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Arax poultry factor enjoying three-year VAT payment adjournment

12.11.2009 18:20

Arax poultry factor enjoying three-year VAT payment adjournment

YEREVAN, November 12. /ARKA/. On Thursday, Armenian government adjourned Arax poultry factory’s VAT paпроyment for three years as part of its bailout program.

Armenian Economy Minister Nerses Yeritsyan said that the government has decided to adjourn VAT pays for those companies whose investment programs or imported equipment cost AMD 300 million or more.

He said that Arax imports equipment worth AMD 870 million. The minister said that the company is planning to open new jobs by 100 and raise an average monthly salary to AMD 70,000.

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Categories: anticrisis.am @en @en, Economy @en, General news, News | Comments Off on Arax poultry factor enjoying three-year VAT payment adjournment

Tags: adjournment, payment, poultry, VAT

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