November 26, 2009 - 18:49 AMT
Armenian government rejects bill amending VAT Law
The Armenian government has rejected a bill amending the VAT Law. As RA finance minister Tigran Davtyan told a government meeting, members of the RA National Assembly proposed a bill ensuring 0 per cent VAT for domestically produced goods. "The government sticks to the view, that the proposal violates the VAT Law and contradicts to accepted international practice, " he said. 

In addition, according to finance minister, this bill would entail difficulties in administration, and cause some risks of its misuse.