Armenia was 5 bln AMD more than in 2015

In 2016 VAT refunding to exporters in Armenia was 5 bln AMD more than  in 2015

ArmInfo. In 2016, VAT refunding  to exporters in Armenia totaled 49 bln AMD, 5 bln AMD more than in  2015 and 11 bln AMD more than in 2014.   

The press office of the Armenian State Revenue Committee has told  ArmInfo that in 2016 VAT was refunded to 138 businessmen (versus 120  and 96 in 2015 and 2014, respectively). Over the past three years,  the Government increased the VAT refunding to exporters by 30%. 

"All exporters without any sectoral restrictions enjoy this  privilege. However, the procuring and industrial enterprises are the  most active," the source says.