ArmInfo.Employees of the State Revenue Committee of the Republic of Armenia have identified a case of tax evasion in the import and sale of electronic cigarettes.
According to the press service of the department, operational information was previously received that the company importing electronic cigarettes was selling them at retail prices below the excise tax on these products. During the import of another batch from a member state of the EAEU, the SRC employees conducted an inspection on the territory of the Cargo terminal of the Zvartnots airport. On the spot, it was found that the volumes indicated on the self-adhesive labels attached to the cigarette packs were 10 times less than the volumes indicated on the real factory pack under this label. In general, in tax and customs documents for electronic cigarettes imported from the EAEU member states and China, the company presented significantly understated volumes of electronic cigarettes and evaded paying VAT and excise tax in an especially large amount. As a result, the company caused damage to the state in the amount of more than 142 million drams, concealing the real volumes of liquids for electronic cigarettes in documents that are the basis for taxation.
A complaint was filed with the Investigative Committee of the Republic of Armenia regarding non- payment of taxes in especially large amounts, where a criminal case was initiated. Searches were conducted in about 30 retail outlets of the company. Documents that are important for production - electronic media and electronic cigarettes - were seized.
"All stages of import are monitored, so any violation can be identified," the State Revenue Committee said in a statement.
