AmCham Expresses Its Concern about the Government's Decision on New Type of HDMs

 

According to the Government’s N846 Decision (August 1, 2013), new type of HDM machines should be used by all the registered businesses in Armenia.

 

The new machines cost AMD 369,600 and according to September 5, 2013, N968 decision, all the registered businesses that pay VAT and those that are VAT exempted and have had imports for free circulation exceeding AMD 10 million, are legally required to obtain and start the utilization of the machines by November 1, 2013. The businesses that do not qualify for the mentioned conditions are also required to obtain the machines, but by the deadline of July 1, 2014.

 

On October 30, 2013, AmCham has made a statement on government's decision to invest the new generation HDMs.

 

Click here to view the statement.