ArmInfo.Armenia is extending the tax exemption from VAT on imports of electric vehicles for two years, established in 2019. Corresponding amendments to the RA Tax Code were approved by the government on November 18.
As stated in the explanation to the document, both importers and sellers of all electric vehicles will be exempted from VAT. According to the source, the decision will help popularize this type of transport. So, if in 2018 only 12 electric vehicles were imported to the RA, then after the adoption of this decision in 2019-2021, already 5200 ones.
The EEC Council in March 2020 decided to abolish the customs duty on electric vehicles imported from third countries to the EAEU by the end of 2021.
